Airbnb and VRBO regulations in NYC are the latest among other cities - Fox Business
Summary
This article highlights the ongoing trend of Airbnb and VRBO regulations across various cities, with NYC being the latest. Hosts should stay informed about local regulations to ensure compliance and avoid potential penalties.
Key Insights
- •Airbnb and VRBO regulations are being implemented in various cities.
Action Items
- ✓Research and understand the specific short-term rental regulations in your local area.Effort: lowImpact: high
Common Mistakes
- ⚠Failure to comply with local regulations can lead to fines and/or the inability to operate as a short-term rental.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
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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