Officials Warn Miami's Airbnb Hosts: You May Risk Tax Fraud - NBC 6 South Florida

Officials Warn Miami's Airbnb Hosts: You May Risk Tax Fraud

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    Officials Warn Miami's Airbnb Hosts: You May Risk Tax Fraud
    NBC Bay Area
    File image of an Airbnb logo.

    Miami-Dade homeowners frequently renting stays to Airbnb customers risk losing their homestead exemptions.

    The Miami Herald reports this is the latest example of the popular ``home sharing'' service dividing the county's political establishment.

    A one-page flier prepared by the office of Property Appraiser Pedro Garcia carried the headline ``Homestead Exemption Fraud and Airbnb'' and warns that Miami-Dade property owners utilizing the property-tax discount may be violating the law if they also rent to Airbnb travelers.

    Chris Lehane, the company's head of global policy, said Airbnb's model serves as a complement to the homestead exemption, since both lower the cost of homeownership.

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