The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
My husband and I are retired seniors with a limited income. I have a small vacation rental posted on Air bnb and Vacation Home Rentals. I obtained a business license and collect and submit state and county sales tax for the rental. This allows us to keep our property, maintain it in good condition, and supplement our income in a small way- I don't get much if you count the hours I spend doing the business. Another bonus is the ability to interact with people in our country and other countries who use our home...sharing our area and culture with them...very rewarding.