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Beach on Maui close to where I live - 12/23/11 12:14 AM
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HARPTA - 12/22/11 11:54 PM
In order to promote a great level of compliance by non Hawaii residents regarding the reporting of income from sales of real estate located In hawaii, Section 235-68, Hawaii Revised Statutes requires every buyer of Hawaii real estate to deduct, withhold, and pay to the Hawaii Deparment of Taxation 5% of the amount realized by the seller of Hawaii real estate.
Escrow normally assists buyers and sellers in putting this into effect by providing the necessary documentation and ensuring that any amounts that should be paid over are in fact, paid over.
This is done unless there are certain exemptions which … (1 comments)
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3.8% tax rumor that has been circulating on the net - 12/22/11 11:43 PM
There is a new 3.8 percent federal tax that goes into effect in 2013 to help pay for the Health Reform Act. But it is on capital gains, not real estate. And it is only on those capital gains of individuals who earn more than $200,000 ($250,000 for couples) annually, and then only on that portion of their incomes over $200,000.
Real estate income is not exempted from this tax. If all or part of your income includes profits from real estate investments, and your income is over $200,000, then you will be paying a new tax on that income over … (0 comments)
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USRPI?? - 12/16/11 05:04 PM
The term USRPI is short for "United States Real Property Interest" and it means any interest in real estate (real property) located in the United States regardless of whether the property owner is a citizen of the United States.
Need Hawaii State Tax forms and instructions go to http://www.state.hi.us/tax/a1_forms.htm
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CONDOMINIUMS - 12/16/11 04:53 PM
GRAND CHAMPIONS VILLAS
This complex was built in the 1990's and is a low-rise complex. You will find this complex between the Wailea Blue Golf Course and the Wailea Tennis Club
Vacation rentals are allowed in this complex as well as long term rentals (vacation = short term, and long term means in excess of 6 months)
The views vary - some have ocean/golf course views and some have mountain views and of course some only have garden views.
Well run complex with ample parking, even for visitors.
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WAILEA/MAKENA CONDOMINIUMS - 12/16/11 04:50 PM
GRAND CHAMPIONS VILLAS
This complex was built in the 1990's and is a low-rise complex. You will find this complex between the Wailea Blue Golf Course and the Wailea Tennis Club
Vacation rentals are allowed in this complex as well as long term rentals (vacation = short term, and long term means in excess of 6 months)
The views vary - sopme have ocean/golf course views and some have mountain views and of course some only have garden views.
Well run complex with ample parking, even for visitors.
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Lulu Williams R(B)
Kihei,
HI
More about me…
Coldwell Banker Island Properties
Address: PO Box 1312, Kihei, HI, 96753
Cell Phone: (808) 283-3783
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