The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I started using Airbnb last October when my in-law unit became vacant. My mother decided she wanted to move in but had to sell her home first. So Airbnb gave me the flexibility to have very short term tenants in place until my mother sold her house and was able to move in. It took 6 months before she was able to sell her house and move in. I am a full time mother of two and work part time so the extra income helps with basic needs. I like that Airbnb does the screening of clients and collection of funds for improved security and safety. I received a 1099 from Airbnb so the extra income was claimed properly on my tax return.