Nashville’s Finance Department was struggling to collect accurate taxes from over 4,500 short-term vacation rentals (STRs) without an effective system to identify STR addresses and owners. Host Compliance enabled staff to identify STRs and educate hosts about local laws, encouraging them to pay taxes. Staff collected $2.8 million more in tax revenue from STRs in their first year of using the software.
- 5,700 Units Nashville has approximately 10 STR units per square mile.
- +90% Compliance Over 90% of Nashville’s STRs hold permits with the City.
- $2.8 Million The City increased tax collection in their first year.
- 10x ROI The increase in taxes pays for the software ten times over.