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Short-term-rental group urges homestead tax relief for owner-occupied hosts
Summary
Julie Marks of the Vermont Short Term Rental Alliance told the committee that host-occupied vacation rentals generate substantial tourism tax revenue and urged removing a split property-tax classification so homesteaders who rent part of their home are taxed fully as homesteads.
Julie Marks, founder and executive director of the Vermont Short Term Rental Alliance, told the legislative committee on May 7 that short-term vacation rentals produce significant tax revenue and local jobs and urged lawmakers to change property-tax treatment for owner-occupied homes that host guests.
"Vacation rental activity is taxed higher than hotels at a minimum of 12% at the meals and rooms tax rate," Marks said, and she cited the industry estimate that those rentals translate to "roughly between 50 and…
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