Vail's proposed short-term rental tax draws big-money opposition, led by Airbnb's $30,000 contribution - KUNC
Summary
Vail, Colorado is proposing a new tax on short-term rentals, facing opposition led by Airbnb's $30,000 contribution. Hosts in Vail should stay informed about the proposed tax and its potential impact on their profitability.
Key Insights
- •Airbnb contributed $30,000 to oppose the proposed short-term rental tax in Vail.
Action Items
- ✓Monitor local news and updates regarding the proposed STR tax in Vail.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with new local regulations, such as a short-term rental tax, can lead to fines and/or loss of permit.
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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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