Condominiums are a different type of ownership created in the 1960s of real property unlike subdivisions, which have been in existence for centuries. Hawaii is a leader in the development of condominium laws and has been used as a model by other states. The Condominium Property Regime (CPR) ...
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To clarify, you as the owner must file/pay GET 4.5%, TAT 10.25%, plus the new OTAT 3%, unless your property manager is filing/paying these taxes on your behalf. Always check with your favorite qualified tax professional. We are only realtors providing most exceptional real estate services...
— Last week I received an email from a real estate investor that just now (?) discovered that her“property tax for a 392 sqft studio went from $1,200yr to over $6k per year for 2018 & 2019.”She blamed her realtor and property manager for not having informed her about a2017 change...