2023 New Mexico STR Economic Impact Study

2023 New Mexico STR Economic Impact Study

Tourism and hospitality have become vital components of New Mexico’s economy in recent years, particularly short-term rentals. In 2023 alone, they contributed over $1.01 billion to the state’s economy, generating income for more than 17,000 New Mexican...
Santa Fe County Tax Reclassification

Santa Fe County Tax Reclassification

The New Mexico Short-Term Rental Association is advocating against Santa Fe County’s effort to change the tax classification of short-term rentals from residential to non-residential. Should this occur, STR owners will lose the 3% residential cap, and your properties...
City of Santa Fe: Deadline for 2024 Permits April 15

City of Santa Fe: Deadline for 2024 Permits April 15

The City of Santa Fe STR permit deadline is Monday, April 15, at 5 p.m.  All STR permits in the City of Santa Fe expire on Jan. 31 each year. If you do not file for your permit renewal, your permit will expire and no longer be valid. New this year: If your...