THE CAP In January 2021 the El Dorado County Board of Supervisors voted to put a CAP in place for vacation rental permits. The CAP they set was 900, and we had approximately 740 current permits at the time. Over the next few months, with a very hot real estate…
VACATION RENTALS
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With all the recent changes being made to rules for short term rentals (vacation rentals) around Lake Tahoe, many clients have been asking us what investment options might still be available.
UPDATE 2/20/2021 On 2/19/2021 the Douglas County, NV County Commissioners voted to halt all VHR permits in the Tahoe Township (area of county located in Tahoe). This halt is set to last until a future meeting, potentially being lifted on March 3rd. The county commissioners have been discussing making changes…
Lake Tahoe is a prime Vacation destination for people around the world. More and more vacationers are using Vacation Home Rentals (VHR’s) instead of staying in hotels and motels. Demand for VHRs is expected to continue to increase. Want to know what areas are best for VHRs? What characteristics make…
Rules and regulations for Vacation Home Rentals (VHRs) are different in every jurisdiction around Lake Tahoe. The strictest rules are found in South Lake Tahoe. Most areas have rules that cover how transient occupancy taxes (TOT) is collected and delivered to the jurisdiction. Some areas have rules for occupants and…
The City of South Lake Tahoe, CA and the area outside the City limits in El Dorado County have some of the most strict rules for VHRs in Lake Tahoe. But there are still opportunities for vacation rentals in South Lake Tahoe. You just have to know what the rules…
Where are the best Vacation Rental areas in Lake Tahoe on the Nevada side? As you may know, Lake Tahoe is divided by the CA and NV state line. The California side has the majority of built out communities. However the Nevada side offers some very unique spots that are…
Purchase in the County versus the City All owners of vacation home rentals in South Lake Tahoe, that are rented for a period of 30 consecutive days or less, are required to apply for a Vacation Home Rental Permit from the local jurisdiction. There are multiple jurisdictions in the basin. Today we…
Interested in a Lake Tahoe Investment? Many of the homes that you come across in the South Lake Tahoe area are owned by a private party and rented as a vacation home. As a result there has been a long debate in the town as to how many vacation rental homes vs.…