Ocean City's challenge: Rental violators, Airbnb and now a possible room tax bump - DelmarvaNow.com

about 7 years agoOcean City, MDScore: 75
Regulations & Compliance
Local News
Local Regulations
Airbnb
Tax Strategy
Permits

Summary

This article discusses Ocean City's challenges related to rental violations, the impact of Airbnb, and a potential increase in room taxes. Hosts in Ocean City should stay informed about local regulations and any potential changes to tax rates that could affect their profitability.

Key Insights

  • The article mentions challenges related to rental violators. It is important to know about regulations and how they are enforced.
  • The article states that a possible room tax bump is being considered. This will likely affect profitability.

Action Items

  • Hosts should monitor local news and government websites for updates on rental regulations and potential tax changes in Ocean City.
    Effort: low
    Impact: medium

Watch Out For

  • Failing to comply with local regulations and tax requirements can lead to penalties and fines.