Thinking about listing your home as a short term rental in Nevada County? If so, good news! The process to get approved is generally fairly straightforward. In this blog post, we’ll outline the steps you’ll need to take in order to get your property up and running as a short-term rental. Keep reading to learn more!
1. Go to the Nevada County website and fill out an application – You must apply for a Transient Occupancy Tax Certificate
If you are looking to run an airbnb in Nevada County, then you need to head on over to the Nevada County website and fill out an application for a Transient Occupancy Tax Certificate. This certificate is essential if you plan to rent a home, hotel room, cabin, or other accommodations in the county.
Read more about the Nevada County Transient Tax and Airbnb >>
2. Set up a system to send in your 10% Transient Occupancy Tax to Nevada County
Nevada County’s Transient Occupancy Tax offers an easy, secure way to file taxes as a hotel-related business. The 10% tax can be filed electronically with a few simple steps. To get started, all you need to do is register for an account online and verify your legal address in the county. Once your application is processed, you will have access to the County’s online filing system, where you can quickly calculate the amount due and complete your payment securely.
Pay your Nevada County Transient Occupancy Tax >>
3. Check any City specific Rules around short term rental property
As you consider investing in a short-term rental property, it is important to do your research and check any City specific rules about short-term rentals. Laws vary by city, so understanding the rules behind short-term rentals at the city level is important. Additionally, regulations often change over time so it’s important to stay on top of any adjustments to the local codes related to rental activity in order to remain properly compliant. Taking the time to understand applicable rules and regulations can help ensure that your investment is successful.
If your unit is within city limits here are some resources:
Nevada City – Nevada City, CA AirBnb Requirements Application for Nevada City Business License
Grass Valley – Grass Valley, CA AirBnb Requirements
Truckee – Truckee, CA AirBnb Requirements
Interested in purchasing a home for a short term rental or vacation home? To assist you in finding the ideal Short-Term Rental (STR) that aligns with your preferences, we kindly request you to share your purchase plans and preferences and complete our Short Term Rental Search Request Form. We will only send you properties that meet your investment goals!
The process of setting up your property for short-term rental might seem daunting at first, but rest assured, the Nevada County website, local city websites, and your friendly neighborhood real estate agents are here to provide all the support you need.
If you’re excited about turning your property into a potential goldmine, why not stay informed about the latest real estate trends, valuable tips, and local industry insights? Make sure to subscribe to our Your Partner in Real Estate Market Report. We compile it carefully every week to ensure that you always stay ahead of the curve in the real estate market in Nevada County, Placer County, El Dorado County, and Sierra Counties.
With the increasing demand for short-term rentals in Nevada County and the Sierra Foothills, there’s never been a better time to list your property. Ensuring you follow the proper steps to set up your tax submission system, and adhere to city-specific rules, you’ll be well on your way to reaping the rewards of your investment.
Remember, every journey starts with a single step and as your dedicated real estate partner, I’m here to help make your short-term rental journey as seamless and profitable as possible. Together, we can make the most out of the opportunities the Nevada County real estate market has to offer. Let’s get started!
Here are other articles that may help:
Tiny home rules and Regulations for Nevada County
All You Need to Know About Nevada County’s New Use Permit Requirements for Campgrounds, Yurts, and Glamping Type Units
Interested in getting started shopping. Fill out our Short Term Rental Search Request and we will only send you options that meet your investment needs. Looking to sell a short term rental in Nevada City, we can provide you a value for your asset, just fill out our Short Term Rental Valuation Request. We likely have a buyer in our database that will be interested.
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