Jake
Well-known member
- Oct 30, 2023
- 402
- 108
This is interesting, for those of you who are operating or considering short-term rentals of Airbnbs in San Antonio, you may want to check out the changes proposed by their local city council. The council has considered an increase to the permit fee for short-term rentals, which currently stands at $100 for up to three years.
This is due to them wanting stronger enforcement of their existing regulations, as the city has struggled with permitting these rentals as of late. There are approximately 1,200-1,500 short-term rental properties operating without any permits, which has lead to a compliance rate of around 70%. The city is losing revenue due to this, on top of unpaid local taxes and the lack of permits. This in turn hurts tourism, arts, and culture programs.
Since the ordinance was approved back in 2018, San Antonio has collected about $14.4 million in hotel occupancy taxes. These proposed changes are aimed to address such issues and improve compliance.
For more in regards to this, you can read the full article here.
This is due to them wanting stronger enforcement of their existing regulations, as the city has struggled with permitting these rentals as of late. There are approximately 1,200-1,500 short-term rental properties operating without any permits, which has lead to a compliance rate of around 70%. The city is losing revenue due to this, on top of unpaid local taxes and the lack of permits. This in turn hurts tourism, arts, and culture programs.
Since the ordinance was approved back in 2018, San Antonio has collected about $14.4 million in hotel occupancy taxes. These proposed changes are aimed to address such issues and improve compliance.
For more in regards to this, you can read the full article here.
- Location
- United States