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

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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.

 

AIR BNB & VRBO SERVICE FEES

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