featured on home page

Understanding Maui’s Tiered Property Tax Changes

The Maui County Council began considering a tiered tax rate system back in 2018. The tiered scheme for property taxes was initially proposed to increase income from second homes and investment properties, which many have said aggravates Maui County’s housing crisis. There was much media coverage and hearings over the next two years, ultimately passing two resolutions in December of 2019. A subsequent resolution provides a tax exemption for property owners with long-term rentals. However, it was [...]

Vacation Rental Occupancy on the Rise

If Maui streets seem a little more crowded, that is because more tourists are arriving on island. This has resulted in some rebound for the vacation rental market. Overall, hawaii vacation rentals were nearly 50% occupied last month, according to data released Wednesday by the Hawaii Tourism Authority. According to HTA’s monthly Hawaii Vacation Rental Performance Report, vacation rentals throughout the state were 49.8% occupied in February. The figure marks a 34 percentage-point year-over-year d [...]

More EV Rollout for Hawaii

Hawaii is not doing too bad in efforts to move away from fossil fuels and focus on electric vehicles. Overall, Hawaii ranked 11th out of all 50 states — and the District of Columbia — for its electric vehicle policy progress, according to a new report by the American Council for an Energy-Efficient Economy, or ACEEE. Hawaii scored 40.5 out of a possible 100 points in a scoring system for the rollout of EVs spanning areas like planning and goals, incentives for deployment, and transportation syst [...]

Create a Post-Pandemic HOA Strategy Plan

There are two paths forward for home owners’ associations in 2021. One is to plan for a return to “business as usual” post pandemic. Another is to re-energize and adapt your HOA to be better equipped for the future through strategic planning. Why Create or Revisit a Strategy Plan? In short, strategic planning involves goal setting, including long-term plans for your community and the path to get there. It allows directors to detach from the issues of day-to-day association management, revisit yo [...]

Maui Property Tax Deferral

People owning property on Maui will have a little longer to pay their property taxes without penalty. Mayor Michael Victorino has authorized a 60-day deferral of the 10 percent penalty for Real Property Taxes due on Feb. 20, 2021. Assessment of the penalty will be deferred through April 21, 2021, to help with the financial impacts of the COVID-19 pandemic. Taxpayers may make Real Property Tax payments from Feb. 20 to April 21, 2021, without incurring the 10 percent penalty. However, the standard [...]

Insurance Rate Increase Projections for 2021 and Beyond

Has your property insurance gone up for your association? If it hasn't yet, it may be soon. Many factors go into insurance rate increases. This article provides a good overview. Reprinted from the Community Associations Institute, Hawaii Chapter, Quarterly Newsletter, Oct, 2020. By Joshua German For many community associations, their property insurance has been and will be seeing large rate increases. The biggest reason for these rate increases is the cost of reinsurance. Reinsurance is insuranc [...]

7 HOA Resolutions for the New Year

Following the hand that 2020 dealt us, now is the time to focus on rebuilding our community connections! Let's work on something that brings us together. New Year’s resolutions tend to be short lived. However, this year’s resolution aim is to strengthen the governance that fosters positive relationships between HOA board members and residents, avoids expensive problems and creates peace with simple efforts that make long lasting results. HOA, the best year yet is here! Here are seven resolutions [...]

Maui Vacation Rental Occupancy Dismal in November

Even though vacation rentals outpaced hotel occupancy in November, numbers are still low, according to the latest data released last week by the Hawaii Tourism Authority. According to HTA’s monthly Hawaii Vacation Rental Performance Report, vacation rentals throughout the state were just under 32% occupied last month, but Maui County's figures dropped even lower than that. For comparison, rental units were 69% occupied across the state in November of 2019. The occupancy rate reflects a unit supp [...]

The Relationship Between HOA Boards and Homeowners

"We think the surest way to lower tensions and resolve the disputes between the neighbors is through more dialogue between them, not less." - Richard Bouche  Homeowner relationships are the foundation of any residential community. Forbes released an article in 2019 describing 8 ways to improve communication between people. We narrowed down some key takeaways that HOA boards might apply in their own communities. First Impressions are Important A few seconds is a small window of opportunity to mak [...]

Airbnb Goes Public During a Pandemic

It’s been a whirlwind year for Airbnb. At the start of 2020, the home-sharing vacation rental company was sitting on billions in cash and was planning a direct listing on the stock market. The pandemic wiped out 90% of bookings, and many were pondering if the company would survive. But bounce back it did, thanks in part to consumers taking “staycations” over the summer. Airbnb filed for its long-awaited public offering on Monday, revealing its past performance, revenue data and trajectory. Some [...]

Go to Top