Rent-by-owner units to be licensed for tax purposes

By scott miller

VAIL — Vail homeowners who rent their units to paying guests will soon have to buy a business license from the town. The Vail Town Council will soon debate an ordinance putting a handful of new requirements on rent-by-owner units. Those rentals have become popular in the last few years due to the success of websites including AirBnB and VRBO.com. In the summer of 2014, a group of Vail lodging managers asked the council to regulate those Internet rentals. The initial proposal called for regular inspections and imposed safety requirements. That proposal was quickly shot down by the council. Can’t …

Source:: Vail Daily Feed