Advice for municipalities looking to regulate this thriving market
The short-term rental market is taking off across America. Big cities, small towns—treehouses, even.
Local governments should consider whether rules and regulations should be put into place to manage this industry—and bring in additional funds for the community through registration fees or transient occupancy taxes.
In many communities, laws simply have not kept up with this changing market development. This guide gives community leaders some food for thought when starting the ordinance development process for short-term rental.
Interested in learning all about short-term rental platforms, regulation, administration of transient occupancy taxes, and tax compliance technology? Visit Localgov's short-term rental guide.