Is North Carolina a good place to open a short-term rental? Below are resources for regulations/guidelines, business license information, and local attractions to help start your research so you can answer that question.
*You’ll also want to conduct your own research to keep up with changing regulations or restrictions in your area and ensure you’re running a legal short-term rental.*
What draws tourists to North Carolina?
The Appalachian Mountains, Great Smoky Mountains National Park, hiking mountain trails, camping, fishing bring tourists to the state. Visiting the outer banks to enjoy the state parks and beaches is another attraction. North Carolina also has plenty of historical sites, museums, and breweries to check out.
North Carolina Short-Term Rental Market
North Carolina's Short-Term Rental Definition
The rental of residential property for vacation, leisure, or recreation purposes for fewer than 90 days by a person who has a place of permanent residence to which he or she intends to return. Based on North Carolina’s Vacation Rental Act (Chapter 42A).
State Requirements
North Carolina has established the North Carolina Vacation Rental Act that both defines and regulates short-term rentals in the state. At the state level, North Carolina has minimal regulations.
Do I Need to Register My Short-term rental?
Short-term rentals do not need to be registered or licensed at the state level but owners will need to register with the North Carolina Department of Revenue in order to collect and file the necessary taxes. Complete Form NC-BR, Business Registration Application.
Short-Term Rental Local Ordinances
Below are some of the popular locations that draw tourists to North Carolina. Each city or county may have their own short-term rental laws. Click on each to view the local ordinances.
North Carolina Attractions
This map displays some of the local attractions and activities that regularly draw visitors to North Carolina.
Take a look at the location of these attractions in relation to some of the popular cities and maybe even some smaller markets in close proximity. This can provide a good place to start with your market research and eventually carving out a niche for your short-term rental.
Considering North Carolina?
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Find Host Resources
Understanding the steps to get started, how to design the space for your target guests, creating a great guest experience are all important considerations. Visit our hosting hub for resources that can help you on your journey.
