Midterm rental permitting

[Talat Solaiman]

I am about to close on a deal to do midterm rental. Just find out the city ordinance is required if you rent any unit for 180 days or less, then you need to pull a permit. Most places is usually 30 days or less. Any thought?

[Lateefah Mathews]

@Talat Solaiman Congrats on your upcoming closing! Assuming you are referencing the city of Atlanta, the STR and MTR rental regulations are complex and strict, but many adhere to them. It has been in effect since early 2022, requiring licensing for STRs and max 180-day listing periods.

If you want to avoid the lengthy process of securing permits and navigating ordinances, you can always opt for long-term rental for the first year. This should simplify your approach and help you avoid legal issues for failure to perform under the contract.

[Zachary Deal]

I recommend following @Lateefah Mathews advice assuming this is Atlanta. Regardless of where it is it is very important to adhere to local regulations. You are correct that a lot of municipalities only require STR permits if you rent less than 30 days, however every place is different.

[Mark Brown]

Quote from @Lateefah Mathews:

@Talat Solaiman Congrats on your upcoming closing! Assuming you are referencing the city of Atlanta, the STR and MTR rental regulations are complex and strict, but many adhere to them. It has been in effect since early 2022, requiring licensing for STRs and max 180-day listing periods.

If you want to avoid the lengthy process of securing permits and navigating ordinances, you can always opt for long-term rental for the first year. This should simplify your approach and help you avoid legal issues for failure to perform under the contract.

 Thanks for this! I am thinking about taking my home in Dekalb and making it a MTR. Seems to be a lot of hassle tbh. Not to mention I'd have to pay for utilities, etc.

[Bonnie Low]

Quote from @Talat Solaiman:

I am about to close on a deal to do midterm rental. Just find out the city ordinance is required if you rent any unit for 180 days or less, then you need to pull a permit. Most places is usually 30 days or less. Any thought?

 If it's required then you need to do it. If the City has put an ordinance in place they're going to enforce it 99% of the time. It may delay you a bit in getting it launched, but having to have a permit isn't necessarily a bad thing. It usually means there will be less competition.

[Matthew Walshe]

Hello, 

I am considering a medium term rental myself for a period of 60 days, and was hoping to develop a solid pitch for the homeowner to provide payment outside of the airbnb platform. Can someone share where in the Atlanta ordinance it refers to shart term rentals as 180 days or less? The only language I can find is as follows: "Short-term rental means an accommodation where, in exchange for compensation, a residential dwelling
unit is provided for lodging for a period of time not to exceed 30 consecutive days."

Does anyone have information on tax laws surrounding this? 

[Robin Smith]

Ask yourself this....if you don't have the required permits and something happens to your property, will your insurance cover your claim?