Tax Information – Brent Foster

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?
If I have more than one rental property, must I apply for a separate general excise and transient accommodations tax identification number for each property?
My wife and I jointly own a rental property. Do we have to apply for separate general excise and transient accommodations identification numbers?
Must managing agents comply with any special 7 Department of Taxation requirements?
If I place my rental property in a revocable living trust, do I register for the general excise and transient accommodations number under my name as an individual or under the trust’s name?
If I am currently registered for the general excise tax because of various other business activities, can I add my rental activity to my current license?
If I am currently registered for the general excise tax because of various other business activities, can I add my rental activity to my current license?
What kind of general excise tax return forms must I file?
What kind of transient accommodations tax return forms must I file?
Where do I file my general excise and transient accommodations tax returns?
How does paying the general excise and transient accommodations taxes affect my state income tax?
I am a nonresident. Are there any special requirements if I sell my Hawaii rental property?
Where can I get information on the rights and responsibilities of landlords and tenants?
Is the security deposit received from a tenant considered income?
Is there a deadline for filing this information with the Department of Taxation?
Who is responsible for applying for a license and paying the general excise and transient accommodations taxes for property held in a trust?
When are general excise and transient accommodations tax returns due?
What income tax forms do I file to report my rental income and expenses?
Where can I get additional information regarding the general excise and transient accommodations taxes?
If a wholesaler sells an item to a retailer who then sells that same item to me, isn’t that double taxation?
Can businesses charge GET to tax‑exempt organizations such as nonprofits, government agencies, and credit unions?