Airbnb

Redding Airbnb

Airbnb Delivers $2.1 Million in Tax Revenue Kentucky in First Year of Agreement

FRANKFORT, KY — Airbnb, the world’s leading community driven hospitality company, announced today that it remitted over $2.1 million in home sharing tax revenue on behalf of its Kentucky hosts in the first year of its tax agreement with the state, greatly exceeding initial projections. In September 2017, Airbnb and the Kentucky Department of Revenue announced a historic tax agreement, allowing the home sharing platform to automatically collect the 6% state sales tax and the 1% state transient room tax on behalf of its host community and remit the revenue directly to the commonwealth. That agreement took effect October 1, 2017, infusing a new revenue stream for the…


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Airbnb Delivers $700,000 to Kentucky in First 6 Months of Tax Agreement

FRANKFORT, KY – Airbnb, the world’s leading community driven hospitality company, announced that it collected and remitted over $700,000 in revenue to the Commonwealth of Kentucky in the first six months of its historic tax agreement. In September 2017, Airbnb and the Kentucky Department of Revenue announced a tax agreement authorizing the company to collect and remit the state sales tax (6%) and the state transient room tax (1%) on behalf of its Kentucky hosts. That agreement took effect on October 1, 2017. The September announcement noted that based on the state sales tax alone, if Airbnb bookings to Kentucky were to replicate that of the previous 12 months,…


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LouisvilleKY and Airbnb announce tax agreement

Story from Louisvilleky.gov Louisville, Ky., – Louisville Metro and Airbnb have announced the finalization of an agreement that will allow the company to collect and remit taxes on behalf of its hosts in Louisville and Jefferson County. Effective April 1, Airbnb will automatically collect and remit the Louisville Transient Room Tax (8.5%) for taxable bookings. The agreement allows Louisville to fully benefit from people visiting and staying longer through home sharing. Collecting and remitting hotel taxes can be complicated, as the rules were designed for traditional hospitality providers and large hotel corporations with teams of lawyers and accountants. That’s why…


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Local Attorney Says J-town Airbnb Law is Fatally Flawed

Since receiving a visit for Jeffersontown Code Enforcement Officer Kim Weber on Nov. 30, informing me that using my house as a short-term rental was a violation of Jeffersontown law, I’ve been asking city officials to show me the law in question. Neither Mayor Bill Dieruf, city clerk Bill Fox or anyone on the Planning and Zoning Committee has provided a satisfactory answer. Next I consulted with Steve Emery, a partner in the firm of Howell and Emery PLLC in LaGrange. I provided him with the specific sections of the code to review. His response: “How is leasing a short…


Redding Airbnb

Despite Evidence, Misinformed Jeffersontown Committee Unmoved on Airbnb Issue

Planning and Zoning Committee takes no action to allow Short-Term Rentals On Tuesday, I attended the Planning and Zoning Meeting of the Jeffersontown City Council. The only agenda item was short-term rentals. It was lightly attended, but there were a handful of residents who came prepared to express their opposition to legalizing short-term rentals. This committee has the authority to make changes to the law, but it appears to me no member of the committee is interested in learning FACTS about the issue. Instead, they listened as Norm Meyer of Plainview rambled on about how wrong it was for WAVE-TV…


Redding Airbnb

Airbnb Announces $22.9 Million Economic Impact for Louisville

This info comes from Airbnb, which is on a lot of people’s minds this time of year.  LOUISVILLE – Airbnb today announced that Airbnb guests infused a $22.9 million economic impact for Louisville in 2016. Over 1,500 Louisville residents actively list their home or a room on the Airbnb platform. In 2016, those hosts earned $6.6 million in supplemental income while welcoming over 48,000 guests to the city. Additionally, those guests contributed $16.3 million to the local merchant community through spending at restaurants, shops and more. This is based on a recent comprehensive survey of Airbnb guests, which determined that…


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Not a Problem — Metro Council Should Pass on Home Sharing Regulations

by John “Hans” Gilderbloom and Rick Redding A group of home-sharing opponents recently engineered an unwarranted attack on the ability of many Louisville homeowners to rent portions of their homes to out-of-town guests.  These attacks threaten income streams of more than a thousand middle-class homeowners who have joined millions around the globe in offering their unique spaces to visitors. The Metropolitan Housing Coalition and others have presented information not supported by research, and sought to block and/or put up roadblocks to home sharing homeowners. In fact, home sharing can lead to better and more affordable housing options. Home sharing is as tied…


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LouisvilleKY’s THE WEEK: Statue’s Limitations, Suddenbreakingnews, Jokes and Parties

As John Asher might tell you, it’s just eight days until the 142nd Run for the Roses, and we’ve already begun to celebrate. Here’s what’s worth paying attention to. Kentucky Name Drops: Exaggerator. Suddenbreakingnews. Nyquist. Creator. Mohaymen. To have some proper Derby conversations, learn that these are names of horses who will likely be in the Derby. 20 will start. Nyquist is the undefeated favorite. Buy a Racing form, or ask anyone for their opinion, if you want to know more. And listen to my interview with John Asher on the Rusty Satellite Show. No Joke – the Mark and…


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LouisvilleKY’s THE WEEK: Candidates Declare, Mayor, GLI, More Politics and the Va Va Vixens

We emerged from the latest meteorological over-hype with our roads clear and a new forecast of a record high of 70 for Groundhog Day. My highlights this week included the Greater Louisville Inc. annual meeting at the Palace, the Ballotin Blues party at Meta, Peter and the Starcatchers (see picture) at Actors Theatre, and all this: The Future’s So Bright: Did you listen to WFPK’s 20-day series looking back at its two decades as the region’s coolest music station? It was cool, and made me look back at my Business First archives to see my 1998 story about the Public…


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Metro Council Approves New Regulations for Short Term Rentals in Metro Louisville Ky

  Louisville –By a vote of 20 to 6, The Louisville Metro Council has approved a new set of regulations to permit the growing online industry of short-term rentals within Metro Louisville.  Hosting platforms such as Airbnb, HomeAway, VRBO and FlipKey are used by a growing number of homeowners seeking to rent out anything from an extra room to an entire house. The short-term rental ordinance passed after the work of the Council’s Public Safety Committee.  Members began to review the need for regulation after Metro Codes and Regulations cited residents for renting their homes.  At the time, there were…