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Thu, July 02

SB 1490 heads to full Senate; would tax some rentals as commercial

There were 3.2 million visitors to Sedona in 2019, many staying in short-term rentals. SB 1490, approved Wednesday by the Senate Finance Committee, would require that residential property used at least 90 days a year for short-term rentals be classified as commercial property. File photo

There were 3.2 million visitors to Sedona in 2019, many staying in short-term rentals. SB 1490, approved Wednesday by the Senate Finance Committee, would require that residential property used at least 90 days a year for short-term rentals be classified as commercial property. File photo

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