2 ms·
.. you're renting out part of your property, it is either a hotel/motel, or it is a rental arrangement. Either the occupants should be protected by tenancy law
by olliej 3y ago
.. you're renting out part of your property, it is either a hotel/motel, or it is a rental arrangement.
Either the occupants should be protected by tenancy laws, e.g. you don't get to evict them, you must do all the stuff that comes with being a landlord/lady and ensure the space conforms to the legal requirements for such. Or it's a hotel/motel, in which case the same applies, but for the hotel/motel regulations.
You can't do what airbnb hosts do which is to pick and choose what laws apply based on convenience to them. If you have paying occupants of your property there are only two options: hotel guest (e.g. you're subject to hotel regulations) or they're a tenant, there is no such thing as a quantum occupant.
Also if you are basing your rental/hotel fees on market price, you should obviously being paying taxes (property and income) based on those market values. Why would you not be?