COVID-19 and New Legislation
Understand the important changes to the short-term rental property industry in Washington DC and how COVID-19 is accelerating timelines.
Key findings
Airbnb investors are facing a two headed problem. Airbnb can and has been lucrative in previous times however the landscape is changing. Are you ready to adapt? The new Airbnb legislation rolls out on June 24, 2020. This will affect all rentals that are 30 days or less.
- Your short-term rental must be your primary residence.
- You cannot be absent for more than 90 days of the year.
- Tenants prohibited from Airbnb. Listen for more information on how COVID-19 and new legislation should influence your property decisions.
