Don’t understand your tax bill or how you are being taxed? Well you’re not alone!! Many callers complain about our complicated property tax system. But we can help explain it. Feel free to call any time and we’ll go over your tax statement with you.
Taxes Upon Sale of Your Property
There are several taxes that may be owed upon the sale of your property, including capital gains and conveyance taxes. There is also a Hawaii program for withholding anticipated capital gains taxes for nonresident owners. Though we always recommend you obtain tax advice from your accountant or tax attorney we can explain the basics, including several exemptions.