Jason Hartman talks with Rob Stephens, co-founder of Avalara MyLodgeTax, about whether the short-term rental market is oversupplied and what the impact of institutional investors is doing to the marketplace as a whole. They also discuss some of the tax implications of running short-term rentals.
Key Takeaways:
[1:39] Is the short-term rental market oversupplied?
[5:07] How will short-term rentals hold up in the next economic downturn?
[9:26] What has the increased usage of short-term rentals done to the timeshare market?
[10:51] The way institutional investors are getting involved in short-term rentals
[15:42] Tax compliance
[18:57] How much do room/tourism/hotel taxes differ across the country?
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