<prompt> Human: Hope this is the right sub...I bought the house, completely in my name. He moves in some time after and he pays rent and splits utilities with me.Ive since decided to put an extra room on Airbnb and much to my success, Im getting quite a lot of requests. But were struggling with how to split the money made. Were both cleaning, were both suffering with less living space, were both paying for electricity, toilet paper, hot water, etc. Should it be right down the middle then, after setting aside some for taxes? Thanks in advance! Edit: Thank you all! Because we live in a low income area, the most I can get is 45-50night. Thats NOT a lot for the tax work, cleaning and lack of convenience for us. Buttt, we just got a request for a girl to stay for a month, 1200 total. Thats a lot. We liked the 3 way split idea. 300 to taxes, 600 to me and 300 to the boyfriend his rent.  <response>: That money should be 100 yours, and you should negotiate something like lowering his rentcovering his utilities on the months that you have lots of tenants. Youre taking on all the risk with the house that you own, and youll be the one paying taxes on it. 