Marketplaces, like Airbnb, VRBO and Homeaway, are required to collect and remit the 11.625% taxes on rentals on behalf of accommodation owners as they handle the transactions and collect all monies for the rental before distributing the owners "cut" back to the owner.

Rentals through Houfy are exempt from the tax because renters book directly through owners.

New Jersey vacationers, particularly those who rent places at the Jersey Shore, will be spared taxes totaling 11.625% on short-term rentals if they make their arrangements with homeowners who rent themselves or through sites connecting vacationers and homeowners directly like Houfy.com

"Under the amendment, rentals that a homeowner facilitates directly, such as through local newspaper ads, personal referrals, or signage, will not be subject to the tax if the homeowner is collecting the rental payment themselves."

Please review the articles below & you might want to join Houfy!

NJ Shore Tax

GOVERNOR MURPHY SIGNS LEGISLATION EASING TAXATION ON SHORE RENTALS Bill Exempts Certain Rental Transactions from Taxes on Occupancy Charges TRENTON - Governor Phil Murphy today signed legislation (A4814) amending the transient accommodations law enacted last summer to provide relief for many shore renters by narrowing the scope of rentals that are subject to taxation.

http://www.njshoretax.com

Use this link to import your listing into the Houfy Network:

List Your Vacation Home, Apartment or Property on Houfy - Houfy.com

Aug 12, 2019 - Connect directly with your guests and clients. No sign up fees. No service fees. Attract more guests to your vacation home, apartment or property. Join the most innovative and community friendly company - Houfy - today!

https://www.houfy.com

Vacation Rentals, Homes, Condominiums & Apartments, for Rent & Sale - HOUFY

Houfy is an online market network that enables its users to advertise properties, discover accommodations or find real estate for sale, and share or connect with their clients as well as make new connections on its social platform.

https://www.houfy.com