FAQs • Placer County, CA • CivicEngage

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What if I bought the Short-Term Vacation Rental property and the furniture was already in place? I don’t know the cost.: You should estimate the current fair market value of each item and put that value in the most recent year on the business property statement.

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Assessor - Short Term Vacation Rental (STR) Properties

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1. What is a Short-Term Vacation Rental?: A Short-Term Vacation Rental is defined in the Placer County Ordinance. For more information about the ordinance visit https://www.placer.ca.gov/6109/Short-Term-Rental-Program

2. What personal property do I have to report?

Household Furnishings which may include:

Beds, sofas, tables, chairs, televisions, bookcases, appliances, desks, etc. (anything moveable and of value)

3. What do I need to report?: You will need to report the cost of each item and the year each item was acquired. Attaching an asset list to your property statement is helpful.

4. What if I bought the Short-Term Vacation Rental property and the furniture was already in place? I don’t know the cost.: You should estimate the current fair market value of each item and put that value in the most recent year on the business property statement.

5. What if I threw away some furnishings during the year?: You would no longer need to report those items on your business property statement.