LA Wants to Figure Out Rules for Airbnb Before Taxing it

The city council budget committee decided not to take any further steps toward setting up tax agreements with Airbnb and companies like it, and want the city to have a set of rules in place for the rentals before any taxes start rolling in. Why not? That’s what so many of LA’s neighbors have done. About two months ago, Santa Monica—predictably a very popular spot for short-term rental—passed super-strict rules that allowed only for genuine home-sharing, where the occupants rent out part of their house, like a room, a couch. (By that time, Airbnb had already dropped some of its biggest professional landlords from the site.) Malibu enforces existing laws they have for short-term rentals and is serious (like subpoena serious) about making people pay up. Read full article. 

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