Austin short-term rentals hit with 11% tax, leaving guests to pay more - KVUE
Summary
Austin, Texas short-term rentals are now subject to an 11% tax, which will likely increase guest costs. Hosts in Austin need to understand this new tax regulation to ensure proper compliance and accurately price their listings.
Key Insights
- •Austin short-term rentals are now subject to an 11% tax.
Action Items
- ✓Update your pricing to reflect the new 11% tax to remain profitable.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to collect and remit the 11% tax could result in penalties.
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