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Each week, we’ll be sharing the latest news on STR regulation from around the country to inform your search for the next best property. Here are this week’s highlights:
A Few Things to Keep an Eye on…
Short-term rental regulations has proven to be a highly contentious topic for municipalities and states around the country. Many governments are starting to take notice of the potential for financial gain in the STR market through occupancy taxes and permitting fees. Check out this week's updates from Missouri, Massachusetts, South Carolina, and Utah. Always make sure to look into compliance needs once you are up and running!
But Wait! There’s Good News…
While many places have introduced potentially burdensome legislation, the debate is still fierce, and many communities are investing time into figuring out how to best engage with the market. Check out news from North Carolina, Nevada, and Texas and see what some places are doing in response to all the action.
Want More?
Montana lawmakers consider legislation on short-term rentals. Philly considers whether to tighten or ease Airbnb regulations. Commissioners vote to not reinstate short-term rental moratorium. Florida: Eliminating HOME rule may limit local municipalities' control. Airbnb is alerting hosts of subpoenas from the city of Philadelphia - here’s what’s going on. Short-Term Rental registrations could begin in July; rules will be finalized after April 3 public hearing. Saugatuck, MI has created a short-term rental task force, but residents are wary. Gilford, New Hampshire voters show strong support for short-term rental regulation. Short-term rental bill rejected by house panel in Arkansas.
We know how hard it is to keep track of state, county, and city regulations, especially given how often these guidelines change. Keyturn can help you navigate the entire investment process from sourcing to purchasing and managing. Subscribe to our newsletter here to learn more and receive weekly updates on new STR regulations and market trends.