Airbnb could be banned in Amsterdam

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Doesn't get the same press here, but the minister promised to go after all the illegals using not just his department, but the city and the ministry of revenue. Here it's only illegal if it is less then 30 days and there are over 2800 illegal properties around here and 4000 in the province.
 
Big city near me has tried to win this battle but they don't have the manpower to do so, at least that is what is claimed so the list continues to grow. Meanwhile they have the manpower to make sure the LEGAL places continue to stay within the laws..... Spare me!
 
On a side note, one of our guests this morning asked me about VR B O dot com. Asked if we had thought to advertise on it. I told them (in a very nice way) that most people looking on that site are looking for a place they rent the entire home. THEN I stated, you know 9/10's of these places are not licensed to rent out as a short term rental.
He said, yes that's what I thought but I sure like the idea.
 
copperhead said:
Big city near me has tried to win this battle but they don't have the manpower to do so, at least that is what is claimed so the list continues to grow. Meanwhile they have the manpower to make sure the LEGAL places continue to stay within the laws..... Spare me!.
Click to expand...
Exactly my complaint. We have lost a fifth of all the legal places already. Their income is dwindling and they don't know what to do about it... other than maybe do their job. Oh... no, it's easier to just complain about it than do something about it.
I'm surprised that the IRS has insisted that income forms be sent out, so they can track the income.
 
Eric Arthur Blair said:
copperhead said:
Big city near me has tried to win this battle but they don't have the manpower to do so, at least that is what is claimed so the list continues to grow. Meanwhile they have the manpower to make sure the LEGAL places continue to stay within the laws..... Spare me!.
Click to expand...
Exactly my complaint. We have lost a fifth of all the legal places already. Their income is dwindling and they don't know what to do about it... other than maybe do their job. Oh... no, it's easier to just complain about it than do something about it.
I'm surprised that the IRS has insisted that income forms be sent out, so they can track the income.
.
Click to expand...
The IRS is ramping up a requirement that Credit Card Processors send 1099-K forms (I think that's the correct designation) to all people/entitites receiving payments (with a copy to the IRS, of course). AirBnB, FlipKey, and the HomeAway juggernaut will likely get caught up in this (to the extent that they are now acting as middlemen and collecting the rent from the travellers on behalf of the home owners/property managers) and thus have to report all payments to homeowners to the IRS. This doesn't address licensing (which is handled by States and municipalities) and local tax collection issues, except to the extent that the States and the Feds might share information.
 
Harborfields said:
Eric Arthur Blair said:
copperhead said:
Big city near me has tried to win this battle but they don't have the manpower to do so, at least that is what is claimed so the list continues to grow. Meanwhile they have the manpower to make sure the LEGAL places continue to stay within the laws..... Spare me!.
Click to expand...
Exactly my complaint. We have lost a fifth of all the legal places already. Their income is dwindling and they don't know what to do about it... other than maybe do their job. Oh... no, it's easier to just complain about it than do something about it.
I'm surprised that the IRS has insisted that income forms be sent out, so they can track the income.
.
Click to expand...
The IRS is ramping up a requirement that Credit Card Processors send 1099-K forms (I think that's the correct designation) to all people/entitites receiving payments (with a copy to the IRS, of course). AirBnB, FlipKey, and the HomeAway juggernaut will likely get caught up in this (to the extent that they are now acting as middlemen and collecting the rent from the travellers on behalf of the home owners/property managers) and thus have to report all payments to homeowners to the IRS. This doesn't address licensing (which is handled by States and municipalities) and local tax collection issues, except to the extent that the States and the Feds might share information.
.
Click to expand...
Got mine Saturday.
 
Harborfields said:
Eric Arthur Blair said:
copperhead said:
Big city near me has tried to win this battle but they don't have the manpower to do so, at least that is what is claimed so the list continues to grow. Meanwhile they have the manpower to make sure the LEGAL places continue to stay within the laws..... Spare me!.
Click to expand...
Exactly my complaint. We have lost a fifth of all the legal places already. Their income is dwindling and they don't know what to do about it... other than maybe do their job. Oh... no, it's easier to just complain about it than do something about it.
I'm surprised that the IRS has insisted that income forms be sent out, so they can track the income.
.
Click to expand...
The IRS is ramping up a requirement that Credit Card Processors send 1099-K forms (I think that's the correct designation) to all people/entitites receiving payments (with a copy to the IRS, of course). AirBnB, FlipKey, and the HomeAway juggernaut will likely get caught up in this (to the extent that they are now acting as middlemen and collecting the rent from the travellers on behalf of the home owners/property managers) and thus have to report all payments to homeowners to the IRS. This doesn't address licensing (which is handled by States and municipalities) and local tax collection issues, except to the extent that the States and the Feds might share information.
.
Click to expand...
Around here, you would get a form for both federal and provincial. Seems hard to deny your illegal activity when you have you receive a tax form for your illegal activity.
 
copperhead said:
On a side note, one of our guests this morning asked me about VR B O dot com. Asked if we had thought to advertise on it. I told them (in a very nice way) that most people looking on that site are looking for a place they rent the entire home. THEN I stated, you know 9/10's of these places are not licensed to rent out as a short term rental.
He said, yes that's what I thought but I sure like the idea..
Click to expand...
We had a guest ask why don't we do LS? I explained the 50% discount and the 50% commission and I think they understood. I'm only saying this because it frequently seems that guests know how to run the biz better than we do. ;-)
 
Harborfields said:
Eric Arthur Blair said:
copperhead said:
Big city near me has tried to win this battle but they don't have the manpower to do so, at least that is what is claimed so the list continues to grow. Meanwhile they have the manpower to make sure the LEGAL places continue to stay within the laws..... Spare me!.
Click to expand...
Exactly my complaint. We have lost a fifth of all the legal places already. Their income is dwindling and they don't know what to do about it... other than maybe do their job. Oh... no, it's easier to just complain about it than do something about it.
I'm surprised that the IRS has insisted that income forms be sent out, so they can track the income.
.
Click to expand...
The IRS is ramping up a requirement that Credit Card Processors send 1099-K forms (I think that's the correct designation) to all people/entitites receiving payments (with a copy to the IRS, of course). AirBnB, FlipKey, and the HomeAway juggernaut will likely get caught up in this (to the extent that they are now acting as middlemen and collecting the rent from the travellers on behalf of the home owners/property managers) and thus have to report all payments to homeowners to the IRS. This doesn't address licensing (which is handled by States and municipalities) and local tax collection issues, except to the extent that the States and the Feds might share information.
.
Click to expand...
I think we have rec'd all of them at this point. And we have sent out all the ones we needed to as well. (1099's that is)
 
So ABC News this evening ran a piece on how to make some extra money in these hard times by re-decorating that empty room and renting it our via AirBnb and such -- no mention of checking on legalities!
 
Harborfields said:
So ABC News this evening ran a piece on how to make some extra money in these hard times by re-decorating that empty room and renting it our via AirBnb and such -- no mention of checking on legalities!.
Click to expand...
Harborfields said:
So ABC News this evening ran a piece on how to make some extra money in these hard times by re-decorating that empty room and renting it our via AirBnb and such -- no mention of checking on legalities!
Click to expand...
I saw this same story tonight too.
 
Harborfields said:
So ABC News this evening ran a piece on how to make some extra money in these hard times by re-decorating that empty room and renting it our via AirBnb and such -- no mention of checking on legalities!.
Click to expand...
i just saw it and was FURIOUS! they made it sound like all you do is spruce up a room, let air b n b take photos and start collecting the dough! Said you got make 12,000 a year! I never ever made that much!
I plan on posting a reply tomorrow!
 
Here's another article on the AirBnB situation in Amsterdam that is probably closer to the truth than the article linked in the opening post (which may have had issues due to being based on a possibly poor translations from a news story originally published in Dutch). http://www.pcworld.idg.com.au/article/452753/amsterdam_using_airbnb_listing_service_identify_illegal_rentals/
 
Harborfields said:
So ABC News this evening ran a piece on how to make some extra money in these hard times by re-decorating that empty room and renting it our via AirBnb and such -- no mention of checking on legalities!.
Click to expand...
One of these days, the IRS will come calling for their due.
 
How about this USAToday article...
http://www.usatoday.com/story/travel/hotels/2013/02/04/new-york-city-hotel-room-alternatives-apartment-rentals/1890617/
Which doesn't mention that it's illegal in most jurisdictions (New York City and Amsterdam are prosecuting, not to mention other places), that it plays right in to tax evasion and the black market, that people have gotten ripped off on putting in deposits only to find out that the apartment doesn't exist. Not being professionals, they cancel reservations when they get a better offer or need a room for a friend. Etc. Seriously... don't journalists have ANY responsibility to research properly?
 
Harborfields said:
So ABC News this evening ran a piece on how to make some extra money in these hard times by re-decorating that empty room and renting it our via AirBnb and such -- no mention of checking on legalities!.
Click to expand...
I sent feedback to ABC regarding this segment providing some facts but recommending that they contact Jay Karen of PAii (and provided #) to discuss this matter. Do the same and pass it on.
 
Nothing will shut them down quicker then the IRS going after the money. As how do you track expenses etc after the fact? Then penalties and interest. I bet it gets ugly fast.
 
I just saw a FB post from Jay, he is finalizing a response to ABC regarding the segment. Good. Hope ABC will do a follow-up giving some better advise.
 
copperhead said:
I just saw a FB post from Jay, he is finalizing a response to ABC regarding the segment. Good. Hope ABC will do a follow-up giving some better advise..
Click to expand...
That;s great. I dropped his name in my letter to them as well. I hope they do follow up
 

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