About the owner report

Understanding the Owner Report...

1. Property title is the address of your property

1a. Month and Year = date of reservation

1b. Number of Nights = length of stay

1c. Booking Date = Date reservation was made/confirmed

1d. Start Date of Reservation and End Date of Reservation = reservation dates of stay. 

1e. Guest Name = Name of guest we confirmed details with and primary point of contact of reservation

1f. Number of Guests in reservation

2. Accommodations = nightly rate that the guest paid x number of nights; the total. This is also the amount we use for configuring our management fee. 

3. Cleaning Fee = cleaning charged to guest. (Below you will see cleaning amount paid to cleaners).

4. TOTAL (What Guest Paid) = Total of Accommodation + Cleaning Fee.  This is the amount sites like Airbnb use to determine their "Site Listing Fee".

*This marks the end of the 'income' portion of our report. The next section will focus on charges/expenses charged from the income. Also at tax year end, your 1099 will reflect this amount.  You will also be given a worksheet that shows all costs/expenses that you/your accountants can utilize to offset the income, including cleaning fees, management fees, credit card/site listing fees, restocking fees, maintenance fees. 

5. Cleaners = the amount we pay to the cleaner. This usually, but not always matches what is charged to the guest (see above).  Since this worksheet is configured BEFORE the reservation, we are projecting the cleaning charge but from time to time that charge may be lower or higher and in such cases we will revise this worksheet. 

6. Concierge & Restocking: If/when we have to purchase and place supplies in the home, then the costs of those items is placed here. There is no up charge by us. We simply pass through the cost of supplies (paper towels, trash bags, toilet paper, bathroom toiletries, etc.). We maintain receipts for all items. We don't expect this fee to show up more than a few times / year.  We will describe this charge in the "NOTES" section (see far right side of report).

7. Maintenance: if/when we have to call in maintenance services (plumbing, electrical, etc) then the costs of those services and parts is placed here. There is no up charge by us. We simply pass through the cost of parts & labor. We maintain receipts for all charges. We don't expect this fee to show up more than a few times / year. We will describe this charge in the "NOTES" section (see far right side of report).

8. Management Fee: This is the management fee, based on the accommodation rate and no other fees paid by the Guest. 

9. TOTAL (What Air Concierge Paid Out) = Total of Cleaning + Concierge/Restocking + Maintenance + Management Fee.  This is the amount Airbnb uses to determine the "Site Listing Fee".

*This marks the end of the 'expenses' portion of our report. At tax year end, your 1099 will NOT reflect these amounts.  However, you will  be given a worksheet that shows all costs/expenses that you/your accountants can utilize to offset the income, including cleaning fees, management fees, credit card/site listing fees, restocking fees, maintenance fees. 

10. Distribution to owner: this is the difference between TOTAL (What Guest Paid) and TOTAL (What Air Concierge Paid Out).