airbnbnewjersey: Airbnb Jersey City
- 08/19/18 03:10 PM
Many people are taking advantage of the sharing economy and making money in ways unimaginable a few years ago. Airbnb launched in 2008 allowing homeowners, renters, property managers etc to offer a place to stay whether on a coach, to a mansion with 15 bedrooms. Globally, cities are implementing licensing requirements to limit the number of new rentals and monitor current Airbnb's. Jersey City reached an agreement with Airbnb that will generate $1 million in hotel tax revenue for the city each year. Mayor Steve Fulops agreement with Airbnb will automatically apply a 6 percent hotel tax to anyone who rents a (2 comments)