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Rental Property

(@Light)
Posts: 51
Trusted Member
Topic starter
 

Is there anyone on here that can give feedback about owning property on STX for short term rentals? Particularly condos listed on Airbnb etc. 

Thanks!

 

 
Posted : November 17, 2019 3:09 pm
(@Scubadoo)
Posts: 2437
Noble Member
 

What do you want to know?  Other than that you have to have a business license to do short term rentals, collect the hotel tax and submit to VIBIR.  Although I think Air BNB is now collecting and submitting the hotel tax.  Don't ask me how that works.  And pay gross receipts tax if you are over the monthly income threshold.

 
Posted : November 17, 2019 11:52 pm
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