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Business License

A general local registration to operate a business, sometimes required in addition to a dedicated STR permit. Its requirement and fee vary by jurisdiction.

A business license is a general registration that lets you legally operate a business in a city or county. For a short-term rental it is often a separate layer from the STR permit itself and from occupancy tax registration, so holding one does not mean you hold the others.

Whether a business license is required at all, and what it costs, varies by jurisdiction, and the requirement can come from the city, the county, or both. Check each level that applies to your property rather than assuming one filing covers everything.

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Related terms: STR Permit , Occupancy Tax (Transient Occupancy Tax)

Last updated . Part of the FinExplained finance glossary .