Hang in there! It really is the same every year. Always on the first of July. The Maui Real Estate tax rates are due to change today. Individual Maui homes and maui condo owners usually receive their new estimated tax notifications in the mail during the month of March. During the same time, the County of Maui announces the real estate tax rates for the upcoming cycle starting on July first of each calendar year.
Interesting is that tax classifications never change throughout the year. If your Maui Real Estate purchase closes on or after July first of any given year, the tax classification will remain the same until the following year. Changes have to be requested and verified during spring of each year, to become effectinve on July first. Yep, we are not the fastest on Maui but we sure enjoy our Maui Lifestyle. So, hang loose and hang in there. Aloha.