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Originally Posted by retired
Are short term rentals through AirBnb and Verbo paying NH Rooms and Meals tax like they are required to by law? I know in the early days of short term rentals, they were not. Hotels collect the tax. They are at a disadvantage if homeowners are not collecting it. The state is missing a chunk of revenue if it doesn't pursue this.
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Quote:
Originally Posted by WinnisquamZ
Only if they were issued a permit from the city or town. Most fly under the radar, so the answer is no
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I can't speak about Laconia but I have a STR in Gilford and I use AIRBNB for rentals. They collect and pay the taxes and issue a 1099 to me each year. So, both NH Rooms and Meals tax gets paid and income tax gets paid on any profit.