Renting to immediate family members related by blood, adoption or marriage is considered to be a business and a license is required. If you are renting only to immediate family members (mothers and fathers, grandmothers and grandfathers, sons and daughters, grandsons and granddaughters, brothers and sisters, and husbands and wives) and the amount you receive … Continued
FAQ Topic: Tax Holiday Program - Residential Rental Properties
The business license tax for the rental of residential real estate is assessed per property, based on the ownership of the property. A separate business license is required for each separate rental property location. The business license tax assessment is made on a per unit basis and reflects the maximum number of rentable units making … Continued
Municipal Code Section 21-3 defines the business of rental of residential real estate as including every person who engages in the business of leasing, renting, subleasing, subletting, providing, exchanging or trading without loss of ownership or leasehold any residential property within the City for purposes of general residency.