Michigan lawmaker proposes 3% tax on short-term rentals booked online - WWMT
Summary
A Michigan lawmaker has proposed a 3% tax on short-term rental bookings made online. This could impact your profitability as a host in Michigan. Stay informed about potential tax changes in your area.
Key Insights
- •A Michigan lawmaker has proposed a 3% tax on short-term rentals booked online.
Action Items
- ✓Monitor local news and updates regarding the proposed tax.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with new tax regulations can lead to penalties and fines.
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