March 31, 2016
If property owners who rent out homes and apartments on the popular home-sharing site Airbnb were to pay taxes as hotels do, the city of Los Angeles would collect an extra $41 million each year. That is one of the conclusions of a study commissioned by the American Hotel and Lodging Assn., the trade group for the country‚Äôs hotel industry, which has pushed for greater regulation of Airbnb and other home-sharing sites….
Source: http://www.latimes.com/business/la-fi-airbnb-los-angeles-study-20160330-story.html