Updates to the new tax regulations in San Antonio, TX

[Jeremy R.]

Hello hosts! Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.
TLDR version: if you switch to default tax settings, you'll be responsible for remitting ONLY the 1.75% county tax out of the payout. If you switch to or stay with the custom tax settings, you'll need to update the amount of tax collected to 7.75% because the 9% city tax will be collected and remitted by law to the city on your behalf, but  the 6% state and 1.75% county tax will be collected and sent to you to remit to the state and via Avenu to the county. If you have questions, feel free to reach out here or on IG @yhamllc

Stats: Local co-host/manager of 21 STRs in San Antonio with Your Home Away Management. Look us up on Google!