Pass through Occupancy Tax

[Dan-and-Vanessa0]

We have 3 properties and planning to add a few more. We use a few different bank accounts for payouts. . Airbnb collects and remits the state tax. We collect the occupancy tax. Airbnb deposits those taxes as a separate pass through. The problem is that they specify one of our bank accounts as a default. They will only deposit these pass through payouts to the default bank account as opposed to into the actual account linked to the individual listing. It is an accounting nightmare for us. Has anyone found a resolution or workaround for this?  I haven’t received any help from air. Any suggestions would be greatly appreciated. Thanks!

[Lorna170]

@Dan-and-Vanessa0   Are you using multiple bank accounts because the properties are in different states or have different owners?  Otherwise, you might talk to your accountant about rolling all fees to one bank account and then assigning income and expenses via a spreadsheet for tax purposes.

We have multiple properties within a single state, single owner, and all receipts go to one bank account.  We track everything ourselves (not relying on the OTA information) and have done so for 20+ years.  It can be time consuming, but this is our business after all, and a good business does not run on other peoples/companies efforts, but on our own.

[Sharon1372]

 I cannot believe the programmers have not fixed this by now. I was on the phone for over an hour today, thinking there must be a glitch in the system.  Finally, in desperation, I googled and learned that this was obviously NOT a concern of Airbnb.  The gentleman who helped me was unaware of the fact that occupancy taxes go to the default account, in spite of the fact that their own site indicates that 100% of owner's portion goes to a different designated bank account, and not the default account. I guess there are not enough owners of multiple properties to get their attention to make it worth them changing the current old setup. I have seen complaints about this dating back to 2019.