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Ulster County wants to track down short-term rental tax scofflaws
Mid-Hudson News reports that in addition to taking rooms out of the long-term housing market, short term renters in Ulster County are not all great about paying their taxes. Ulster County Comptroller March Gallagher says they've been researching the number of local rentals and said, “We compare those against our registrations and low and behold, there is a significant number of properties – 948 non-compliant short-term rentals were identified. Eight-hundred and fifty-two of those had rented within the last year and 58 percent of those had rented within the last 60 days.” Airbnb has a system to collect room tax and remits it to the Ulster County government, but other short-term rental companies do not have similar systems in place. Gallagher estimates Ulster County lost between $65,000 and $1 million last year from missing rental taxes. So far the county has spent about $38,000 to begin to track that money down. Read more about this story at Mid-Hudson News.