Starting July 1, most Maui homeowners will see their property taxes remain the same or decrease, following the new rates unanimously approved by the Maui County Council.
The resulting decrease in revenue will be offset by higher taxes on non-owner-occupied homes, as well as increased taxes on bed-and-breakfast operations and short-term rentals that serve as the owner's primary residence.
Property is classified based on its highest and best use. Properties receiving home exemptions, condominiums, permitted bed and breakfasts and permitted transient vacation rentals are exceptions. Condominiums are classified upon consideration of their actual use — Non-owner-occupied, Commercial, Short-term/Vacation rental, Long-term rental (new classification),
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