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Governor Murphy Signs Legislation Easing Taxation on Shore Rentals
08/9/2019
Bill Exempts Certain Rental Transactions from Taxes on Occupancy Charges
TRENTON – Governor Phil Murphy today signed legislation (A-4814) amending the transient accommodations law enacted last summer to provide relief for many shore renters by narrowing the scope of rentals that are subject to taxation.
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The amendment limits the scope of transient accommodations that are considered taxable under the law (P.L.2018, c.49) passed last year to apply only to rentals of professionally managed units and rentals obtained through a transient space marketplace or travel agency, under certain circumstances. Under the amendment, rentals that a homeowner facilitates directly, such as through local newspaper ads, personal referrals, or signage, will not be subject to the tax if the homeowner is collecting the rental payment themselves.
Read Full Article: https://www.nj.gov/governor/news/news/562019/approved/20190809a.shtml?fbclid=IwAR0yJLTkoroHdruX_0eIzNWyCnlETV3flkfO6cmoW9f1WWtAnk73kumXTA0
Note on AirBnB and VRBO/Homeaway Fees
Your Mom always told you: NOTHING IS FOR FREE. This includes AirBnB and VRBO/Homeaway.
See the attached article (link below), which outlines some of the “hidden” fees from these sites, which really give you nothing in return. Try booking with the owner (Us) directly, and save on all of these fees. And, please feel confident in our many 5 Star reviews, and our lengthy rental history since 2011.
Bus Service – NYC to LBI
I have not taken this new bus service, NYC to LBI, but it’s worth investigating:
Forgot your Book? Feel Free to Borrow from our Library
Forgot your Book? Feel free to borrow from our Library. Many Genres to choose from:
