Quote:
Originally Posted by tophcfa
The reality is that the subject at hand is a grey area. Unfortunately, laws defining a rental property business are outdated and were written when AIRBnB’s didn’t exist. The laws never contemplated owners of residential properties advertising through an app on the internet to rent rooms in their homes by the night to transient tenants. In the world I have lived in for a long time, when a party charges an unrelated third party a fee to sleep in a bed with a roof over their head, they are running a business. And the IRS agrees with that opinion. Rental income from AIRBnB’s is considered taxable income. The deed restrictions in the district we live in clearly state two things. The homes are limited to single family residential usage, and businesses aren’t allowed be run out of the homes. In my opinion, homeowners renting long term to a single family, who are not concurrently living in the home, are definitely not violating those restrictions. On the other hand, homeowners who rent out rooms by the day to unrelated third parties, are definitely violating both deed restrictions.
The reality is that at the end of the day, deed restrictions are completely worthless unless they are enforced. The deed restrictions in question fall under the definition on internal deed restrictions, which are enforced at the discretion of the developer. The other deed restrictions, which are considered external, are required to be enforced by the CDD’s. So a resident can put a little white cross in their garden, which won’t disrupt the quality of life in the neighborhood, but will result in daily fines because it’s an external restriction. But if a different neighbor is running a turnstile daily rental out of their home, that totally disrespects and distrusts the neighborhood, they are good to go because the developer has chosen to look the other way.
Clearly, something in this equation simply doesn’t add up.
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Go read them again, and don't stop in the middle of the sentence, read it to the end.
Like it or not, in most of the Villages short term rentals are not prohibited.
If you feel differently, exercise your rights (responsibility, actually) under the enforcement clause of the deed restrictions you signed and take the offenders to court. If you fail to do that, if you fail to perform your responsibility under that clause, are you not violating the restrictions yourself?