We started our Airb&b the end of October. My friend who also has an Airb&b did not say I needed a business license. Hers is in Cosby and ours is in Sevierville County. I want to do what’s right so as not to get penalized. Also I’m thinking I need to charge an extra tax as well on my room rentals?

Hey @Mary Sikes . Gratz on your place! Here is a post on the forum that talks about it. I am sure the Julie McCoy or the Carl's will chime in with info.

https://www.biggerpockets.com/...

It varies by location. Call your local code enforcement office. They should be able to tell you exactly what you need to be in compliance. 

Hey @Mary Sikes one of the Carl’s here. Contact mylodgetax.com they will get your business license for you and pay your taxes for a small fee. Highly recommend. 

Listen to him ^^^.  He's the Ayatollah of Rock n Rollah.

Paul Sandhu - The Hugh Hefner of Working Mans STRs

@Mary Sikes I second what @Lucas Carl said - business licenses etc. in Sevierville are easy to obtain, but the number of taxes and the frequency they are remitted can be complicated.  Look up Avalara MyLodgeTax - they'll get the license for you, and remit your taxes for you for a small fee.  100% worth it in my opinion.  

Great info!   Thanks 

Thanks everyone for the help. I will contact my lodge tax.com

A third for Avalara MyLodgeTax!