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Cape Cod Short Term Rental
Any folks out there have a short term rental in or near Cape Cod?
We have one in the Smokies but have family up in Boston. Curious about the pros and cons of an STR in that type of seasonal market.
Any advice or intel is much appreciated!
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At this point, there really aren’t any restrictions for rentals here on the cape. The Cape has a long history of vacation rentals / STRs since way before the internet or Airbnb/VRBO. It is somewhat the way of life in this area. The towns already have the mechanisms in place to capture revenue from rentals with occupancy/excise taxes and there is the added Cape Cod & islands Water Protection Fund excise tax of 2.75%.
Keep in mind that different towns have different registration policies and fees but even the highest registration fees aren’t over a couple hundred dollars per year.
I hope this helps and I’m happy to answer any other questions you may have or dive deeper.