tax number

tax number

hello, just purchase a turn key airbnb. the transition is a bit rough with bookings that are still on the former owner/host account. It was decided that it was best to "host" them on that account. and all new would be on the new listing. however the previous host is now worried about any tax issues that will come up. the short of the long is the payouts are going in to my bank account but... and here is the question are the reporting going to be on some tax # that they put in some where if so where is it and can we split the earnings going forward if  I add my US llc EIN #?

1 Reply 1
Ann72
Level 10
New York, NY

@Bronwen19  You can go to Account->Payments and Payouts->Payouts, and "add payout method."

 

You can also add a payout routing rule on the same page.

 

These changes will only apply to reservations made after you make the changes.

 

At the bottom of the same page you can add or delete a taxpayer or edit an existing taxpayer.  This is where the EIN would appear.

 

You might need to consult an accountant for reservations that were paid during the overlap period.