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by startupcomment 5565 days ago
Airbnb has definitely tapped into a latent market, but I wonder how such "rentals" may square with terms in lease agreements or condo association provisions. States and / or municipalities may quickly try to capture taxes, as Zipcar has discovered, or they may try to prevent or regulate such "rentals" on the basis of licensing, public health and safety, or other laws or ordinances. I wonder if the typical renter is properly reporting the income to the appropriate tax authorities.