Short Term Rental Moratorium

Short Term Rental Moratorium

 

Short Term Rental Moratorium

Many council members were in favor of the short term rental moratorium, as a way to give metro council time to see what recommendations will come from the Zoning Board next week in consideration of STR ordinance changes. Others were not in favor of the moratorium as it is taking away a mechanism for individual STR operators to become complaint with the laws and the timing being abrupt to many who are currently in the permitting (CUP) process. Additionally, there was concern for the message a YES vote would send to zoning and to the community because it could be inferred that council was against STRs, which is not the case.

Nevertheless, a relentless group of 12 individuals remained in the council chambers until the vote was complete. They held signs showing their opposition to the moratorium and gently providing answers to questions bill supporters were unable to address. It was an emotional evening. The vote did not occurr until 1 AM, following a 2.5-hour debate.

Why is this important?

The most interesting events of the evening were when one of the three bill sponsors (David James, Council President, District 6 – Old Louisville) reversed his position and voted AGAINST the very bill he supported.

This vote is notable as this is the first time metro council has met to debate the STR topic since the ordinance was first passed 3 years ago by the same body. The zoning board is expected to vote on their suggested ordinance changes next week, and submit to metro council for review shortly after the first of the year.

For information on how to register your short-term rental property with Louisville Metro government, click here

Here were the vote total from Friday Morning: Vote

DistrictPartyLast nameFirst NameSTRs in DistrictVOTE
1DGreenJessica0YES
2DShanklinBarbara0No Vote
3DWoolridgeMary2YES
4DSexton-SmithBarbara24YES
5DBryant*Cheri1NO
6DJamesDavid53NO
7RLeet*Angela2NO
8DCoanBrandon56YES
9DHollanderBill27YES
10DMilvihillPat17YES
11RKramerKevin0NO
12DBlackwellRick0YES
13DAubrey Welch*Vicki0YES
14DFowlerCindi0NO
15DButler*Marianne9YES
16RReedScott3NO
17RStuckel*Glen2NO
18RParkerMarilyn0NO
19RDenton*Julie1NO
20RBensonStuart0NO
21DLanshimaVitalis4YES
22REngelRobin0NO
23RPedenJames0NO
24DFloodMadonna0YES
25DYatesDavid1No Vote
26DAckersonBrent1NO

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Louisville Short Term Rental Registration

Louisville Short Term Rental Registration

Registering your short-term rental property is a two (2) step process. 

 STEP 1 – Register Your Business with Metro Revenue Commission 

1) Register with the Louisville Metro Revenue Commission. This will provide you with a necessary identification number for filing. If you report self-employment tax in Louisville you may already have this number. You may call the Revenue Commission at (502) 574-4860 to obtain an existing number. 

Otherwise, follow these instructions to create a new number. 

  1. Go to: https://louisvilleky.gov/government/revenue-commission
  2. Select E-mints (new online tax portal)
  3. Select “register a new business”
  4. You will register as a single member sole proprietorship using your SSN
  5. The business start date is the date your CUP was approved or the date you plan to receive your first guest.
  6. Follow the prompts from there to complete. 

Once you have your Metro Revenue Commission number, you will need to complete the short-term rental registration process. It is best to print and complete the application, and mail it in with a check for $25. This will need to be completed annually. Louisville Metro may not send reminders, so please mark your calendar. 

 

STEP 2 – Register Your Short-Term Rental with the City 

To register with the city, please follow the link below:
https://louisvilleky.gov/government/planning-design/planning-and-design-applications

  • Scroll to “Miscellaneous”
  • Select “Short-term Rental Annual Registration Form”
  • Complete, sign, and mail with a check for $25

 

ONGOING – Monthly Reporting and Taxes

Once registered, you will need to complete a submit this form monthly

Instruction for completing TR1M-S can be found here

Taxes are collected and remitted by Airbnb, but the property owner is responsible is responsible for remitting taxes on all rentals under 30 days in length rented through a source other than Airbnb. Key Source Properties can complete this process for you monthly for $20 per month. 

More information about short-term rental reporting and financial responsibilities can be found here.

 

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