Short Term Rental, Long Term Benefits – Be Compliant
With inflation coming in hot in the last PCE report, the outlook for Fed cuts in the second half of 2024 is getting more bleak by the minute.
Rather than selling, homeowners are rethinking their money-making strategies and are entering the Short Term Rental market heading into the Summer. Homeowners need to know how to maximize profits and exactly what they need to do to comply with local regulations.
Pam Knudsen, senior director of compliance at Avalara MyLodgeTax discusses how owners can to set themselves up for success using AirBnB and other Short Term Rental market platforms with an actionable list of best practices.
About Pam Knudsen
Pam Knudsen is Senior Director of Compliance at Avalara MyLodgeTax, leading the Lodging tax team and Returns Experience/Reconciliation team for Sales & Use. She serves as a leading voice in vacation rental tax compliance and regulation, in addition to bringing in-depth experience across software/SaaS technology as well as ERP systems. Pam joined Avalara in 2012.