Co-Host Payouts - where on Schedule E does deduction go?

[Ann43124]

We sold our Airbnb property in December. There was one more stay left for the year, and we just added the new owner as a co-host for that final stay and he received the payout. I know our Airbnb 1099-K gross earnings include co-host payouts, so we need to do a deduction for what was paid to him. Where on Schedule E to we put it?

Thanks in advance for your help.

[Bhumika]

Hi @Ann43124 ! That's certainly an important question for Hosts who work with Co-hosts. Since you posted some time ago, did you manage to figure it out or reach out to Customer Support team?

Please let us know if you had any advise related to such tax information for fellow Hosts🌻.