Los Angeles Airbnb Regulation and Statistics

Los Angeles has been viewed as the hub of glitz and glam for a number of years, thanks to the likes of luxurious destinations such as Hollywood, Beverly Hills and Rodeo Drive. The Californian county attracts millions of visitors every year.

In July 2019, the city authorities adopted a new ordinance (CF 14-1635-S2) with the next rules for Airbnb property owners:

• Owners wishing to rent out their home, or part of it, on Airbnb or other platforms are required to register with the City of Los Angeles and pay a fee of 89$ annually;
• Airbnb hosts are limited to one listing only, and it must be their primary residence;
• Owners are limited to renting their property for 120 days each year and they can apply for an “extended home-sharing” registration, which costs 850$ per year.

Fines for ignoring these rules

• 500$/day for listing a vacation rental without registering;
• 2 000$/day for listings beyond the 120-day cap;
• The rental platform itself can also be fined 1 000$ per day for enabling listings that aren’t compliant with L.A.’s rules.

Taxes

Transient Occupancy Tax (TOT). Tax rate in the City of Los Angeles is 14% and is applicable to all properties rented to transients.