Taxation, Zoning & Licensing for Short-Term Residential Rentals
Speakers: Michael Fink, Marisa Waxman, Eleanor Sharpe
In 2015, with the Pope and tons of visitors heading to town, Philadelphia became the largest city in North America to legalize short-term residential rentals (such as ones listed on AirBnB, HomeAway.com, and through other booking agents). With changes to the city’s zoning and tax code, a system was put into place that addressed the interests of property owners renting spare rooms and entire units, the guests they hosted, neighbors and traditional hotel operators. An interdisciplinary group worked together to ensure local legislation matched the reality of activity already occurring and the needs of the community. This session will cover the challenges faced and policy options considered, plus a comparison to other cities and counties across the United States.