Protect Vacation Rentals in Missouri
Missouri Vacation Rentals have been under attack for the past three years in Jefferson City, MO.
Lobbyists for large corporations, hotels and municipal leagues have been attempting to add more taxes and regulation to this industry without representation by property owners or showing any compelling governmental interest to do so. This is a sector of our Missouri economy that is growing and contributing greatly to the lives of Missouri property owners and the small business that serve them.
The Missouri Vacation Home Alliance has been attempting to spread a message for vacation rental owners in Missouri: Let’s stop bans, protect private property rights, define reasonable regulation, promote the sharing economy, fight for fair taxation and establish a clear boundary between residential and commercial use.
Recently, however, many counties have been under pressure to assess vacation rentals as “commercial use” however, vacation rental homes and condos do not get the full benefit of this tax classification.
“Making money” does not define whether or not a property is taxed as commercial, state statue does. Learn how the folks at Lake of the Ozarks defeated this issue by clicking on this news article: http://www.lakenewsonline.com/news/20170719/assess...
By state statue, Long term rentals, time shares, bed and breakfasts are all taxed a residential property in Missouri, so why are assessors attempting to tax homes and condos as commercial?
Commercial property comes with benefits, signage opportunities, police protection and other benefits such as use change. A vacation rental approved with a city or county can not be changed to a hair salon, or a KFC or a bank, it must be used as a residential property, so why are so many local assessors trying to tax these properties a commercial?
The short answer is, it’s politics. We have strong opponents.
This petition was created to give you a voice.
We will be taking this with is to Jeff City in the coming months as we prepare for local and statewide debates.
Help us protect the residential tax classification of vacation rental property by signing this petition.
Thank you – Jeramie Worley