Under pressure to address housing shortages in vacation towns, Democratic lawmakers in several states proposed bills this year that would raise taxes on short-term rentals or use the tax code to nudge short-term rental owners to take on long-term tenants.
Legislators in states such as Colorado, Hawaii and Washington are eyeing tax tweaks as they try to balance the tourism-boosting benefits of short-term rentals with the costs to resort communities, such as increased emergency calls and pressure on limited local housing stock.
Already a subscriber? Sign in