Maui law to phase out 7,000 vacation rentals by 2031 - The Business Journals
Summary
Maui is implementing a law to phase out 7,000 vacation rentals by 2031. This is a significant regulatory change that could impact hosts in Maui. Hosts need to be aware of this new law and how it affects their rental operations.
Key Insights
- •Maui law to phase out 7,000 vacation rentals by 2031.
Action Items
- ✓Hosts operating in Maui should research the specific details of the phase-out plan and how it affects their properties.Effort: mediumImpact: high
Common Mistakes
- ⚠Failing to comply with the new regulations in Maui could lead to the inability to rent out your property.
More from Regulations & Compliance
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A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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