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Ices, City and County of Honolulu, on or before September 30th preceding the tax year for which such exemption is claimed. Once exemption claim is accepted and approved for applied principal home, no additional home exemption filing is required. If you are a lessee with a lease that has a term of five or more years and the parcel is used for residential purposes, the lease and any extension, renewal, assignment or agreement to assign the lease has been recorded at the Bureau of Conveyance, and t.

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Beginning with the 2020 assessment (2020-2021 tax year) the basic home exemption for homeowners under 65 will be $100,000. This means that $100,000 is deducted from the assessed value of the property and the homeowner is taxed on the balance. For homeowners 65 years and older the home exemption will be $140,000.

HARPTA is an acronym for “Hawaii Real Property Tax Act”. This is a Hawaii State law that requires a withholding of 7.25% of the sales price.

(2) Residential A: 0.45% of assessed value up to $1,000,000 (Tier 1) and 1.05% of the assessed value above $1,000,000 (Tier 2). The Residential A Honolulu Property Tax Rate applies to properties where an owner doesn't claim the home exemption and the total assessed value is more than $1,000,000.

The basic home exemption for homeowners under the age of 60 is $40,000. The basic home exemption for homeowners 60 to 69 years of age is $80,000. The basic home exemption for homeowners 70 years of age or over is $100,000.

The basic home exemption for homeowners under the age of 60 is $40,000. The basic home exemption for homeowners 60 to 69 years of age is $80,000. The basic home exemption for homeowners 70 years of age or over is $100,000.

In Honolulu, the rate of residential property taxes is now $3.50 per $1,000 of assessed value.

What is the long-term rental exemption? It is a real property exemption of up to $200,000 on a parcel that is occupied as a long-term rental for twelve (12) consecutive months or longer to the same tenant. The exemption will be effective January 1, 2022.

A major reason Hawaii has low property taxes is that it offers generous exemptions on owner-occupied residences. Homeowners are eligible for exemptions ranging from $80,000 to $160,000, depending on their county of residence.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232