Maui Property Taxes
One of the most common questions I get selling real estate on Maui is "How much are taxes?" With so many people retiring on a fixed income, or hard working families looking to keep home ownership costs under control, knowing what the tax man will take is a major key consideration in a purchase.
Here are the top 5 things you need to know about real property taxes on Maui. (Click Here for Maui Tax Calculator)
The advertised tax cost in the listing is not necessarily what you will be paying! Why? Because when you close on a property on Maui, you “inherit” the tax rate of the previous owner, until the next fiscal tax year (which actually begins in the summer!) So let’s say you purchased a home from a second