House bill would tax, regulate Airbnb, other rentals

BOSTON (AP) — A bill under consideration in Massachusetts would place taxes on short-term rentals, including those made available through online platforms such as Airbnb.

The legislation calls for a three-tiered state tax on short-term rentals, and gives cities and towns the option of imposing further excise taxes.

Renters would pay a 4 percent state tax if they stay in a home where no more than two rooms are being rented.

Short-term rentals made through a professional property manager or an investor host would be taxed at 5.7 percent and 8 percent respectively.

The bill would also create a state registry of short-term rental properties.

Members of the House Ways and Means Committee were being polled on the bill Monday and it could go before the full House later this week.

(Copyright (c) 2018 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)