Hi all,

My parents are helping me out with my living situation. All three of us are on the mortgage, but they're paying the mortgage while I am paying the HOA and anything else that arises. However, I travel a lot, so I have been AirBnBing the unit while I am gone as of mid-August. My question is: have I gotten myself in a pickle here? When calculating the portion I needed to save for tax, I never even considered that it might effect them (poor foresight, I know). How does the taxation of that income work? Are they liable for some of that income, even though they don't even know I have been renting it, or is there a way to protect it from that? A bump up to the top tax bracket from mine would be painful to say the least.

Thanks,
Tim