Home Buying in Orange Beach>Question Details

bradford4089, Home Buyer in Orange Beach, AL

What is a 30 day rent restriction?

Asked by bradford4089, Orange Beach, AL Tue Dec 4, 2012

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This question was asked from this property: http://www.trulia.com/property/3080411926-28835-Perdido-Beac…

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The advantage of a 30-day rental verses something longer is that it is at that point it is considered a long-term instead of a short-term rental. Lodging taxes have to be collected on short-term rentals owned or managed by a business. However, lodging taxes are exempt from long-term leases. The savings in taxes can often cover the costs of several days lodging, making it more cost effective for the renter.

The reason I know this is because I used to run a B&B with my husband, at which we had to collect lodging taxes on any reservations lasting less than 30 days.
0 votes Thank Flag Link Tue Dec 4, 2012
We only have a 3 day rent restriction.
0 votes Thank Flag Link Tue Dec 4, 2012
A 30 day rent restriction means that all rentals must be a minimum of 30 days; no short term rentals allowed.
0 votes Thank Flag Link Tue Dec 4, 2012
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