Las Vegas Homeowner Fined $180,000 for Illegal Airbnb, Claims Tenant is to Blame

A real estate investor was fined $180,000 by the city of Las Vegas for running an illegal Airbnb, but claims his tenant is responsible for the violation.

AirbnbLas VegasReal EstateShort Term RentalsFinesReal EstateJun 13, 2024

Las Vegas Homeowner Fined $180,000 for Illegal Airbnb, Claims Tenant is to Blame
Real Estate:A real estate investor, Xin Tao, was fined $180,000 by the city of Las Vegas for running an illegal Airbnb. Tao, an Oregon engineer, claims that his tenant is responsible for the violation. He purchased the five-bedroom, two-bathroom property in Las Vegas for $378,000 in June 2021 as an investment property to rent out longer term. initially considered listing it on Airbnb, but abandoned that plan when he signed a lease with a long-term tenant in September 2021.

However, multiple neighbors called the city with complaints about the property, complaining about an overflow of cars parked in the driveway and that activity at the house \

Frequently Asked Questions

How much was Xin Tao fined for running an illegal Airbnb?

$180,000

Why did Las Vegas institute regulations on short-term rentals?

To curb the influx of parties, prostitution, and drugs into residential communities.

How did Las Vegas city officials determine the amount of the fine?

Based on a $500-a-night penalty for each of hundreds of nights it tracked as booked at Tao's property.

What is Xin Tao's occupation?

Oregon engineer

How much did Xin Tao pay for the property in Las Vegas?

$378,000

Related News Articles

Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws
Real Estate Pune

Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws

The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.

August 1, 2024
Read Article
Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts
Real Estate Pune

Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts

IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours

August 26, 2024
Read Article
Nagpur Townships Inspected by State-Appointed Panel, Issues Persist
Real Estate Maharashtra

Nagpur Townships Inspected by State-Appointed Panel, Issues Persist

A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.

September 24, 2024
Read Article
Indore Sees 12.8% Rise in Property Revenue During Festive October
Real Estate

Indore Sees 12.8% Rise in Property Revenue During Festive October

The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a

November 21, 2024
Read Article
Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law
Real Estate

Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law

Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand

December 16, 2024
Read Article
Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?
real estate news

Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?

Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.

April 8, 2025
Read Article