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HomeMy WebLinkAboutCOM 0600.021 2022-2024 P/FC 51 of GOMM.wo From: April Nelson Sent: Thursday, December 14, 2023 9:08 AM c; cp To: Council Testimony Cc: April Nelson rni Subject: Bill 104 Testimony Aloha Financial Committee and County Council Members, Thank you for the opportunity to submit testimony regarding Bill 104. In general, I support the idea of this bill, bull strongly believe the long term rental class should be for 6 months minimum and not 10 months. Introducing a different term will be confusing and difficult to track. Why not be consistent with all other current county legislation and have long term rental be defined as 6 months minimum? When someone asks me what qualifies as a long term rental,today I would have to say: - For not requiring STVR permit(today),greater than 30 days - For not paying TAT tax,greater than 6 months - For proposed long term tax rate,greater than 10 months - If you rent to medical professionals and other special types of tenants, all this does not apply and there are different rules... As a resident, landlord, and someone involved in real estate, I highly recommend keeping the long term rental definition consistent at 6 months. This will make it easier to enforce and easier for owners and landlords to follow and understand. Mahalo for your consideration. Sincerely, April Nelson Kealakekua, Big Island resident 808-202-3441 April Nelson Loan Officer apriln@cmghomeloans.com (808)202-3441 *f 75-5591 Palani Road,Suite 2008A, Kailua-Kona,HI 96740 APPLY NOW I MYSITE I :i#f NL'✓lls#2055032 BRANCH NMLS#2475892 I..CORPORATE NMLS#1820 ANS,SL MPLIFIED, 'HOME LO El t 5 E Reviews a° L. Comm. No. IY • Ref. To: 1 Ref. Date DE 1 9 2013