What must I do if I sell my rental property?
Is the GET a sales tax?
Because of all of my expenses, depreciation, etc., I always show a loss on my income tax return. Do I still have to file a Hawaii income tax return?
Is there any minimum amount of tax I have to pay? If I only rent out one room in my house, will I still have to pay the general excise and transient accommodations taxes?
If the general excise and transient accommodations taxes are levied on gross rental income, does that mean that nothing is deductible?
If I rent an accommodation to relatives such as my son and his family, is the rental income I receive subject to the general excise and transient accommodations taxes?
Will it make a difference if I visibly pass on the general excise and transient accommodation taxes?
What percent of my gross rental income will I have to pay as general excise and transient accommodations taxes?
What do I need to do to register for the general 5 excise and transient accommodations taxes?
Will I be issued one identification number for the general excise tax and a separate identification number for the transient accommodations tax?

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Under our rental agreement, my tenant pays the maintenance fee directly to the homeowner’s association and pays the property tax directly to the City. Since I don’t actually receive the money, may I exclude these amounts from my gross income?

Brent Foster

June 18, 2019 08:40

If your tenant pays any of your expenses (e.g. maintenance 2 fees, real property taxes, repairs, etc.) for which you are legally responsible, these payments are considered to be rental income and must be reported.

However, amounts the tenant pays towards expenses for which the tenant is liable (e.g. electricity bills, telephone bills, and other bills incurred by the tenant rather than by you) are not considered rental income and therefore are not included in your income subject to the general excise and transient accommodations taxes.

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