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thenewgreen · 4061 days ago · link · · parent · post: I Bought An Apartment To Rent Out On Airbnb | Need/Want
Yeah, it's mostly a tax issue. I stay in a lot of hotels and I'm always amazed at the amount of "hospitality" taxes they levy. Each state in the US has different amounts and taxes too. Of course there are also regulatory issues; sanitation etc. that I as a consumer am not all together opposed to. If you have a business model that is essentially, I can own a hotel room and get a competitive advantage because I have little to no regulations and I don't have to pay the same taxes... well, that's not right.