Tax Warrior Chronicles

NJ’s ‘Airbnb Tax’ Updated to Help Owners

Posted on Tue, Aug 13, 2019

By: Ashley Menders

 

Some property renters no longer need to fret about New Jersey’s ‘Airbnb Tax’ while soaking up the sun at the Jersey Shore anymore! Since New Jersey implemented its new tax that impacted all short-term rentals last October, Governor Phil Murphy has signed a bipartisan bill to undo part of this major ‘Airbnb Tax.’ Here’s who is no longer affected…

 

As mentioned in our previous blog detailing the ‘Airbnb Tax’ that adds a huge 11.6% tax on short-term rentals, this new bill takes a weight off many shore renters’ shoulders. Previously, this new tax was on any short-term rental of less than 90 days. The only exception was if the property was listed with a real estate agent

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