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You are here: Home / News / Downtown Vacation Rentals: Many Delinquent on Hotel Taxes
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Downtown Vacation Rentals: Many Delinquent on Hotel Taxes

towers staff February 24, 2011 Comment

There are more than 200 Austin vacation rentals currently listed in Austin including units in major downtown Austin condo projects. According to the City, any unit that is rented for fewer than 30 consecutive days and more than $2 / day (Really! $2 / day!) must charge and pay the full hotel tax. Currently, the hotel tax is a very significant 15% composed of two portions: 6% to the state and 9% to the city. On a $2,000 weekly rental, that is a $300 tax bill.A recent investigation, however, shows that the tax is widely ignored. In a very tight . . .

 

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