Don't get in trouble! Be sure you have this for your SHORT TERM RENTAL in the Myrtle Beach area!

Do you know the requirements for having a short term rental here in the Myrtle Beach area? It is important to insure you stay in compliance so watch this quick video!
00:00 Short term rental requirement Myrtle Beach SC
00:15 Retail license for short term rentals
00:35 When do you need a retail license in SC?
00:54 Where do you get a retail license in SC?
01:04 How much is a retail license in SC?
01:16 Do you need a retail license if you have a property manager?
01:26 Do you need a separate retail license for EACH PROPERTY?
02:09 Quick tip on how to keep your STR in compliance
02:20 AVALARA - how it can help you
02:55 Do you want to buy a short term rental property in Myrtle Beach?

[@toluluv21]

Thank you, Tiffany!

[@HeredaTeam]

You are most welcome, thank you for watching!

[@denab.3414]

Do we need the retail license just for direct bookings or even if it all goes through airbnb?

[@HeredaTeam]

Thank you for the question. The city of Myrtle Beach required us to show proof of our retail license before they would issue the business license - even though we were renting through Airbnb which remits the taxes. However, North Myrtle Beach did not require us to get one in order to get the business license. Now that we are also booking direct and VRBO is making us remit our own taxes (if you use any system to manage your rentals outside of VRBO they wipe their hands clean of having to remit the taxes), we will need a retail license for all properties. SCDOR says "You must have a Retail License to file and pay Accommodations Tax if you rent out rooms or spaces in your own home, at hotels, campgrounds, boarding houses, mobile home parks, etc. This includes short term rentals which are sleeping accommodations furnished at any place in which rooms, lodgings, or sleeping accommodations of any kind, including a taxpayer's residence, are furnished to transients for less than 90 consecutive days." Here is a link to their site: dor.sc.gov/tax/accommodations - Hope this helps, let us know if you need anything else!

[@denab.3414]

Thank you for the detail. I'm city of MB and we start renting next month. I'd never have understood.