Did you know that there are over 58,000 short-term rentals in New York, with 20,846 (36%) of those in New York City? With proper short-term rental compliance, local governments can generate a staggering $275 million through sales tax collection and licensing fees.
Download this report for a breakdown of New York’s short-term rental (STR) tax revenue estimates, and an analysis of how much revenue local governments can recover from STRs in their community.
- Analyzing short-term rentals in New York
- Calculating potential revenue
- Tracking New York’s short-term rental tax flow