States can't fight Airbnb, so they're trying to tax it
 

States can't fight Airbnb, so they're trying to tax it
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Most cities and states have accepted they won't be able to get rid of Airbnb — though **t for lack of trying. **w that the home-sharing site is here to stay, a few states are at least trying to make some money off of it.*

SEE ALSO: Airbnb's biggest threat yet could be a bill targeting New York landlords


New Jersey is the latest state to try to impose taxes on Airbnb, which is **t subject to the same taxes and fees as hotels and motels. In the Garden State, members of the assembly want to extend the 7 percent sales tax and 5 percent transient accommodation fee long in place at hotels to "short-term rentals rented through a transient space marketplace," aka Airbnb. The summertime legislative push comes during peak vacation rental season for the Jersey shore.* Read more...

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