The Hawaii Real Property Tax Act, HRS 235-68, (HARPTA), is a state law requiring buyers who purchase Hawaii real estate from a non-resident person to withhold 7.25% of the gross sales price and remit it directly to the Hawaii Department of Taxation at closing. This is not a new tax, but a pre-payment mechanism designed …
Selling a home during a divorce can be tough, especially when the sellers have different goals. Realtors often struggle to meet the needs of everyone involved while doing their job properly. This “easier path” can lead to less-than-ideal results, where one seller’s wishes may jeopardize the whole deal. It’s important to recognize the difference between …
Divorcing sellers sometimes fail to appreciate the importance of pricing a property properly. Of course, we all want to net as much as possible from a sale, and this is frequently especially important for divorcing clients. But the truth is that sellers will frequently net more if they start out with a realistic, rather than …
The Hawaii Real Property Tax Act, HRS 235-68, (HARPTA), is a state law requiring buyers who purchase Hawaii real estate from a non-resident person to withhold 7.25% of the gross sales price and remit it directly to the Hawaii Department of Taxation at closing. This is not a new tax, but a pre-payment mechanism designed …
Selling a home during a divorce can be tough, especially when the sellers have different goals. Realtors often struggle to meet the needs of everyone involved while doing their job properly. This “easier path” can lead to less-than-ideal results, where one seller’s wishes may jeopardize the whole deal. It’s important to recognize the difference between …
Divorcing sellers sometimes fail to appreciate the importance of pricing a property properly. Of course, we all want to net as much as possible from a sale, and this is frequently especially important for divorcing clients. But the truth is that sellers will frequently net more if they start out with a realistic, rather than …
