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Tell us about Bill 41
- #1
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- bill41
- 2023/04/21 12:27
I would like to know if anyone is familiar with the bill banning short-term vacation rentals on Oahu.
First of all, the definition of vacation rental is renting out one's property to tourists, etc. to earn income.
If I rent out my property to an acquaintance ( or friend of a friend ) instead of a tourist, would that still be a violation of the rule? ?
Also, I sometimes see people renting out single family homes in upscale residential areas such as Kahala and Hawaii Kai, etc. How can I legally operate a vacation rental in such areas? What are the specific requirements to legally operate a vacation rental in such residential areas ??This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #2
-
Aloha
As a real estate agent, I can give you a rough idea of what you are looking for, but please understand that I can only give you a basic answer unless I know your situation. If you like, you can contact me directly and we can talk.
Basically, rental rules are governed by Hawaii State Law. Properties that are available for vacation rentals must be in a resort zone or have a special permit at the individual property. Otherwise, renting less than the minimum number of days under current state law is illegal and can lead to fines and other problems. For properties in buildings, such as condominiums, it is necessary to check the building's minimum number of days rental rule as well as state law in many cases.This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #3
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# Thank you, Price Maria RA
for your response.
I asked the question in a vague sentence, but it was not because I personally want to start a bakelane, but because there is a place in the neighborhood that I think is illegally bakelane and I was wondering if I should report it. I apologize for the lack of clarity.I understand that you are a real estate agent and would be happy to contact you in the future when considering a new property. Thank you very much. This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #4
-
- ワイキキ
- 2023/05/06 (Sat) 17:03
- Report
I own several properties in Waikiki and rent them out both short term and long term.
The short term properties are within the resort zone, but
the condo along Ala Wai is outside the resort zone, so I have registered it for short term rentals (STR).
First of all, the definition of vacation rental is renting out one's property to tourists to earn income.
Is it still against the rules if I rent it out to an acquaintance ( or friend of a friend ) instead of a tourist? 964> Lending to an acquaintance or friend is not a violation. It is not a violation even if the customer is talking back to you, it is gray and not a violation.
It's a relationship, and they don't police every single relationship.
Some renters are looking for a room on this site, but it is a violation if the room is available for less than 90 days in some places. Less than 30 days. It is legal for all of Oahu for more than 30 days.
Also, I sometimes see single family homes for rent in upscale residential areas such as Kahala and Hawaii Kai, what are the specific requirements to legally operate a vacation rental in these areas? <2064> You can register with STR without any problem as long as you meet the number of rooms, number of people, and insurance coverage in accordance with the regulations.
If you want to register Airbnb, etc., the insurance coverage is much more expensive than normal insurance because it is required to have 1 million dollars of insurance coverage.
If you are in Kahala or Hawaii Kai, it may be more economical to rent for 30 days like Colony Surf, because you don't have to pay TVC.
For Vaquelains, you will always pay GET, TAT, and TVU taxes.
The people who exchange cash to say they lent it to an acquaintance or friend are the most profitable in the gray.
Topix, as frustrating as it may be, there are many people who do it well,
I can't and won't do it, but many people do.
It's like Uber. Cab drivers are licensed to do it, but...,This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
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