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Updated 4 months ago on . Most recent reply

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Collin Hays
#1 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
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Collin Hays
#1 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Replied

The biggest challenge is continued profitability.  Taxing authorities and the booking platforms are now getting half or more of the pie.  Property tax, occupancy tax, personal property tax, business tax, permit/inspection fees, higher than standard utility fees, ever-increasing fees by the platforms.  

Seems like once a month, someone figures out a new way to carve off a bit more of my investment for themselves.

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SMOKY MOUNTAIN FALLS INC.

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