> My guess is that the fine is either a slap on the wrist (so the house owner just chalks it up to business expense) or so sever[e] that the house owner stops doing short-term rentals entirely.
This is tautologous. Either the owner does not cease to rent out his unit, in which case fines are a business expense, or he does. What sort of third option were you imagining might happen?
This is tautologous. Either the owner does not cease to rent out his unit, in which case fines are a business expense, or he does. What sort of third option were you imagining might happen?