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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 .
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
Short-term rentals are banned in certain parts of the city. [5] Barcelona: Vacation apartments are subject to the highest rate of property tax; platforms must share data with regulators. [6] [7] [8] Berlin: Short-term rentals require permission from authorities. Hosts can rent individual rooms with the condition that they live in most of the ...
An often-overlooked risk of booking vacation rentals on Vrbo, Airbnb, and other vacation rental websites: These platforms may not be legally compelled to ensure that claims made by hosts who rent ...
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I own the business and I rent out my house to the company for our retreat and the company pays me, the individual. Not only is it legal, it’s tax-free.” See Next: 6 Reasons Your Tax Refund ...
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