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HomeMy WebLinkAboutCOM 0236.034 2024-2026 p/PCPcUEO 147 C'AMM.2% From: JANET Oldham Sent: Saturday, May 3, 2025 10:45 AM To: Council Testimony Subject: Bill 47 sect 6 TVR Aloha After reading this proposed bill I have some serious concerns it is biased and unfairly will cost senior owners who must rent out their condo while they are not there. I am a senior on fixed income and have loved using my condo every year for 25 years. In 25 years I have never had a positive income year. During that time I have had to change from my own website to 3rd party middleman websites in order to get bookings. Now I've seen a decrease in bookings due to the quantity of units hosted by Airbnb and vrbo that are from property managers with higher priority. I have thought about going back to my own website but this new legislation will stop that from happening due to$1000 cost when I'm already negative. Property management is out of range with most taking 30%fees increasing my negative that I can't afford. I've conformed to registering, paying for on island representative monthly,and have tax numbers that I send tax in regularly. In addition I've seen HOA dues increase by$1000 per month, lease hold fees increase by$300 per month, property taxes increase by$200 per month. Despite paying off the mortgage on a$140,000 condo I have a large negative every year and can only use it for a month myself due to ever increasing costs. I would like to see changes that consider longtime Hawaii owners that are seniors on fixed income and want to continue yearly trips to Hawaii not forced out.This legislation increases fees$250 per year, $1000 per year if an owner wants their own website, plus way too many requirements for reporting for a senior single owner who can't afford paying a 3rd party to do. Reporting GET,TAT,county TAT and conforming to rules already in place for the old registration are enough, I,don't need more.There needs to be exceptions and consideration for senior TVR owners that are already conforming and have large negative costs. Thanks Janet Oldham C 7208781311 -mac : Sent from my iPhone --<---' 1 (J--< co U, Comm. IP. Ref. To: 1 1 Ref. Dwra�