The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00754

Submission Number:
00754
Commenter:
James Turner
State:
Virginia
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I am a currently unemployed mental health worker [REDACTED]... I cope well and because of my attitude I have a good life. I got my home through a USDA and a local grant for the downpayment and because I have always been careful with the pittance I have earned and my meagre Social Security Check of less than 600 dollars a month I qualified for a mortgage to a fine little brick home in a nice middle class neighborhood.\ To supplement my below poverty level income I let my two extra bed rooms out for short term guests. Airbnb is a GOD SEND... they line up my guests, handle my payments, and provide the necessary tax documents 1099A for tax time. The rentals don't help ends meet but they do help a lot... usually overnight guests for 29$ and a few for a bit longer. Airbnb has provided the promotion and handles all of the business management for A DOLLAR out of every over night guest I have. Please support this phenomena of short term guest rental and in particular Airbnb. Helping us with any tax credits or tax templates to list expenses would be good. For instance I use a lot of what to me is expensive detergent and bathroom cleaner every week and don't understand how to list this as a necessary expense, sheets wear out or become unusably stained and most of my water bill goes to guest showers and laundry. Also how do we claim the full use of our home by the guests as an expense when they only rent the room. I live there too but most of my time is spent cleaning and keeping our home in good order for guests and how can I bill for that.. and I know it is worth more than 30 dollars a night and 600 dollars a month for long term but I must keep my income down to qualify for SNAP food benefits and Medicaid. At present my USDA mortgage in in a "moratorium" because I lost my regular job as a mental health worker and over 75% of my monthly income. I like having guests in our home [REDACTED] this project helps me to have satisfying friendly contact with people and helps cover my monthly expenses but I still must put some of my obligations on my credit card until I get another regular job Yours truly