City of Los Angeles collected more than $275 million in taxes from Airbnb - Airbnb Newsroom
Summary
The City of Los Angeles collected over $275 million in taxes from Airbnb. This significant revenue stream highlights the economic impact of short-term rentals in the city. Learn more about how STRs contribute to local economies and the regulations affecting hosts in Los Angeles.
Key Insights
- •The City of Los Angeles collected more than $275 million in taxes from Airbnb.
Action Items
- ✓Hosts should familiarize themselves with local tax regulations to ensure compliance.Effort: lowImpact: medium
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St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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