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New state rules for vacation rental listings
#1
I contacted Airbnb today about a problem with our listing. The Tax ID number in our listing was automatically blocked as if it were a phone number. I researched a little bit and found out that effective April 4, 2016, vacation rental owners and their agents (realtors, vrbo, Airbnb, etc.) are required to list their Transient Accommodations Tax ID number in any advertisement of their rental, online or otherwise. The fines start at $500 a day for noncompliance! Here is the relevant law: http://files.hawaii.gov/tax/legal/har_te...160404.pdf

A quick search of listings in the Puna area showed that almost no one at all is complying with this law. Of the three listings I found with a tax id listed, the number was blocked. Most listings have no number listed at all. Airbnb was able to show the number in our listing after I called them.

I realize many people operate vacation rentals and don't want to deal with collecting and paying more tax. I just thought everyone should at least know what the law says about it. Now whether the state will ever do anything about it is anyone's guess. But if you are already collecting and paying the appropriate taxes, be sure to list your tax ID number anywhere you advertise.
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#2
It has long been my contention that many vacation rental owners collect the tax, but relatively few actually pay it. It would bee interesting to see any stats on how much tax is actually collected, per zip code compared to how many vacation rentals are listed on the various sites.
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#3
Why would you think that? Is it something you'd do?
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#4
There is no enforcement - and since there are only a relative handful of legally permitted vacation rentals, it isn't tough to figure out. Some are even taking the homeowner exemption.

The county should contract out to a company to locate and collect back taxes, for a percentage of the amount collected. i would like to be a part of that. It would be a fabulous money maker.
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#5
quote:
Originally posted by PaulW

Why would you think that? Is it something you'd do?


lol
***Still can't figure out how to spell 'car' correctly***
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#6
"there are only a relative handful of legally permitted vacation rentals"

Oh please do tell how you know this.
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#7
"It would be a fabulous money maker."


Sounds tremendously like a line from a certain reality show star.
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#8
quote:
Originally posted by PaulW

"there are only a relative handful of legally permitted vacation rentals"

Oh please do tell how you know this.


Gee, cause even the county already knows this?
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#9
I think you're thinking of somewhere else.

Proof please. Newspaper article perhaps.
How many vacation rentals fit in your hand?
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#10

http://hawaiitribune-herald.com/news/loc...-pay-taxes
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