Here are the updated rates for this coming fiscal year. If there is any change in rates, last years rates are noted for reference. All rates shown below are per $1,000 of assessed value.
Please enjoy my Maui Property Tax Calculator to figure out your exact tax liability for each property type. Click www.MauiPropertyTax.ORG
Owner Occupied
Tier 1: up to $1,000,000 Formerly $2.41 now $2.00
Tier 2: $1,000,001 to $3,000,000 Formerly $2.51 now $2.10
Tier 3: more than $3,000,000 Unchanged $2.71
Non Owner Occupied
Tier 1: up to $1,000,000 Formerly $5.45 now $5.85
Tier 2: $1,000,001 to $4,500,000 Formerly $6.05 now $8.00
Tier 3: more than $4,500,000 Formerly $8.00 now $12.50
Overview for Successful Ownership Avoiding Costly Tax Mistakes
Planning to buy, rent long term or vacation rent and eventually sell Hawaii real estate can be complicated and best done well in advance of contracting to buy or offering to sell real estate in Hawaii. Putting your real estate investment to work generating income by renting it out long term (180 days or more) or for even more $$$ as a vacation rental is a great idea to offset the cost of your permanent residence or pay for many future Hawaiian vacations for you and your family. Then, sell it down the road hopefully for a generous capital gain! When you grab a piece of paper or a spreadsheet to see how much of a good deal this is there are some tax
