Short-term rental operators could face licensing fee in Albuquerque | KOB 4
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Short-term rental operators could face licensing fee in Albuquerque

Hawker Vanguard
Updated: January 23, 2020 07:26 PM
Created: January 23, 2020 05:05 PM

ALBUQUERQUE, N.M. – Operators of short-term rentals like Airbnb or Vrbo could be facing a hefty licensing fee from the City of Albuquerque. The proposed permit is $250 per unit per year, on top of a lodging tax.

Rental property operator Austin Wolff was caught off guard by the dollar amount and said it could add up quickly.

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“I think the City of Albuquerque is just looking for a little bit more money than they're already receiving,” he said. “For me that's $1500 per year.”

The City of Albuquerque created a task force for short term rentals in 2019. By June, they published a report with their findings and recommendations, but after seven months, the city council has yet to make a decision. Rental operators just want clarity.

“I don’t know if I can invest the money back into my business and make sure I keep these experiences as nice as they currently are,” Wolff said. “Without the option to stay someplace that’s not a hotel, people aren’t going to see the great things Albuquerque has to offer.”

While Albuquerque is proposing a flat rate, some states, like Connecticut charge operators a 15% tax on each transaction.

City Councilor Diane Gibson her office will have a "Short Term Rental ordinance" prepared and ready for the city council to address in the spring.


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