April 7, 2017
The New York State attorney general believes most Airbnb listings in New York are illegal. It is essential to consult a law and tax professional to help determine the liabilities of your Airbnb listing. Here are some guidelines to keep in mind before listing your space on the website and becoming an Airbnb host: The New York State Multiple Dwelling Law, which covers buildings with three or more units, prohibits transient rentals of fewer than 30 days at a time, unless the owner is present for the time a guest is renting…