Online platforms such as Airbnb, 9flats and Wimdu are booming. More and more Austrians are making their own apartments available to other guests. What do hosts need to bear in mind?

If you make your apartment available via rental platforms, you should consider the following points, among others:

Taxes: Taxes are also generally payable on short-term rentals. If you earn more than EUR 730.00 per year as a private landlord, you earn “income from self-employment”. The profit is taxable.

Local tax: A local tax (municipal tax) must always be paid for a stay in private accommodation for a fee, otherwise the landlord must expect penalties of around EUR 2,100.00 (Vienna).

WEG: Anyone who regularly makes their apartment available to guests generally needs the consent of the other apartment owners.

Tenancy law: Many tenancy agreements provide for a ban on subletting or the partial transfer of the apartment.

Insurance: Before you make your own four walls available to others, check your insurance policy. In the case of commercial use, household insurance does not apply. Standard household insurance covers glass breakage, fire, burglary and liability insurance, provided the damage is not caused by gross negligence or intent.

Liability insurance: Some damage, such as damage to pictures, crockery and televisions, is generally covered by the guest’s liability insurance. In this regard, it is advisable to ask the customer in advance whether they have household insurance (liability insurance) and to have them email you the policy. Extended household insurance is advisable for travelers. This covers minor damage during a stay of less than one month.

Inventory list: It is advisable to draw up an inventory list before each rental of the apartment, together with the date on which it was taken and various photos. To avoid any disputes, you should carry out an inspection of the apartment with the guest and record any existing damage.