Rental Property  

 

Light
(@Light)
Advanced Member
Joined: 3 years ago
Posts: 43
November 17, 2019 3:09 pm  

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!

 


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Scubadoo
(@Scubadoo)
Trusted Member
Joined: 5 years ago
Posts: 2259
November 17, 2019 11:52 pm  

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.


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