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Integration With Avalara
Summary
OwnerRez has integrated with Avalara's MyLodgeTax Pro to simplify tax compliance for hosts. This integration streamlines license management, tax filings, and payments, allowing hosts to focus on growing their business and staying compliant with ever-changing tax regulations.
Key Insights
- •The integration automates lodging tax compliance, which includes managing licenses, preparing and filing tax returns, submitting payments, and staying updated with changing tax rules and marketplace agreements.
Action Items
- ✓If you use OwnerRez, investigate integrating with Avalara's MyLodgeTax Pro to automate tax compliance.Effort: lowImpact: medium
Tools & Resources
- →Avalara MyLodgeTax Pro: Avalara MyLodgeTax Pro is a service for tax compliance.
- →OwnerRez: OwnerRez is a property management system.
Common Mistakes
- ⚠Failing to stay compliant with lodging tax regulations can lead to penalties and fines. Utilizing a tool like Avalara can help avoid these pitfalls.
More from Regulations & Compliance
The Green Bay City Council is set to vote on new short-term rental rules, which will likely impact local hosts. Details about the specific regulations are not yet known, but hosts should prepare to understand and adapt to the changes. Stay informed about the upcoming vote.
This article discusses the need for housebuilding to address temporary accommodation challenges. It argues that short-term solutions are not enough and should be supported by building more houses. This highlights the ongoing debate about housing affordability and its relationship to the STR market.
Hawaii's hotel industry and the governor are seeking to eliminate 30,000 vacation rentals. This move reflects ongoing tension between traditional hotels and the rapidly expanding short-term rental market. The potential reduction could reshape Hawaii's tourism landscape and affect rental income for hosts, alongside a shift in tourism economics.
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