Short-term rentals through websites such as Airbnb and HomeAway are becoming very popular in Massachusetts. Many property owners find it appealing given the potentially high rental income, especially in areas close to or within Boston. Before converting a Massachusetts property to short-term … [Read more...]
Massachusetts Tax on Short-term Rental Housing
The popularity of short-term vacation rentals has increased dramatically over the years. Offering the convenience of home and lower pricing than hotels, short-term rental websites such as AirBnb are now the go-to for many travelers (particularly families and larger travel groups). Given that these … [Read more...]
Importance of Lease Agreements for MA Rental Properties
If you own a rental property in Massachusetts, you have the option to use a rental agreement, lease agreement, or no agreement at all. Rental agreements are typically on a month-to-month basis whereas lease agreements for MA rental properties are for a specific period of time. It is typically best … [Read more...]
Massachusetts State Sanitary Code for Rental Properties
There's a new State Sanitary Code for rental properties being proposed into law. If you own any rental properties, it is important to be aware of these changes. The state will not notify you directly of them, but you will be required to comply. Here's a quick overview of the new Massachusetts state … [Read more...]
Federal vs. MA Laws on Marijuana and Landlord Risks
As you may already know, Massachusetts voted to legalize recreational marijuana usage. We provided some helpful information on what residential landlords should know about legalized marijuana in a recent blog post. From a commercial landlord's perspective, the situation is a bit more complicated. … [Read more...]
