The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #01351

Submission Number:
01351
Commenter:
Anne Kiyimba
State:
Massachusetts
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Sharing my apartment with guests to Boston has helped me play a part in encouraging tourists to visit Boston. It has helped put that extra cash into my pocket which has helped me make ends meet [REDACTED] The Airbnb website allows me to screen the guests beforehand so i can pick and choose who to host after reading about them. These same guests can read reviews about my place and make an educated decision to either stay at my place or choose my competitor's place. IRS doesn't quite seem to understand how this business works and they are giving me a hard time when I file my taxes and claim reimbursements for the expenditures on running this outfit. This is a business outside the usual traditional busy and its high time it gets the recognition it deserves from lawmakers and relevant regulatory bodies.