Real Estate Forums

1. Forums
2. Investing in a Vacation Rental Property
3. Taxes
4. Sitka ordinance requires short-term rentals to be primary residences

Maureen Salahshoor Denver, CO

October 22, 2022

A new law in Sitka, Alaska, will require owners to live in a property at least half the year in order to get a license to operate as a short-term rental in the city. The measure is a response to concerns about the effect of vacation rentals on Sitka’s tight housing market, with the aim of discouraging short-term rental operators from outside the community.

The number of permitted short-term rentals in Sitka has almost doubled since 2017. The Alaska Department of Labor has named Sitka as the city with the second-highest number of vacation rentals in the state as well as the city with the highest vacancy rate for long-term rentals in Alaska.

Under the new ordinance, short-term rentals are defined as any property rented for fewer than 30 days. Units that can be used as a short-term rental on an owner’s property include single-family homes, mobile or manufactured home, or non-owner-occupied units within a two-family or multi-family unit.

More:  http://avlr.tax/eBeL50Lino0