Short advice from Tim Hubbard about legal differences when operating short-term rentals (Airbnb and similar platforms). The speaker emphasizes choosing listing type (whole property vs room) and—most importantly—checking local zoning and how rules can vary by property type (single-family, multi-family, condominiums) and even between neighboring properties.
Chapters
So if you're using Airbnb specifically, hopefully you've got your property listed on all the different platforms. But maybe we have the option to rent by a room, or we have the option to rent our whole property. This is going to make a difference. When it comes down to the laws around operating as a short term rental, we need to know the zoning where our property is located. Remember, zoning can change from one property to the next. Your next door neighbor could have different zoning than your property. Maybe one's zoned residential, maybe one is zoned, zoned commercial. And so we need to know this ahead of time. And some cities treat multi family buildings or condominiums different than they do single family homes. Even though the zoning might all be residential, the zoning might all be the same. But just because the type of property is different than your city, they might have different rules for you.