Ocean City's challenge: Rental violators, Airbnb and now a possible room tax bump - DelmarvaNow.com
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 states that a possible room tax bump is being considered. This will likely affect profitability.
- •The article mentions challenges related to rental violators. It is important to know about regulations and how they are enforced.
Action Items
- ✓Hosts should monitor local news and government websites for updates on rental regulations and potential tax changes in Ocean City.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with local regulations and tax requirements can lead to penalties and fines.
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