Governor Baker signed into law a new bill regulating and taxing short-term rentals. The timeline for implementation of the law will pose significant changes for Realtors conducting short-term rentals in 2019. Join Kenneth Smith from KAS Hospitality Consulting and Ryan Castle, President and CEO of the Cape and Islands Association of Realtors as they explain what this new short-term rental tax means. They will be answering questions such as:
- When does the law take effect?
- What do you need to collect taxes on?
- Where do you remit your taxes to?
- Who is required to carry insurance?
There will be ample time for networking and Q&A.
About the Speakers:
Kenneth Smith served as the Senior Vice President of the 7 Red Jacket Resorts located on Cape Cod and in North Conway, NH for the last 8 years. Mr. Smith has more than 30 years in the hospitality industry and has held senior management positions with Red Jacket Resorts for the last 18 years.
Ryan is the Chief Executive Officer of the Cape Cod & Islands Association of REALTORS® and the Cape Cod & Islands Multiple Listing Service. In this role, he is responsible for managing the two companies that serve as the ‘Voice for Real Estate on Cape Cod, Martha’s Vineyard and Nantucket”, provide member value to enhance the REALTOR® ability to represent their clients, and runs the technology and database system that facilitates the listing service of homes for sale by member firms.