3 ms·
You cannot profit legally from a sublet. Some leases may allow you to rent it out for the same amount monthly, or even partially, but you are never allowed to
by wdewind 15y ago
You cannot profit legally from a sublet. Some leases may allow you to rent it out for the same amount monthly, or even partially, but you are never allowed to charge more than you pay. AirBnB is actually pretty illegal in NYC, at least the way most people use it.
- rdouble 15y agoThat is not exactly true. If the apartment is not rent controlled there aren't restrictions on how much you can charge. However, you are supposed to do sublets above board with a real lease agreement and the landlord's knowledge.