We are here today to talk to you about property taxes. Currently, the minimum basic home exemption is $80,000. For homeowners age 65 and up, the exemption is $120,000.
To qualify, you must own and occupy the property as your primary residence, and your ownership must be recorded at the Bureau of Conveyance. You must file a claim by September 30th preceding the tax year of which you claim the exemption in order to get it. “
Your claim must be filed by September 30.
There are other exemptions you should be aware of besides the single-home one, like exemptions for totally disabled veterans, low-income rental housing, and more.
Check out the website for the City of Honolulu’s Department of Budget and…