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Tisbury considers eliminating a cap on short-term rentals - The Martha's Vineyard Times
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1 Articles
Tisbury considers eliminating a cap on short-term rentals - The Martha's Vineyard Times
Strapped for funds, Tisbury is considering eliminating a cap on how many nights a unit can be used as a short-term rental throughout the year in order to increase the returns with a new tax structure. On Feb. 10, the Tisbury Select Board raised the possibility of implementing a three percent community impact fee on short-term rentals as a way to generate revenue for the town, 30 percent of which would be reserved for the use of the town’s affor…
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