Airbnb takes another shot at Ocean City’s occupancy tax - Downbeach
Summary
This article discusses Airbnb's continued efforts regarding occupancy tax in Ocean City. Hosts in Ocean City should stay informed about potential changes to occupancy tax regulations as it could impact their profitability and compliance requirements.
Key Insights
- •The article focuses on Airbnb's involvement with occupancy tax, a significant component of local regulations affecting STR hosts.
Action Items
- ✓Hosts should monitor local news and government websites for updates on occupancy tax regulations in Ocean City.Effort: lowImpact: medium
- ✓Review your Airbnb account settings to ensure occupancy tax collection and remittance are accurate according to local regulations.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with local occupancy tax regulations could result in penalties or fines.
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