Maui 'Hot List' Hulahan
There is a condo complex on Maui where short-term rentals are forbidden by the AOAO and taxed by the county at the short-term rental rate anyway. If that sounds like a mistake, it is not. It is the system working exactly as written. Find out which tax bracket your Maui plan actually lands in. Book your Aloha Vision Quest: https://bit.ly/avq-booking [https://bit.ly/avq-booking] Mahinahina Beach is the example, and the mechanism is highest and best use. Maui County classifies property by what it could be, not by how you actually live in it. That one quirk explains why so many mainland buyers arrive with a tax number that has nothing to do with what they will owe. This week on the Maui Hot List, Jon and Daniel walk through how property tax classification actually works on Maui, why the same condo can carry four completely different bills, and why the classification question belongs at the front of your search instead of the end of it. WHAT WE COVER Owner occupied, second home, long term rental, and short term vacation rental. Four brackets, four sets of math. Why Maui carries some of the lowest owner occupied property tax in the country and the steepest short term rental rate in the state at the same time. The $300,000 homestead exemption, what it takes to qualify, and why the paperwork timeline surprises almost everyone. Establishing Hawaii residency. Living here is step one. Filing your federal return as a Hawaii resident is the step people forget. Why Maui is the only county in Hawaii without an age based exemption at 65. Highest and best use assessment, and the condos where your AOAO and your tax bill disagree. The two payment dates, February 20 and August 20, and the December 31 exemption deadline that the county is now discussing splitting into two windows. Rates are tiered, they move, and they are set annually by Maui County. Confirm current figures with the county before you build a budget around them. Sands of Kahana, our recent Deal of the Week, went pending. START WITH CLARITY Which bracket you land in changes the monthly number by thousands of dollars. Running property searches before you know your bracket is how buyers spend a year gathering answers to questions about homes they will never own. The Aloha Vision Quest is a conversation about what you want Maui to be for you. Numbers, neighborhoods, and strategy come after that. Book your Aloha Vision Quest: https://bit.ly/avq-booking [https://bit.ly/avq-booking] Not ready for a conversation? Start with the 3 Paths guide and figure out which one you are actually on: https://bit.ly/maui-3paths-yt [https://bit.ly/maui-3paths-yt] Want the tax one pager we referenced in this episode? Drop a comment or send us an email and we will get it to you. WHO WE ARE Jon Brath is a co owner of dreams2REALITY Hawaii, RS-76551. Native Hawaiian, born and raised on Molokai, 22 years in real estate. Daniel Rude is a co owner of dreams2REALITY Hawaii, RS-79734. Ten years and more than 300 Maui and Oahu transactions. dreams2REALITY Hawaii, brokered by Real Broker LLC. d2rhawaii.com [http://d2rhawaii.com] This channel is real estate education, not tax or legal advice. Property tax classifications, rates, and exemption rules change. Consult a Hawaii licensed CPA or tax professional before making decisions based on any figure discussed here. New episodes Monday, Wednesday, and Friday. Maui no ka oi.
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