Huffington Post – Airbnb’s Opaque City Tax Schemes Are Facing Fresh Scrutiny

September 29, 2016
It may be tempting for some cash-strapped cities to cut deals with Airbnb. But residential property taxes are usually lower than levies on commercial spaces, meaning that, unless Airbnb starts effectively policing its platform, cities lose money on properties that now essentially function as hotels. “If these residential properties are being converted into hotels, there’s nothing that really compensates the city for that conversion,” said Murray Cox of Inside Airbnb. “For example, there should be higher property taxes on that property because it’s no longer residential.”…
Source: http://www.huffingtonpost.com/entry/airbnb-tax-deals-scrutiny_us_57ec2589e4b024a52d2c8871