Hawaii homeowners – remember to apply for your Homeowners Exemption on Real Property Taxes. The exemption will reduce the taxable value of your home, thus reducing the taxes you pay. Who wouldn’t love that?!
Choose to submit your application by September 30th online, by mail (form BFS-RP-P3) or in person at either of the two real property assessment division locations OR at any satellite city hall.
Downtown Office
842 Bethel Street, Basement
Honolulu, HI. 96813
PH: (808) 768-3799
Kapolei Office
1000 Uluohia St. #206
Kapolei, HI. 96707
PH: (808) 768-3799
About the deadline:
The statutory deadline for the home exemption is September 30th, effective for the next tax year beginning on July 1st and ending on June 30th. For example, submitting your home tax exemption application by Sept. 30, 2017 will make it effective for the July 1, 2018 – June 30, 2019 tax year. If the September 30th exemption deadline falls on a Saturday, Sunday or legal holiday, the deadline is extended to the next succeeding day which is not a Saturday, Sunday or legal holiday.
Questions?
Check out these Frequently Asked Questions on Homeowners Exemptions, including more specifics on homeownership qualifications. (See: “Q: Who qualifies for the home exemptions?”)
Go get your exemption!
One more thing! Did you know that lower income borrowers (below $60K) who do not own other property may also qualify for a real property tax credit. More info: Real Property Tax Credit for Homeowners Brochure
Are you a veteran or active duty service member interested in utilizing your VA loan benefits to purchase a home in Hawaii? Give us a call at 808-792-4251 to talk with a VA Loan Specialist or fill out our online application here.