This article discusses a former real estate agent who was fined for subletting apartments on Airbnb and HomeAway. Hosts should be aware of the legal and financial repercussions of violating local regulations regarding short-term rentals and ensure they are compliant with all applicable rules.
The former real estate agent generated S$1.25m in revenue, but the fine was less, implying that the financial penalty wasn't commensurate with the revenue generated. This might indicate that the fine was based on something other than gross revenue.