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Tough choices for rental owners. Multiple short-term rental owners in Santa Fe said, at the very least, they need more time to adjust to a change in the tax classification of their properties ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Short-term capital gains are taxed at the investor's ordinary income tax rate and are defined as investments held for a year or less before being sold. Long-term capital gains , on dispositions of assets held for more than one year, are taxed at a lower rate.
New York City's ban on most short-term rentals was supposed to make housing cheaper in the city. But one year in, it's still unclear if it's worked. In September 2023, ...
AirDNA researchers estimate that short-term rentals were responsible for only 1% to 4% of the increase in housing prices in recent years. Putting more STRs back onto the market won’t move the ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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