Insight
Renting an Airbnb in Ocean City will have an extra 3% tax.
Renting an Airbnb in Ocean City? You’ll soon pay an extra 3% tax.
Summary
Ocean City Airbnb hosts will soon be subject to an additional 3% tax on rentals. This change will impact profitability, so hosts should factor the new tax into their pricing strategy and budgeting.
Key takeaway