Because the wording and structure of Part First 28-A... the State could only exempt the SWPT part of the property tax. Something I think they already do for a certain level of household income.
It is why certain municipalities have threatened to sue on the issue of Current Use; and why municipalities are reviewing their short term rental regulations.
Technically, if the local politicians were not such crony wonks, an AirBnB-type situation for any amount of time would be treated as a commercial B&B... which the State of NH does for purposes of the Meals & Rental tax.
It makes no sense for those of us investing to purchase/develop hotels, motels, or traditional B&Bs if we are going to have licensing, taxation, and regulations (including zoning) that is more stringent than a homeowner competing with us for some easy cash.
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