Thursday’s editorial, after having some good discussion about it yesterday:
How long should a homeowner be able to rent out his home and still count it as his main residence? Legislators are confronting that question this year as they consider a bill pushed by Sen. Ray Cleary of Murrells Inlet, who wants to let homeowners rent their homes out for more than 14 weeks a year and still be taxed at a lower rate than other rental properties.
Is this a good idea? Well, it seems at least innocuous enough. Cleary’s point that the change would help homeowners struggling with soaring insurance premiums, especially wind, is well taken. It’s an issue that sorely needs to be addressed and which we are following with interest in Columbia this year.