Property Taxes

Special Tax Considerations for Foreigners & Non-Residents of Hawaii

The Federal government requires withholding 10% of the gross proceeds any time a foreign seller conveys property. Escrow will also withhold an additional 5% if the foreigner is not a Hawaii resident. Foreigners or out-of-state owners who make even a penny on the sale of real property are subject to withholding. Buyer and seller alike should be […]

Getting North Shore Kauai Property Eligible for Ag Dedication Tax Breaks

As implied by its nickname “The Garden Island,” Kauai‘s lush, green landscape is a result of fertile volcanic soil, sunshine, and rain. It’s no wonder that so many properties here are zoned Agriculture (aka ‘Ag’). These parcels are usually a minimum of several acres, and house sites are limited to encourage agricultural practices to be the primary use […]

Property Tax Relief For Kauai Residents

Tomorrow (Wednesday, March 21, 2012) the Kauai County Council will again discuss Bill 2425, which proposes to increase the homeowner exemptions for Kauai residents. Kauai County Council Member Tim Bynum, who authored the Bill, states: “Since the economy turned and home values started to fall property tax collections by the County have seen a disturbing trend.  In […]

Maui County Property Taxes – Lowest in Hawaii

Maui County Property Taxes Considering that Maui is one of the most beautiful places in the world to live and arguably the most desirable island in all of Hawaii, it is pretty awesome that our residential homeowner taxes are the lowest in all of Hawaii. When discussing Maui property taxes, it is important to differentiate properties that […]