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So what really is short term rental, 30 days or 7 days?
I keep hearing an average of 7 days or less on podcasts, but when I search online, multiple sites state 30 days or less and I also looked at my city law and they consider short term as 30 days or less. So what really is it? What's a STR in your area? Fyi, I am in Virginia.
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Bruce Woodruff
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It is generally considered to be less than 30 days. Usually weeks and weekend vacationers.
There is also the fact to consider that after 29 days (or less in some states), the guest now becomes a tenant and acquires tenant rights...which in states like CA/NY/NJ/Etc, can spell big trouble for the new landlord (the recent Host)