I was doing some research and apparently SLC doesn't allow STR although I've traveled there several times and have stayed in Airbnb properties. Does anyone in the forum have Airbnb listing there or can tell me more about how the restrictions work? Curious to know because I might want to purchase a second home there whilst offering it on Airbnb for STR.
Also, if anyone knows any investor friendly agents in the area please reach out! Specifically if they have knowledges about STRs and have one themselves! Thank you!
Realtor · Provo, UT · Member since 2020 · 374 posts · 270 votes
4y
SLC has banned STR's. However, the state of Utah has passed legislation saying that a listing on Airbnb is not sufficient evidence that a property is an STR. I have never seen this regulation enforced by SLC personally.
I have heard from others that the city can take action when a neighbor complains. Typically noise or parking issues.
Realtor · UT · Member since 2022 · 63 posts · 42 votes
4y
I am helping a client navigate this right now actually. It is sticky because SLC has banned it but they have not regulated STR's yet. There are some loopholes, one being that you can file for an exemption if it is a multi-family residence. A lot of people still do STR's even though it is not allowed so I would assume SLC will eventually try and regulate with a certain number of permits.