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You both pay taxes according to your capital gains and expenditures. Your gains are $100, AirBnB's are $25. Coca-Cola pays taxes, too.
by some1else 13y ago
You both pay taxes according to your capital gains and expenditures. Your gains are $100, AirBnB's are $25. Coca-Cola pays taxes, too.
- wehadfun 13y agoYou are confusing income tax with "hotel tax" and "local sales tax". For example some states charge a separate hotel tax, and some counties charge "lodging/entertainment taxes" These taxes are calculated based on the nightly rental rate charged to the customer. Not what ever amount AirBnB turned over to the host.