Here’s a quick summary of Property Taxes in Hawai‘i County
- “Homeowner” ~ Primary residence (with exemption):
~0.6% annual property tax rate
→ $6,000/year on a $1M home - “Residential” ~ Second home or vacation rental:
~1.1% on the first $2M of value
~1.36% on any value over $2M
→ $11,100/year on a $1M home
→ $45,320/year on a $3.7M home - Short-term rentals (STVRs):
“Residential” Same rates as second homes—not eligible for the homeowner exemption, even if you live there part-time - State + County rental taxes on revenue (for STVRs):
- TAT (Transient Accommodations Tax): 10.25%
- HCTAT (County TAT): 3%
- GET (General Excise Tax): 4.712%
Let me know if you want a condo-specific version or something branded for client packets.
