On Friday June 12, 2020 the city of Savannah city council came to an 8-1 decision to raise the hotel/motel tax from 6% to 8%. Under the legislation, short-term vacation rentals such as Airbnb and Vrbo would also be subject to the increased tax rate.
While the legislation still needs to get approved at the state level, there has been a lot of support behind this bill by legislators both around Chatham County and the city of Savannah.
This tax rate increase on short-term vacation rentals comes just weeks behind the news that unincorporated Chatham County would be required house owners to apply for a license to operate Airbnb and Vrbo properties.
It has been a rough year for short-term vacation rental owners with the pandemic and shelter in place requirements, and it is only getting tougher to use your house as a way to make extra income. If you are tired of dealing with constant regulation changes or perhaps you no longer want to host an Airbnb or Vrbo property, fill out the form below. We would be happy to make you an all-cash offer for your house around Savannah.