Hollywood, Florida, with its stunning beachfront, vibrant cultural scene, and proximity to major cities like Miami, is a prime destination for tourists and travelers. This popularity makes it an attractive market for Airbnb and other short-term rentals (STRs).
However, successfully operating an STR in Hollywood requires a thorough understanding of local regulations. This comprehensive guide outlines the key regulatory requirements and provides practical advice to help Airbnb hosts navigate the local rules, ensuring a compliant and profitable rental business.
Overview of Short-Term Rental Regulations in Hollywood, FL
The City of Hollywood has implemented a set of regulations designed to manage the growth of STRs while protecting the interests of both residents and visitors. These regulations help maintain the quality of neighborhoods and ensure that visitors have safe and enjoyable accommodations.
Licensing and Registration
- Vacation Rental License: All STR operators in Hollywood must obtain a Vacation Rental License. The process includes a detailed application, proof of property ownership or management rights, and a safety inspection of the property.
- Business Tax Receipt (BTR): In addition to the Vacation Rental License, hosts must apply for a Business Tax Receipt from the City of Hollywood. This is essentially a business license specific to the operation of an STR.
Tax Obligations
Airbnb hosts are required to collect and remit both state and local taxes on rental income:
- State Sales Tax: Currently, Florida imposes a 6% state sales tax on all rental income.
- Tourist Development Tax: Hollywood falls within Broward County, which requires the collection of a tourist development tax. This is additional to the state sales tax.
Hosts must register with the Florida Department of Revenue and the Broward County Revenue Collector to handle these tax obligations.
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Safety and Compliance Standards
- Property Inspections: To obtain a Vacation Rental License, the property must pass a safety inspection that checks for compliance with building codes, fire safety (including working smoke detectors and fire extinguishers), and general property maintenance.
- Insurance Requirements: STR operators are required to maintain adequate insurance coverage that includes liability coverage, protecting both the host and guests.
Operational Guidelines
- Noise Ordinances: Hollywood enforces strict noise ordinances, particularly from 11 PM to 7 AM. Hosts must ensure that their guests are aware of these rules and comply with them to avoid disturbances in residential areas.
- Parking Regulations: Adequate parking must be provided based on the size of the rental property. This is to ensure that STR operations do not impact the availability of parking for permanent residents.
- Waste Management: Proper trash disposal and recycling procedures must be followed. Hosts should provide clear instructions to guests regarding the handling of waste.
Steps to Ensure Compliance
To operate a compliant Airbnb in Hollywood, follow these essential steps:
- Apply for Licenses and Permits: Begin by applying for a Vacation Rental License and a Business Tax Receipt through the City of Hollywood’s official website.
- Register for Tax Collection: Ensure you are set up to collect and remit all required state and local taxes. Automating tax collection through Airbnb or other platforms can simplify this process.
- Prepare Your Property: Address any issues identified during the safety inspection and ensure your property is in compliance with all local regulations.
- Educate Your Guests: Provide guests with a house manual that includes neighborhood rules regarding noise, parking, and trash disposal. Clear communication can prevent most issues related to guest behavior.
- Stay Informed: Regulations can change, and staying informed about any updates to STR laws in Hollywood is crucial. Regularly check the city’s official communications or participate in local host forums.
Resources for Airbnb Hosts in Hollywood
- City of Hollywood Official Website: Provides detailed information on STR regulations, licensing procedures, and tax obligations.
- Florida Department of Revenue: Offers resources for tax registration and compliance.
- Broward County Revenue Collector: Information on local taxes specific to Hollywood and Broward County.
By understanding and adhering to these regulations, Airbnb hosts in Hollywood can ensure their operations not only provide a welcoming and safe experience for visitors but also respect and enhance the local community. Whether you are just starting out or looking to refine your existing operations, this guide serves as a valuable resource for navigating the intricacies of STR laws in Hollywood, FL.
