Field Guide to Short-Term Rental Restrictions
(Updated April 2017)
According to the 2016 NAR Investment and Vacation Home Buyers Survey, most respondents purchased a vacation property for personal use, but, of investment buyers, 50% purchased with the intent of renting to others. Renting out a vacation home can offset the costs of this investment until retirement. But what happens when a community acts to restrict short-term rentals? (S. Hogan, Manager, Library & Archives)
E - EBSCO articles available for NAR members only. Password can be found on the EBSCO Access Information page.
Short-Term Rental Conundrum
A Grander Vision for Short-Term Rentals, (REALTOR® Magazine, Mar. 2017).
How Airbnb Is Spurring Innovation In Luxury Travel, (Time, Mar. 28, 2017).
The Airbnb Factor, (REALTOR® Magazine, Jan. 2016)
The Next Property Rights Frontier, (REALTOR® AE, Oct. 20, 2015)
How Airbnb Combats Middle Class Income Stagnation, (Gene Sperling for AirBNB, Jun. 2015)
Do Airbnb-style short-term rentals destroy neighborhoods — or save them?, (Uptown Messenger, Jan. 15, 2015)
The Basics of Legal Short-Term Rentals, (Curbed Chicago, Apr. 5, 2013).
Win, Lose, Compromise
Chattanooga may establish special district for short-term vacation rentals, (Times Free Press, Mar. 29, 2017).
Short-term rental rule-breaker? Doral is cracking down, (Miami Herald, Mar. 28, 2017).
Inside New Orleans short-term rental applications, (The New Orleans Advocate, Mar. 24, 2017).
How To Save Airbnb From Local Governments, (Forbes Opinion, Feb. 1, 2017).
Airbnb Is Crashing the Neighborhood, (REALTOR® Magazine, Dec. 2015)
Articles, Surveys & More From NAR
2016 NAR Investment and Vacation Home Buyers Survey, (National Association of REALTORS®, 2016).
Residential Rentals: The Housing Market, Regulations, and Property Rights, (Robinson & Cole LLP, prepared for the National Association of REALTORS®, Oct. 14, 2015).
Websites & Other Resources
Learn About the Short-Term Rental Industry
Short Term Rental Advocacy Center — The Short Term Rental Advocacy Center (STRAC) was created by Airbnb, HomeAway, TripAdvisor, and FlipKey to engage with policymakers on behalf of community members. STRAC has several local chapters across the U.S., and educates communities on short term rental best practices and ways to get involved.
Protect Vacation Rentals — A collection of articles posted by "professionals against the legislation banning short-term rentals in New York City". See this site for articles, legislation, and more with a New York focus.
Community from HomeAway — HomeAway (www.homeaway.com) connects travelers with short-term rental properties, and Community from HomeAway is a member-driven site with topic forums, resources, groups, and blogs for both travelers and property managers.
Locate Short-Term Rental Listings
Rentmix.com — aggregates vacation and short-term rental listings from several sources (AirBnB, HomeAway, and FlipKey) and shows listings on a full-screen map. For a bit more information on Rentmix.com, see this AGBeat article.
Sales Tax Formulas for Vacation Rentals, Community from HomeAway
Sales Tax Requirements for Vacation Rental Homes, Community from HomeAway
State Sales Tax Offices, Community from HomeAway
* Please check with local government in your rental property area for information on permits, taxation, and regulations.
The following eBooks and digital audiobooks are available to NAR members:
How a Second Home Can Be Your Best Investment (Adobe eReader)
The Real Estate Investor's Tax Strategy Guide (Adobe eReader, Kindle)
Buying a Second Home: Income, Getaway or Retirement (Adobe eReader)
Complete Guide to Investing in Rental Properties (Adobe eReader)
How a Second Home Can be Your Best Investment (Adobe eReader)
How to Succeed and Make Money with Your First Rental House (Kindle, Adobe eReader)
Leases & Rental Agreements (Adobe eReader)
Second Homes for Dummies® (Kindle, Adobe eReader)
The Unofficial Guide to Managing Rental Property (Adobe eReader)
Field Guides & More
These Field Guides and other resources in the Virtual Library may also be of interest:
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The inclusion of links on this field guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this field guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.