A French homestay agency that arranges rooms for tourists to stay here (NY) has asked whether I want to be paid through paypal or a transfer of $ (just about $1200, first time doing it for them; it will be rare) directly to my bank acct. what do you think is better tax-wise? It does not involve selling anything but the use of a bedroom for a tourist.I do not have a “B & B” place or anything; this is rather informal. If they use paypal, could I possibly then use the $ they send to pay a mortgage payment? (ok maybe that sounds ignorant….) or is it just less complicated (but costly tax-wise) to have them transfer $ to my bank? would I have to declare it & call it rental income? (it’s not exactly from employment) sorry for naivete; I have to answer them sometime today if possible. thank you for your time. I know this isn’t to be used for personal, professional advice but I need something to help me decide since I cannot consult with anyone today and the IRS & paypal sites confused me.