The Hawaii short-term rentals are a Hot Topic in Hawaii right now at the state level. Bills 121, 122 and 123 are currently in the planning comission and they seek to restrict the amount of short term vacation rentals in residential areas and impose fees and higher taxes on STVRs
These new regulations will posssibly run many STVRrs out business completely and they could negatively impact the way people are currently traveling to the island.
If you are considering buying a home that has an STVR permit, under the current regulation you can continue to opearate as usual, just keep in mind that this permit is not granted in perpetuity. If you need to learn more please use the links below:

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Maly Romero R(S) 🌺
808.346.6781
Koa Realty
RS 75800
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00:00 Introduction
00:22 New Regulations
00:36 If you are considering purchasing property in Hawaii - know this
00:49 Affordable Housing?
02:06 Solutions for this issue
02:21 Issues with permitting process
02:48 Stats on Hawaii STVR's
03:54 Bill 121 - Opposition
04:28 Unpermitted Structures
05:37 How hotels will generate more revenue in Hawaii
05:49 Benefits of operating an STVR in Hawaii
06:33 Voice your opinion


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https://trendinginhawaii.com/real-estate/corelogics-2024-real-estate-market-predictions