40% growth in 4 years: Beaufort eyes closing a loophole in short-term rental rules - Hilton Head Island Packet
Summary
Beaufort is considering closing a loophole in their short-term rental rules due to a 40% growth in the market over the last four years. Hosts in Beaufort should stay informed of potential changes to local regulations that could impact their ability to operate.
Key Insights
- •The article highlights a 40% growth in the short-term rental market over four years in Beaufort.
Action Items
- ✓Hosts in Beaufort should monitor local government announcements and news outlets for updates on short-term rental regulations.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with new or changing local regulations could result in fines or the inability to legally operate a short-term rental.
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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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