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  • FHA loan limits to increase in most of U.S. in 2019

    The Federal Housing Administration announced its new loan limits for 2019, and it looks like most of the country will see an increase. These new loan limits will be effective for FHA loans assigned on or after January 1, 2019. Click the headline to see the new loan limits.

Items Tagged with 'airbnb'

ARTICLES

  • Airbnb settles with Aimco after being accused of allowing illegal short-term rentals

    Landlord claimed Airbnb was encouraging residents to violate their leases
    The legal battle between Airbnb and the Apartment Investment and Management Company over Aimco’s claims that Airbnb was encouraging residents to violate their leases by renting out their apartments on the short-term rental platform is now over. And everyone appears to be pleased.
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  • Airbnb is getting into the homebuilding business

    Will build homes designed for sharing
    There’s about to be a new homebuilder on the market, and it’s a name that you’re likely familiar with – Airbnb. Yes, the short-term rental platform, which to this point has specialized in helping people rent out their houses or apartments, is going to start building homes of its own, ones that are designed to be shared.
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  • Airbnb hires top Amazon exec as CFO as it moves toward IPO

    Dave Stephenson hired as chief financial officer
    Airbnb CEO Brian Chesky has said he plans to take the short-term rental company public before 2020, and now, the company has a new chief financial officer to help guide it through its initial public offering. Airbnb announced Monday that it is hiring Dave Stephenson away from Amazon to be its new CFO.
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  • Airbnb takes Boston to court over city’s “draconian” short-term rental rules

    Argues city’s laws violate Constitution, federal and state laws
    The city of Boston has new rules surrounding short-term rentals that are set to go into effect on Jan. 1, 2019. According to Airbnb, Boston’s short-term rental rules violate the Constitution, multiple federal laws, and Massachusetts state law. Airbnb also claims the city's rules threaten short-term rental sites with “draconian” punishments should they violate the city’s rules.
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  • Stay Alfred raises $47 million in Series B

    The short-term rental company has now raised a total of $62 million in funding
    Stay Alfred, a short-term rental company that operates out of multifamily properties, just raised $47 million in its Series B funding round. Chicago-based real estate tech fund, Nine Four Ventures, led the round.
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  • Airbnb petitions SEC for rule change to allow hosts to become shareholders

    Proposed change would allow gig economy workers to become part owners of gig-based companies
    Airbnb is asking the Securities and Exchange Commission for a rule change so its hosts can become part owners in the company, according to a report from CNBC’s Sara Salinas. The rule in question is Rule 701, an SEC rule governing equity awards of private companies. The changes proposed would allow “gig economy” workers to take up shares in the company.
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  • Airbnb sues New York City over new host data law

    Law could cut city’s Airbnb revenue in half
    Airbnb is suing New York City over a recently passed law that forces the company to reveal hosts’ data, saying this law violates users privacy rights. New York recently passed new legislation that is designed to target illegal short-term rental activity but is slated to slash Airbnb’s New York booking revenue in half. But now the short-term rental company is fighting back.
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  • Massachusetts approves short-term rental tax

    Airbnb and others on the cusp of receiving a 5.7% minimum tax on rental transactions in the state
    Massachusetts' legislature just approved a bill to tax and register all short-term rental activity in the state. Nationally, the temperature is rising in the short-term rental industry as more and more entities seek to regulate its growth.
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