Miami Officials Warn Airbnb Hosts They May Be Guilty of Tax Fraud

Credit: skift.com

Airbnb

Homeowners in Miami Dade County, Florida are getting a scare from county officials about the tax consequences of using the home-sharing site. Pictured is Airbnb headquarters in San Francisco. Airbnb



Skift Take: A visit or call to an accountant or tax lawyer may be a wise thing to do for Airbnb hosts who are homeowners in Miami Dade County, Florida until local politicians get their act together.

— Dennis Schaal

Miami-Adde, Florida homeowners frequently renting stays to Airbnb customers risk losing their homestead exemptions.


The Miami Herald reports this is the latest example of the popular “home sharing” service dividing the county’s political establishment.


A one-page flier prepared by the office of Property Appraiser Pedro Garcia carried the headline “Homestead Exemption Fraud and Airbnb” and warns that Miami-Dade property owners utilizing the property-tax discount may be violating the law if they also rent to Airbnb travelers.


Chris Lehane, the company’s head of global policy, said Airbnb’s model serves as a complement to the homestead exemption, since both lower the cost of homeownership.


___


Information from: The Miami Herald, http://www.herald.com



This article was from The Associated Press and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to legal@newscred.com.



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