Maui County offers several real property tax exemptions to credit your assessed value which lowers your real property tax obligations.
Here is the link to Maui Property Tax which shows the tax rates for different property classifications, requirements for each exemption, and the forms to file exemptions:
RPA Forms and Instructions | Maui County, HI – Official Website
If you’re an owner occupant, you’re eligible for a 200K exemption to your assessed value and also a lower tax rate. The 2021 Tax Rate for owner occupants is:
$2.41 per 1,000 assessed value up to 800K
$2.51 per 1,000 assessed value 800K – 1.5 million
$2.71 per 1,000 assessed value 1.5 million+
With the owner occupant exemption this would result in 200K off the assessed value and a much lower tax rate.
Non-owner occupants 2021 tax rate is:
$5.45 per 1,000 assessed value up to 800K
$6.05 per 1,000 assessed value 800K – 1.5 million
$8.00 per 1,000 assed value 1.5 million+
A new exemption of up to 200K is if you have a rental with a 12 month lease.
These are savings to take advantage of, but YOU MUST FILE BEFORE THE END OF THE YEAR.
Feel free to reach out to me if you have questions on how to file an exemption although the information is all available at the website above.
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