Question about which state is best to manage my moms vacation home on Airbnb as a non real estate agent

[Anonymous]

Hello,
My elderly mom is looking to purchase a vacation home for her family’s use and occasionally renting it out via Airbnb. I would be the one managing the rentals if we rent it out. She says she will pay me to manage the setting up of rentals etc this should it happen. We would hire a local person to manage any repairs and cleaning.
My question for the real estate tax lawyers out there is how best to manage this as I am not a licensed property manager, just a family member. Would this salary be considered a “gift” since it is technically coming from my parents income, and then given to me, or are their states that allow this to be done by a non licensed person (family member in this case) who is not the owner of the property for pay?
She is looking in Long Island, NH and Massachusetts for a property. Thank you for any advice.

[Anonymous]

Ignoring the tax question, the manager needs to be able to visit the property immediately after guests leave to evaluate whether the deposit should be returned. Manager also is dealing with misbehaving guests and similar issues. So you need a local property manager or else a location you can easily get to yourself. Im speaking from experience with a rental my parents own, in an area without many management companies to choose from.

[Anonymous]

Anonymous wrote:Ignoring the tax question, the manager needs to be able to visit the property immediately after guests leave to evaluate whether the deposit should be returned. Manager also is dealing with misbehaving guests and similar issues. So you need a local property manager or else a location you can easily get to yourself. Im speaking from experience with a rental my parents own, in an area without many management companies to choose from.

Did you even read the post? They have someone local to do all that stuff.

OP what exactly would you be doing? Just the online bookings? You don’t need a license for that. Any monkey can do it.

[Anonymous]

Yes, pp, I would only be managing the online bookings and scheduling online. If she pays me to handle that is that ok? Or does put me in the category of leg sling needing a “license” in NY or MA to revive payment for that service?

[Anonymous]

Typo above

“Needing” not “ leg sling” haha

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ignoring the tax question, the manager needs to be able to visit the property immediately after guests leave to evaluate whether the deposit should be returned. Manager also is dealing with misbehaving guests and similar issues. So you need a local property manager or else a location you can easily get to yourself. Im speaking from experience with a rental my parents own, in an area without many management companies to choose from.

Did you even read the post? They have someone local to do all that stuff.

OP what exactly would you be doing? Just the online bookings? You don’t need a license for that. Any monkey can do it.

DP. The post says that they "would" hire someone, not that they already have someone. I, for one, value advice from people who have BTDT before making a big financial commitment. These things are never as easy as they seem.

[Anonymous]

Isn't Mom's preferred location for a vacation far more important than an occasional AirBnB? Or is it going to be rented out much more than occasionally?

[Anonymous]

Yes, we are just starting to look at properties so I want to know all the specifics beforehand. But yes if she loves a particular location then that would be the first priority. She is very flexible as to location at this point but likes the idea of being able to rent it out this way, maybe five weeks a year or so?

[Anonymous]

Anonymous wrote:Ignoring the tax question, the manager needs to be able to visit the property immediately after guests leave to evaluate whether the deposit should be returned. Manager also is dealing with misbehaving guests and similar issues. So you need a local property manager or else a location you can easily get to yourself. Im speaking from experience with a rental my parents own, in an area without many management companies to choose from.

We have a vrbo in Rehoboth and our cleaning person does this.
OP how much is she paying you? My spouse literally manages our rental on the app. It’s not that hard or time intensive. I can’t imagine it’s that much you need to worry about taxes.