KustyTheKlown
Well-known member
airbnb insures hosts up to $1million for property damage. at least that was the deal when I used to be a host.
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I err on the side of thinking it's frustrating State of Vermont demands tax payments from someone who a handful of times per year decides to rent out a room in their own house, but I guess having one of the highest property tax rates in all of America just isn't enough.
And now you'll be privileged to be the only state in America to pay a $125 registration fee per year to Vermont to boot. It would be different if folks were renting a lot, say 100 days of the year on AirBnb, but for many people all they do is 3 or 4 weekends per year. I think it's excessively greedy to extract tax payments from them.
EDIT: But given Vermont now does so, you can be dang sure I'd be deducting direct rental expenses off my taxes. What's good for the goose is good for the gander if they want to be so very "technical" and "precise" about this.