Renting Points No Paypal?

wakebord99

Earning My Ears
Joined
May 4, 2020
Messages
32
Hello All-

I live in the US and had used Davids DVC for years. The 2024/25 tax season is brining a new twist to this process wherein all transactions through Paypal will be reported as income.

Curious if anyone is using a DVC rental company that doesn't require funds to be transfered via PayPal, and which rents at $18 p/p for premium resorts.

Likewise, how much success people are seeing renting points on these forums.
 
a) If you rent out your points, it's income which you are supposed to declare on your income tax returns, regardless of what paperwork you receive from the Agency you use or from the company which processes payments.

b) https://www.paypal.com/us/home says this:
The 2024 requirement for Form 1099-K reporting to the IRS is $5,000.
Per recent guidance from the IRS, the federal reporting threshold for Form 1099-K will be $2,500 USD of payments from goods or services.

c) The https://dvcrentalstore.com/ has an Intermediary Agreement which says that it shall:
Supply DVC Member with appropriate year-end tax reporting documents as set forth by the United States Internal Revenue Service. These forms include Form 1099-MISC for United States DVCMembers and Form 1042-S for non-United States DVC Members.
 
Hello Best - Thank you for the response, there is a net income factor which the 1099 doesn't account for as it reports all proceedes as income. My accountant and I work to ensure appropriate federal and state reporting as I'm sure we all do.

The query to the forum is to figure out how people are renting w/out 1099 reporting in any way including Paypal's new reporting.
 
Gross Income (reported on 1099 or not) goes through Schedule C (business income) or Schedule E (rents, etc), where expenses are also reported and used to offset the gross income to yield a net income for the business/rental.

(Edited, thanks to @Brian Noble for mentioning that...I'd confused Schedules C and E in my mind)
 
Last edited:
Hello All-

I live in the US and had used Davids DVC for years. The 2024/25 tax season is brining a new twist to this process wherein all transactions through Paypal will be reported as income.

Curious if anyone is using a DVC rental company that doesn't require funds to be transfered via PayPal, and which rents at $18 p/p for premium resorts.

Likewise, how much success people are seeing renting points on these forums.

From the board sponsor: "We have multiple disbursement options to choose from including PayPal, company check and ACH bank transfer." also "We pay more than any other rental service – up to $18 per point"

https://www.dvc-rental.com: "funds due to you are immediately transferred to you via PayPal (please be aware that Paypal charges a 4% fee to receive money) at the time of the reservation (once we receive the funds from the guest) or sent to you via check if you prefer" .. "Currently, you are paid $18 per point"

I'm sure there are others a quick google search will yield.

Keep in mind these are US based and will still issue a 1099, but answering your question about non PayPal options
 
a) If you rent out your points, it's income which you are supposed to declare on your income tax returns, regardless of what paperwork you receive from the Agency you use or from the company which processes payments.

b) https://www.paypal.com/us/home says this:
The 2024 requirement for Form 1099-K reporting to the IRS is $5,000.
Per recent guidance from the IRS, the federal reporting threshold for Form 1099-K will be $2,500 USD of payments from goods or services.

c) The https://dvcrentalstore.com/ has an Intermediary Agreement which says that it shall:
Supply DVC Member with appropriate year-end tax reporting documents as set forth by the United States Internal Revenue Service. These forms include Form 1099-MISC for United States DVCMembers and Form 1042-S for non-United States DVC Members.
The way i read it was $5000 2024 and changed to $2500 2025.
 
I live in the US and had used Davids DVC for years. The 2024/25 tax season is brining a new twist to this process wherein all transactions through Paypal will be reported as income.
Thank you for the response, there is a net income factor which the 1099 doesn't account for as it reports all proceedes as income.
Gross Income (reported on 1099 or not) goes through Schedule C (business income), where expenses are also reported and used to offset the gross income to yield a net income for the business.
It is proper and ordinary to have the gross revenue reported in a 1099. It is also proper and ordinary to offset (some or all) of that revenue with appropriate costs.

If you have a business that includes renting DVC points, you could report it under Schedule C and claim the appropriate business expenses against the gross income to get to a net amount. If you do not have a business, (or you do but it is not the entity that rents points), you can instead report this under Schedule E, again claiming the appropriate and relevant expenses.

In my own personal tax situation, I do have a sole-proprietorship business, but that business has nothing to do with timeshare rental. So, in the past when I've rented (non-Disney) timeshares, I have reported that via Schedule E, separately from my Schedule C business. It's pretty easy to include e.g. maintenance fees, etc. to get to the correct net amount.

And yes, one is obligated to report this revenue even if one does not receive a 1099 documenting it. If you are already reporting it, having the 1099 does not add any complications.
 
Its fairly easy to rent out your points yourself. Just post here and post on Facebook primarily to rent them out. You likely can make more than the $18 and honestly its really not much effort.
 
Remember, though, for an owner to use the DISRent/Transfer Forum they must meet the posting prerequisite to use the board for free, or they must slect a paid rental board plan. The paid plans require you to pay via paypal.
 
Hello All-

I live in the US and had used Davids DVC for years. The 2024/25 tax season is brining a new twist to this process wherein all transactions through Paypal will be reported as income.

Curious if anyone is using a DVC rental company that doesn't require funds to be transfered via PayPal, and which rents at $18 p/p for premium resorts.

Likewise, how much success people are seeing renting points on these forums.
Not having PayPal I’ve rented by word of mouth in the past.
 
From the board sponsor: "We have multiple disbursement options to choose from including PayPal, company check and ACH bank transfer." also "We pay more than any other rental service – up to $18 per point"

https://www.dvc-rental.com: "funds due to you are immediately transferred to you via PayPal (please be aware that Paypal charges a 4% fee to receive money) at the time of the reservation (once we receive the funds from the guest) or sent to you via check if you prefer" .. "Currently, you are paid $18 per point"

I'm sure there are others a quick google search will yield.

Keep in mind these are US based and will still issue a 1099, but answering your question about non PayPal options
Glad I found this thread, since I received a 1099-K from Paypal for the first time to my knowledge. Is the "ACH bank transker" from David's Vacation Club or another service? I could not find that language on their website.

Thank you.
 

















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