Insight
St. Louis has imposed a 3% fee on short-term rental income.
St. Louis Imposes New 3% Fee on Short-Term Rental Income
Summary
St. Louis is implementing a new 3% fee on short-term rental income. This financial update could affect host profitability and requires attention to tax obligations. Hosts operating in St. Louis will need to understand and comply with this new regulation to avoid penalties.
Key takeaway