2 ms·
AirBnB does pretty well on an IRS-flouting (and similar state-level authorities) business model.
by Evbn 14y ago
AirBnB does pretty well on an IRS-flouting (and similar state-level authorities) business model.
- billirvine 14y agoAirBnB doesn't have any IRS issues (at least not that I've heard of). Their problems stem from being an enabler within an industry that typically requires licensing... and doing so to rent properties for fewer than 30 days without permit (required in some areas). Yeah, the law seems preventative, but it's in place as a zoning issue to prevent a bed and breakfast from popping up in your mom's cul-de-sac. AirBnB is a good idea, running up against zoning laws that are also (generally) good ideas.