Insight
A Michigan lawmaker proposes a 3% tax on short-term rentals booked online.
Michigan lawmaker proposes 3% tax on short-term rentals booked online
Summary
A Michigan lawmaker proposed a 3% tax on short-term rentals booked online. This tax could impact your profitability. Hosts should stay informed about potential tax increases in their area and understand how it affects their pricing strategies.
Key takeaway