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Updated about 2 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Alex Petrov
  • Real Estate Agent
  • Washington, DC
3
Votes |
8
Posts

Short term rental in apartment building

Alex Petrov
  • Real Estate Agent
  • Washington, DC
Posted

Hello,

I have a 10-unit apartment building in Washington, DC, currently with long-term tenants.

I am considering converting the whole building to a short-term rental business model overtime in the next 2-3 years. By short-term rental business model, I mean no on-site staff, no food offerings, no daily housekeeping, and listed on the common short-term rental platforms. 
The building has a basic business license for a Bed and Breakfast. Because of the type of license, the building is not a rent-controlled building. 
Will the Bed and Breakfast license allow me to run the whole building with the short-term rental business model or this may be seen by the regulators as an avoidance of the short-term regulations and create issues?


I will appreciate any comments!

Thank you!

Most Popular Reply

User Stats

93
Posts
54
Votes
Derick Bonsu
  • Investor
  • Washington, DC
54
Votes |
93
Posts
Derick Bonsu
  • Investor
  • Washington, DC
Replied
Quote from @Alex Petrov:

Hello,

I have a 10-unit apartment building in Washington, DC, currently with long-term tenants.

I am considering converting the whole building to a short-term rental business model overtime in the next 2-3 years. By short-term rental business model, I mean no on-site staff, no food offerings, no daily housekeeping, and listed on the common short-term rental platforms. 
The building has a basic business license for a Bed and Breakfast. Because of the type of license, the building is not a rent-controlled building. 
Will the Bed and Breakfast license allow me to run the whole building with the short-term rental business model or this may be seen by the regulators as an avoidance of the short-term regulations and create issues?


I will appreciate any comments!

Thank you!

 I'm only familiar with DC's rules on primary homes but it does sound like you're trying to combine a hotel with a primary home Airbnb without following the rules for either. I'll definitely be interested in what you learn. Out of curiosity what part of the city is this building in?  

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