Miami-Adde, Florida homeowners frequently renting stays to Airbnb customers risk losing their homestead exemptions.
The Miami Herald reports this is the latest example of the popular “home sharing” service dividing the county’s political establishment.
A one-page flier prepared by the office of Property Appraiser Pedro Garcia carried the headline “Homestead Exemption Fraud and Airbnb” and warns that Miami-Dade property owners utilizing the property-tax discount may be violating the law if they also rent to Airbnb travelers.
Chris Lehane, the company’s head of global policy, said Airbnb’s model serves as a complement to the homestead exemption, since both lower the cost of homeownership.
Information from: The Miami Herald, http://www.herald.com