Tax content

The basics of lodging taxes for property managers of short-term rentals

Managing short-term rentals is a lot of work — which is why short-term rental operators seek out property managers to take care of it for them in the first place. Among all the other tasks that property managers provide, handling taxes for their clients has become even more important in recent years. Not only are more state and local governments taxing short-term rentals, but they’re becoming more aggressive in enforcing tax regulations.

Software help for managing your Airbnb

Managing a successful short-term rental requires hosts to wear many hats — entrepreneur, concierge, accountant, tax expert, reservations agent, staff manager, designer, web master, and more. It’s a lot to take on, especially for short-term rental hosts with busy bookings or more than one property. Luckily, busy hosts can get technological help with many of the tasks associated with running a short-term rental. Here are some features to look for when considering short-term rental software.

Understanding how Airbnb tax collection happens (or doesn’t)

Operating a short-term vacation rental means, in many places, that you also need to collect tax on the cost of that rental and pass it on to tax authorities — just like hotels do. With the rapid growth of the short-term rental industry over the past 10 years, governments are realizing the revenue potential in this area and increasingly looking for ways to make sure they capture as much of that tax money as they can.

State sales tax websites: The good, the bad and the ugly - Avalara

When you’re a small business dealing with sales tax, you probably don’t have a tax expert on staff to tell you what you need to do to comply. It’s up to you to figure out the correct procedures for registration, filing, and paying taxes, not to mention making sure you are collecting sales tax in the right states and charging the right rates. And because every state has different rules, you have to do that for each and every state where you have sales. (Written on behalf of Scott Peterson, Vice President of U.S. Tax Policy and Government Relations for Avalara.)