New York Gov. Kathy Hochul proposed a sales tax for short-term rentals in her executive budget plan, which could generate $16 million in annual revenue.
The proposal would undo the bungalow rule, allowing cabins without hotel-like amenities to avoid the sales tax.
Airbnb supports the proposal as it could streamline the tax collection process and protect short-term rentals in a challenging regulatory environment. [ more ]
New York Gov. Kathy Hochul proposed a sales tax for short-term rentals in her executive budget plan, which could generate $16 million in annual revenue.
The proposal would undo the bungalow rule, allowing cabins without hotel-like amenities to avoid the sales tax.
Airbnb supports the proposal as it could streamline the tax collection process and protect short-term rentals in a challenging regulatory environment. [ more ]
Could Madrid turn into New York, a city without short-term rentals?
The mayor of Madrid implemented strict regulations with fines for unlicensed short-term rentals, causing concern for operators and the impact on tourism. [ more ]
Could Madrid turn into New York, a city without short-term rentals?
The mayor of Madrid implemented strict regulations with fines for unlicensed short-term rentals, causing concern for operators and the impact on tourism. [ more ]
Opteon's Short-Term Rental Analysis provides a more accurate report for short-term rentals
Opteon's Short-Term Rental Analysis is a more accurate and relevant report for short-term rentals compared to the traditional 1007 form.
The report provides details on income potential, market seasonality, and regulatory impacts, and is analyzed and signed by a Certified General Appraiser. [ more ]