It s not exactly legal. The practice of using spare room in private residences as vacation rentals h

You re making money off your rental property, but how do you feel about your tenants doing the same? Offering airline flightsto australia up some spare room as a vacation rental has been a trend on the rise as owners and tenants look to earn extra income, and getting your home listed has become really easy thanks to accommodations sites like Airbnb or HomeAway that simplify the listing and booking process.
Hosting some visiting friends on the couch for the weekend is a different story than housing paying strangers each weekend, however. A Brooklyn tenant who was doing exactly this had a restraining order placed on him by his landlord who was actually also renting out apartments on Airbnb. How do you feel about your units being used as a source of income for your tenants?
Include the rules in the lease. Due to the popularity of sites like Airbnb that encourage a sharing economy, landlords are getting smart, including clauses in the lease that either limits or restricts a tenant s activities providing these services. If you re not sure about the legality or insurance liability that situations like these could bring up, it s okay to clarify your stance on the lease. After all, it s common to place restrictions in the lease about subletting and limiting the number of roommates, so why not place rules on using your unit as a vacation rental?
It disrupts the housing market.  There s no question that the hotel and public housing sector are opposed to the vacation rental system it s cutting into their business. In cities like San Francisco and New York, where it s already hard enough to find a place to live, vacation rentals are causing problems. Instead of renting airline flightsto australia an apartment to long-term residents, landlords are instead choosing to use the space as tourist space because it earns them more money. Zoning laws aside, this is adding to the shortage of available rental housing stock.
It s not exactly legal. The practice of using spare room in private residences as vacation rentals has become such an accepted practice that many people don t realize it s not legal. The services bring into the question of having the necessary zoning and business licensing, and many cities including Airbnb s home, San Francisco are still trying to figure out the rules. A hotel tax was recently instated on Airbnb rentals as a result of a tax dispute, and the lack of accountability airline flightsto australia by temporary tenants has been causing problems. Whether or not you choose airline flightsto australia to allow your property to be used in the sharing economy, you should be aware of the laws and regulations in your city concerning the practice.
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