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Buncombe should tax trip leases the identical as common houses

ASHEVILLE – There may be “no authorized pathway” to worth Buncombe’s short-term leases reminiscent of Airbnbs and Vrbos otherwise than single household houses used as a main residence, in accordance with a presentation the county’s tax division will give to Board of Commissioners on Oct. 18 .

The presentation, set to be given partially by Tax Assessor Keith Miller, will cowl quite a lot of matters associated to the not too long ago concluded Advert Hoc Reappraisal Committee, a bunch organized in 2021 to find out the equitability of Buncombe County’s property evaluation course of.

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One of many matters this committee delivered to the fore was whether or not short-term leases, as a result of they generate income, needs to be taxed utilizing a special mechanism than that used on regular houses.

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