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Updated over 3 years ago,
Airbnb investing in Boston?
I'm considering becoming an Airbnb host in Boston, and it seems to be extremely profitable. However, the city has several regulations restricting short term rentals, and I want to make sure I fully understand the laws before I invest anything.
My understanding is that you can't rent a property (that is not your primary residence) short term for more than 90 days/year, UNLESS:
- You get a lodging house license: https://www.cityofboston.gov/images_documents/Lodg...
- The property is inspected
- The property is registered as a short term rental
- Boston/MA short term rental and excise taxes are paid
My main questions are:
- Am I eligible to get a lodging house license even if I am only renting at 1 bed apartment to 1 person at a time? Or do I need 4+ units to be eligible?
- Is it easy to get the lodging house license? Is there any chance of being denied even if all the paperwork is filed correctly?
- Am I missing anything?
Also if any of you have experience with Airbnb and would like to connect, I'd love to meet for a coffee sometime!