Insight
Corpus Christi has implemented a 15% cap on short-term rentals (STRs) for properties not occupied by the owner.
Corpus Christi Clarifies 15% Cap for Non-Owner Short-Term Rentals, Including Rounding Rules
Summary
Corpus Christi has clarified its 15% cap on non-owner short-term rentals, including specific rounding rules. Hosts must understand these nuances to ensure compliance with local regulations. Failure to adhere could lead to penalties.
Key takeaway