Michigan House committee considers tax on short-term rentals - CBS News
Summary
A Michigan House committee is considering a new tax on short-term rentals. Hosts in Michigan should monitor this development as it could impact their profitability.
Key Insights
- •A Michigan House committee is considering a tax on short-term rentals.
Action Items
- ✓Monitor legislative updates regarding short-term rental taxes in Michigan.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with new tax regulations could lead to penalties.
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.
Curated by Learn STR by GoStudioM