New tax on short-term rentals now in effect - WWNY
Summary
A new tax on short-term rentals has gone into effect, according to WWNY. Hosts should familiarize themselves with any new tax regulations to ensure compliance.
Key Insights
- •A new tax on short-term rentals is now in effect.
Action Items
- ✓Review local and state regulations to understand the specifics of the new tax.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with new tax regulations could result in penalties.
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