The Massive Airbnb Tax in LA
Airbnb just spilled the beans on something pretty impressive: They’ve been playing tax superheroes for the past seven years, and the numbers are in: they’ve forked over a massive $275 million in Transient Occupancy Taxes (TOTs) to LA by June 2023. Oh, and get this, nearly $19.7 million of that came in just this year! […]
