Do I need to collect taxes for my Short-Term Rental?
Yes, the City requires hosts collect and remit Transient Occupancy Taxes (TOT) for all short-term rentals. TOT is 12% (10% City, 2% for MCBIDTA). Airbnb will directly remit the taxes to the city. All other rental site (i.e. VRBO or Turn key ) you will have to remit the tax payment yourself. There is a … Continued