What constitutes a short term rental property on Maui?
On Maui, any property that is rented out for a period of less than 180 days is considered a short term rental. That’s right. Anything under 6 months! This can include apartments, condos, houses, villas, yurts, you name it, if it’s rented for less than 180 days the county considers it a short term rental. And you better have a permit for that…
Getting a permit for a short term rental is increasingly difficult and is mainly limited to condos located within hotel zone areas or those that have been grandfathered in through their HOAs.
Don’t try to cheat the system and rent out a property that isn’t approved for short term rentals. People doing this are getting fined at a rate of $1000/day or more. The county is quite serious about squashing unpermitted STRs.
All short-term rentals are subject to state and local laws and regulations, and require you to pay a boat load of taxes. You’ll need to register with the state for your TVT permit and GE license. If you can meet those requirements, get those permits and play by those rules, you can run a successful short term rental on the island of Maui.