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How much NJ residents earn off renting their homes on Airbnb

A home-sharing company is becoming more popular in New Jersey.

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WILDWOOD, NJ - AUGUST 26: People ride their bicycles on the boardwalk during a mandatory evacuation in preparation for Hurricane Irene August 26, 2011 in Wildwood, New Jersey. The Cape May Department of Emergency Management ordered the evacuation of all residents and visitors of Cape May County in anticipation of a direct hit by Hurricane Irene. (Photo by William Thomas Cain/Getty Images)
People riding their bicycles in Wildwood, New Jersey. (Photo by William Thomas Cain/Getty Images)
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How much are Airbnb rentals affecting NJ shore tourism?

Tourism industry employees and observers at the Jersey Shore are keeping a close eye on the rising popularity of online home-sharing services such as Airbnb, which currently don't adhere to the same sales and lodging taxes as hotels and motels.

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Popular Smart Phone Apps Of 2016
Carl Court/Getty Images
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Airbnb rentals in New Jersey may be taxed by next year

Home-sharing rentals may be taxed in New Jersey beginning next year, under a bill with the blessing of Airbnb that took another step through the Legislature.

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Kseniya Ragozina
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Let ’em rent! Airbnb is a good thing for the Jersey shore

Only in New Jersey do politicians look at a great boon to local economies with an eye toward higher taxes.

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Popular Smart Phone Apps Of 2016
Carl Court/Getty Images
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NJ lawmakers take step toward taxing Airbnb and home-sharing rentals

Airbnb says it's OK with collecting taxes on its short-term home-sharing rentals but is resisting a bill setting statewide regulatory standards.

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Pavel Losevsky/Thinkstock
Pavel Losevsky/Thinkstock
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See how much NJ residents earned through Airbnb

In 2016 alone, more than 6,000 New Jersey hosts rented out their home, or a room, to visitors through Airbnb.

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Category: New Jersey News Tags: ,
Pavel Losevsky/Thinkstock
Pavel Losevsky/Thinkstock
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More NJ towns getting rid of Airbnb and short-term rentals

The war rages on in North Jersey against short-term rentals made possible through companies such as Airbnb.

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FILE - In this April 19, 2016 file photo, Airbnb co-founder and CEO Brian Chesky speaks during an announcement in San Francisco. Airbnb on Thursday, Sept. 8 apologized for its slow response to accusations of racism and outlined new policies to combat the problem, including reducing the prominence of photos in the booking process. "We have been slow to address these problems, and for this I am sorry," said Chesky in a message published on the vacation rental website's blog. (AP Photo/Jeff Chiu, File)
FILE - In this April 19, 2016 file photo, Airbnb co-founder and CEO Brian Chesky speaks during an announcement in San Francisco. (AP Photo/Jeff Chiu, File)
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Airbnb apologizes for racism complaints, outlines changes

Airbnb on Thursday apologized for its slow response to accusations of racism and outlined new policies to combat the problem, including reducing the prominence of photos in the booking process.

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Category: Money & Business Tags:
SAN ANSELMO, CA - APRIL 21: The Airbnb app is displayed on a smartphone on April 21, 2014 in San Anselmo, California. Online home-rental marketplace Airbnb Inc. is about to receive more than $450 million in investments from a group led by private-equity firm TPG. The new investments will value the startup at $10 billion, significantly higher than some publicly traded hotel chains. (Photo Illustration by Justin Sullivan/Getty Images)
The Airbnb app is displayed on a smartphone on April 21, 2014 in San Anselmo, California. (Photo Illustration by Justin Sullivan/Getty Images)
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New Jersey looks to tax Airbnb, other online room rentals

Homeowners in New Jersey who offer short-term rentals through online sites such as Airbnb would have to pay the same taxes and fees as hotels and motels under a bill that's being introduced in the Assembly.

Democratic Assemblywomen Annette Quijano of Union County and Val

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LOS ANGELES, CA - JANUARY 12: Actress Gwyneth Paltrow attends Stella McCartney Autumn 2016 Presentation at Amoeba Music on January 12, 2016 in Los Angeles, California. (Photo by Frazer Harrison/Getty Images)
Gwyneth Paltrow attends Stella McCartney Autumn 2016 Presentation at Amoeba Music on January 12, 2016 in Los Angeles, California. (Photo by Frazer Harrison/Getty Images)
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Airbnb event to feature Gwyneth Paltrow, Ashton Kutcher

Gwyneth Paltrow, Ashton Kutcher and "Eat Pray Love" author Elizabeth Gilbert are scheduled to speak in November at a three-day event sponsored by Airbnb in Los Angeles.

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Category: Entertainment Tags:

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