Uncover the financial opportunities awaiting local governments in South Carolina through short-term rentals (STR), with the potential to yield over $156.9 million in tax revenue. As of November 2022, South Carolina had 61,418 short-term rentals, providing a platform to generate at least $112.1 million in state sales tax revenue and an additional $44.8 million in state accommodation tax revenue.
Download this infographic for a comprehensive breakdown of South Carolina’s STR tax revenue estimates, and an analysis of how much revenue your local government can recover from STRs in the community.
Key Topics:
- Analyzing short-term rentals in South Carolina
- Calculating potential revenue
- Tracking South Carolina short-term rental tax flow