Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
|
||
|
||
So you want “THE BEST MONTHS” for yourself!! So no, it will not pay for itself. Remember you have 5000 other people looking to rent at the same time, “The off months”. Just something to think about, Don’t let people bull$hit you… If you don’t have the extra $$$$ to hold the house, Don’t do it…
|
|
#47
|
||
|
||
Quote:
AirBnb has lawsuits going against numerous cities & states and have been dumping millions into fighting against any regulation or attempt to make them collect taxes and insure advertised rentals, meet local ordinances. RIght now, their huge advantage, is the taxing authorities, can't afford to fight them. If the IRS opts to wade into the battle, that could change the dynamic. No one beats the IRS. As of right now, AirBnB vs the USA & State Zoning Regulations, is like Uber vs Taxi companies on steroids. We all know who won the Uber/Taxi battle. |
#48
|
||
|
||
FYI -Villagers north of 44 will likely tell you to buy a short-term rental south of 44 and vice-versa because everyone hates them for various reasons. If you must rent but want to keep your neighbors happy, 1yr leases are the only way to go.
|
#49
|
||
|
||
I would be worried that any local government at any time can ban short term rentals. It can happen in any of the cities TV is in, i.e. Leesburg.
It can happen on a whim. Coronado, California banned STR and the enforcement is tough. In TV, you know neighbors will report STR if they are banned. So be prepared to support the property without rentals. If you think it can’t happen or won’t happen? All it takes is one election. |
#50
|
||
|
||
Yep
Quote:
__________________
Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
#51
|
||
|
||
Quote:
|
#52
|
||
|
||
Quote:
Florida law prohibits cities & counties from banning STR's. There's zero chance of it happening in Leesburg or anywhere else, that didn't have the law on the books, prior to Florida adopting the original legislation in 2011. |
#53
|
||
|
||
Quote:
|
#54
|
||
|
||
Can’t Ban but Can Regulate
Quote:
I found this article interesting on a new AI approach to busting and fining those not compliant with laws. Those who tried to skirt laws will find it much more difficult if they aren’t registered and paying every dime in taxes. Isn’t technology grand… Here’s how AI can help find illegal short-term rentals in Central Florida
__________________
Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
#55
|
||
|
||
I am by no means an expert, but I would imagine that TV would be a very different place (and not necessarily better), if STRs got banned. What will that do to property values? Many snowbirds and snowflakes could either be forced to sell, or just choose to sell, and many of your future snowbird/flake buyers and investors would no longer be interested in buying. Not to mention all of the snowbird renters who would no longer be able to stay short term. There go your crowds, for better or worse, and the huge influx of money they bring to the area, and a ton of participants for all the activities, I imagine a lot of what makes TV such a vibrant and wonderful place. Maybe I am wrong but just saying IMHO, be careful what you wish for... it could have a huge unintended impact.
|
#56
|
||
|
||
Quote:
It's a battle that's going to play out over the next few years, but given how much money AirBnB has committed to the battle and how much their spending to elect friendly legislators, they have the upper hand, so far. |
#57
|
||
|
||
Quote:
|
#58
|
||
|
||
Quote:
2/1/24… Short-term vacation homes are closer to having new rules. The Florida Senate approved a proposal Thursday putting new regulations for vacation rentals. |
#59
|
||
|
||
Quote:
|
#60
|
||
|
||
Quote:
In the past, DeSantis has said he'll veto any such regulations. I'd be surprised if it makes to law, as Florida has such dependency on vacation rentals. |
Reply |
|
|