It’s no secret that a vast majority of properties in Truckee and Lake Tahoe are second homes, with property owners renting out their properties on booking sites like Vacasa and AirBnB as short-term rentals. According to the Mountain Housing Council White Paper (March 2019) concerning Truckee’s STRs, of 13,368 homes in Truckee, 52% are second homes, and almost 13% are rented out short-term (less than 30 consecutive days).
I’ve had many parties express interest in renting out their Tahoe vacation home as an STR, either for extra income, or to help pay for their vacation property. Perhaps you are one of them! If so, there are new Lake Tahoe STR rules you need to know about.
In response to local pressure to update STR policies, the Town of Truckee and Placer County revised their short-term rental guidelines and requirements for 2021. Placer County and Truckee have similar STR ordinance rules which I’ve listed out below. Permitting and fees are slightly different.
Placer County STR Permitting and Fees
Additionally, a quarterly TOT tax is required with rates depending on the location of your rental. The “North Lake Tahoe Area, Eastern Slope” TOT rate is 10% while the “Western Slope” is 8%. Squaw Valley and Alpine Meadows properties are required to pay an additional 1% on their assessment. To find out which area your current or future property lies click here.
Find all Placer County STR information here.
Truckee STR Permitting and Fees
The total Transient Occupancy Tax for Truckee is 13.25% which includes a 12% TOT (raised from 10% when voters passed local Measure K) and a Tourism Fee (TTBID) of 1.25% (a decrease from the prior 2%).
STR Ordinance for Truckee + Placer County: A Snapshot
- NOISE: Quiet hours are from 10pm-7am.
- ACCESS TO INFORMATION: Rentals must have a contact person’s phone number, evacuation information, occupancy limits, trash disposal and parking requirements, and violations fines posted.
- PARKING: Rentals must have parking available on-site or a plan for off-site parking.
- TRASH: Trash accumulation is prohibited. After October 31, 2021, Truckee rentals must have a bear box and two-bin garbage service.
- CONTACT PERSON: A 24/7 helpline and local contact person must be available for conflict resolution.
- FIRE SAFETY: Rentals are required to have a fire safety self-certification in addition to possible Truckee Fire District Inspections every three years.
- FINES: Homeowners can be fined up to $500 a day for the first violation and up to $1,000 per day for subsequent violations. Certificates may also be revoked for continued non-compliance.
Outdoor Fires: Charcoal grills, wood-burning pits, bonfires and campfires are prohibited.
- SPECIAL EVENTS: Large events are prohibited in Truckee unless they comply with all STR requirements. In Placer County, homeowners must submit a county permit.
- ADS: In all STR advertisements, homeowners are required to include the registration certification number, max number of occupancy and parking spaces.
North Lake Tahoe STR Resources
Need Help Managing Tahoe STR Logistics?
With four packages available and a robust website packed full of helpful information, ManageHome is a valuable resource for every Tahoe homeowner who has an STR. Learn more about ManageHome here.
If you’re in the market for a new Lake Tahoe home, get in touch! I’d love to help you understand the area, various neighborhoods, and current market. Reach out now.