July 2018

Found 3 blog entries for July 2018.

Veuve Clicquot and the Cliff House at Kapalua: a perfect pairing

Cliff House at Montage Kapalua Bay

Dates: Thursdays - Sundays through September 1 (excluding August 4)
Time:  4:30 - 8:30 p.m.
What: Rosé Celebration, Exclusive Pours & New Food Pairings

The Montage Kapalua Bay, is a five-star resort with private residences, situated overlooking Kapalua Bay.  The grounds are home to one of my favorite spots on the whole island, the Cliff House.  When I was growing up, I would accompany my father to meetings there.  In spite of being bored at the meetings, the journey always thrilled me, because I knew we would be swimming in the crystal clear waters below as soon as he finished.

The Cliff House is usually only available for private rental, so this pop-up bar and lounge provides one

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Maui Property Tax Rates for 2018-2019 Fiscal Year

The Maui County Council approved the new property tax rates for the July 1, 2018-June 30, 2019 Fiscal Year.

The figures below show the rates for each year.  Traditionally, the lowest tax rate is for Homeowner, where this is their declared primary residence.  The highest tax rate remains the Time Share Classification.   This is the first year the county has added the category of Short Term Rental for those condominiums that are rented for a period of time less than 180 days.  Read More on Maui Short Term Rentals.

Maui County assesses taxes based on the tax rate multiplied by the assessed value of the property.  The county assesses values each year based on the sales in the prior fiscal year. 

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What is HARPTA, the new law, and are there any exemptions?

HARPTA

What is HARPTA?

HARPTA is the Hawaii Real Property Tax Act.  HARPTA is a Withholding Tax on Sales of Hawaii Real Property by Nonresident Persons.  The " withholding obligation is generally imposed on the transferee/buyer when a Hawaii real property interest is acquired from a nonresident person. This withholding serves to collect Hawaii income tax that may be owed by the nonresident person."*  This is similar to the withholding in California, often referred to as CalFIRPTA, and the federal withholding tax on the disposition of real property known as FIRPTA (Foreign Investment in Real Property Tax Act)." Read More in Tax Information Release No. 2017-01

Per the State of Hawaii's

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