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- Tisbury considers eliminating a cap on short-term rentals - The Martha's Vineyard Times
Tisbury considers eliminating a cap on short-term rentals - The Martha's Vineyard Times
Summary
This article discusses Tisbury's consideration of removing the cap on short-term rentals, potentially opening up the market. This could significantly impact the local rental landscape. While details are limited, the proposed change signals a potential shift in the regulatory environment, inviting new opportunities.
Key Insights
- •Tisbury is considering eliminating the cap on short-term rentals.
Action Items
- ✓Hosts in Tisbury should monitor local news and government websites for updates on the proposed change.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to stay informed about potential regulatory changes could result in non-compliance and fines.
More from Regulations & Compliance
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A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
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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