We don't live in Atlanta but own two houses that are used for Airbnb. Here's the problem:
Under the new ordinance, which goes into effect September 1, 2021, hosts must get permits from the Department of Planning and Community Development and pay a $150 nonrefundable application fee. Owners and long-term tenants are eligible to get two permits total — one for a property that’s their primary address and one for another property.
We will have to either sell our properties or rent them with 1-year leases. To make matters worse, we are moving out of state and were planning to use a management company for the Airbnb business.
Does anyone have a solution?