Haven’t calculated all my costs but I’m wondering what I actually make in profit. I only charge $110/night and AirBNB collects city occupancy taxes. i need to pay Fed and State income taxes (and I think additional hotel taxes to the state?) My husband and I pay around 40% for income taxes.
On average, I put around $3 of extras (sodas, cream, coffee) into each visit. My monthly supplies (toilet paper, cleaning supplies, soap, etc.) cost around $12/month. i’m thinking i might make almost $60/night taking utilities into account?
The monthly amounts on my dashboard are wonderful until I think about how much we really take home, esp when I take into account the stress of having guests downstairs.