News
Stay updated with the latest STR industry news and regulations
What Is the Short-Term Rental Loophole?
This article discusses the "short-term rental loophole," a tax strategy allowing hosts to use losses from short-term rentals to offset active income if certain conditions are met, such as average stays of seven days or less and material participation in managing the property. Hosts should carefully track their hours and activities and consult with a CPA experienced in STR tax strategies to take advantage of this potential tax benefit while staying compliant.
Help! Airbnb banned me for life — but won’t say why - The Mercury News
This article reports on an Airbnb host who was banned for life without being given a reason. Hosts should be aware of the potential for permanent bans from platforms like Airbnb and the lack of transparency in such decisions. It is recommended that hosts understand the platform's terms of service and strive to maintain a good standing to avoid such situations.
Atlanta City Council rejects proposal banning new Airbnbs, other short-term rentals in Buckhead - CBS News
The Atlanta City Council rejected a proposal that would have banned new Airbnbs and other short-term rentals in the Buckhead neighborhood. This is good news for hosts looking to operate or invest in short-term rentals in Buckhead, Atlanta. Hosts should stay informed about any future regulatory changes in the area.
Rachel Reeves’ plan could bring tourist tax to English hotels and Airbnb’s - Hotel Management Network
A potential tourist tax is being considered in England that would affect both hotels and Airbnb rentals. Hosts in England should stay informed about potential tax implications and plan accordingly.
Rachel Reeves’ plan could bring tourist tax to English hotels and Airbnb’s - Yahoo Finance
A potential tourist tax in England, as proposed by Rachel Reeves, could impact both hotels and Airbnb rentals. Hosts should stay informed about potential tax changes that could affect their profitability and pricing strategies.
Cap on Green Bay's short-term rentals would do little for affordable housing, commission says - Green Bay Press-Gazette
A commission in Green Bay, Wisconsin, stated that placing a cap on short-term rentals would not significantly improve affordable housing. Hosts should be aware of local regulations and how they impact the housing market.
Short-term rentals in Bellaire now prohibited in residential districts under new guidelines - Community Impact | News
Bellaire, TX has prohibited short-term rentals in residential districts under new guidelines. Hosts operating in Bellaire must comply with these new regulations or risk penalties.
City tracking down Airbnbs to collect taxes | Owensboro Messenger Inquirer - paxtonmedia.com
The city of Owensboro is actively tracking down short-term rentals, likely to ensure tax compliance. Hosts in Owensboro should be aware of this and verify their tax obligations to avoid penalties.
Reeves could allow holiday tax on English hotel and Airbnb stays - The Guardian
The article discusses the potential implementation of a holiday tax on both hotels and Airbnb stays in England. This could affect your pricing strategy and overall profitability if implemented. Monitor local news for updates and understand how this tax might impact your revenue.
Vail voters reject plan to tax short-term rentals to support housing - The Colorado Sun
Vail, Colorado voters rejected a plan to tax short-term rentals to support housing initiatives. This news indicates local pushback against STR taxation. Hosts in Vail should monitor local regulations and be aware of community sentiment towards STRs.
Public hearing on crackdown of short-term rentals in Riverhead set for Nov. 18 - Riverhead News Review
Riverhead is holding a public hearing on November 18th regarding potential crackdowns on short-term rentals. Hosts in the Riverhead area should pay attention to this hearing as new regulations could impact their ability to operate.
Green Bay hears from public on proposed short-term rental rules - WBAY
Green Bay is holding a public hearing regarding proposed short-term rental regulations. Hosts in Green Bay should stay informed about the proposed rules and consider attending the hearing or submitting feedback.
No solution in sight for Brussels Airbnb hosts 100 days after hefty fines were issued - The Brussels Times
This article discusses the ongoing situation for Airbnb hosts in Brussels, Belgium, 100 days after hefty fines were issued. Hosts should be aware of potential regulatory challenges and the implications of non-compliance in Brussels.
Investor Confidence is Up—What’s Making Everyone Feel Good About the Market?
Real estate investors are pivoting from flipping to rentals due to rising costs and increased regulations. Hosts should be aware of rising insurance costs and STR restrictions, and consider leveraging AI tools and green tech to improve profitability and streamline operations.
Airbnb’s Strong Q3, Sonder Collapses, and Instacart Tests STR Market
This week's roundup highlights Airbnb's strong financial performance, Sonder's bankruptcy, and Instacart's new partnership with Airbnb. Hosts should take note of the evolving market and consider how they can capitalize on opportunities like Instacart's grocery delivery service or the potential in rural Spanish markets.
Galveston passes ordinance tightening rules for short-term rental owners - Chron
Galveston has passed a new ordinance tightening rules for short-term rental owners. Hosts in Galveston should stay informed about these new regulations to ensure compliance.
Columbia planning officials reject ban on Airbnbs in neighborhoods. What now? - The State
Columbia planning officials have rejected a ban on Airbnbs in neighborhoods. Hosts should be aware of this local decision, as it prevents stricter regulations for now, but the situation could change.
Galveston City Council approves stricter short-term rental ordinance with three-strike rule - Houston Public Media
Galveston City Council has approved a stricter short-term rental ordinance that includes a three-strike rule. This means hosts in Galveston will face consequences for violations. Hosts should familiarize themselves with the new regulations to avoid penalties.
Should accessory dwelling units increase in square footage? Sandwich town meeting Nov. 17 - Cape Cod Times
The Sandwich town meeting on November 17th will discuss potential changes to the square footage allowed for accessory dwelling units (ADUs). Hosts with ADUs in Sandwich, MA should pay attention to this meeting as it may impact their property's potential.
Airbnb bans model customer for life but won’t detail why - The Boston Globe
Airbnb has banned a "model customer" for life without providing a reason. Hosts should be aware that even seemingly ideal guests can be banned, and they should review Airbnb's terms of service and trust and safety guidelines.