Tougher AirBnB regulations mean more tax revenue

There’s a new report from Granicus that says stronger regulations on short term rentals can mean increased tax revenue for local and state governments. More short term rental use means more tourism dollars. “A report released earlier this year from Florida Taxwatch estimated that unlicensed vacation rentals could lead the state to losing out on $1.8 million to $6.9 million in annual registration fees.”

Route Fifty | How tougher regulations on short-term rentals can boost revenue for state, local govs