By Associated Press - Sunday, March 19, 2017

MIAMI (AP) - Miami-Dade homeowners frequently renting stays to Airbnb customers risk losing their homestead exemptions.

The Miami Herald reports (https://hrld.us/2mbEfRO) this is the latest example of the popular “home sharing” service dividing the county’s political establishment.

A one-page flier prepared by the office of Property Appraiser Pedro Garcia carried the headline “Homestead Exemption Fraud and Airbnb” and warns that Miami-Dade property owners utilizing the property-tax discount may be violating the law if they also rent to Airbnb travelers.

Chris Lehane, the company’s head of global policy, said Airbnb’s model serves as a complement to the homestead exemption, since both lower the cost of homeownership.

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Information from: The Miami Herald, https://www.herald.com

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