Government

A Milestone in Airbnb's Awkward Relationship With New York

The company says it wants to work with the city to pay occupancy taxes.
Airbnb

The legal framework around renting an apartment in New York City on Airbnb has been, to put it mildly, ambiguous. The city has laws that address hotel occupancy, but your second bedroom isn't a hotel, right? Say you rent your home instead of owning it; does the landlord need to know that you're running a small income-generating gig out of (and off of) that property? And are you supposed to pay special taxes on that money?

Here is how Airbnb addresses some of these sticky questions on its FAQ: