With rising mortgage rates, increasing home prices, and inflation affecting everyday costs, many homebuyers in Maui are searching for ways to reduce their housing expenses. One of the most effective strategies is taking advantage of property tax exemptions available to homeowners and long-term rental property owners in Maui County.
Below is a breakdown of Maui's most valuable property tax relief programs, along with links to official application forms and eligibility details.
The Maui County Homeowner Exemption reduces the taxable assessed value of an owner-occupied property by up to $300,000, leading to substantial property tax savings.
Eligibility Requirements:
Property must be the owner's primary residence.
Owner must file Hawaii state income tax for at least two consecutive years.
Only individuals and trusts are eligible—properties held in corporations, LLCs, or partnerships do not qualify.
Download the Homeowner Exemption Application Form
The Long-Term Rental Exemption offers tax relief to owners who rent residential properties to tenants under a lease of 12 months or more. This program benefits both residents and non-residents of Hawaii who provide stable, long-term housing on Maui.
Key Requirements:
A signed 12-month (or longer) rental agreement is required.
Owner must be current on all property taxes.
Applies only to residential properties, not commercial or industrial.
Must be submitted by December 31 to take effect January 1 of the upcoming tax year.
Download the Long-Term Rental Exemption Application Form
For added convenience, applications can be submitted in person at:
Maui County Department of Finance
110 Ala‘ihi Street, Suite 108
Kahului, HI 96732
Yes—qualifying property owners can claim both exemptions in Maui County under certain conditions:
One property used as a primary residence can receive the $300,000 Homeowner Exemption.
Additional properties rented under qualified long-term leases may receive up to $100,000 in exemptions per property.
Each rental property must be on a separate lot.
Properties owned in trusts are eligible.
Properties owned by corporations, LLCs, or partnerships are not eligible for the homeowner exemption (see Maui Ordinance 3.48.450 B).
Always consult a licensed tax professional to ensure eligibility and optimize your tax strategy.
Whether you're buying or selling property on Maui, our experienced team, The Maui Property Team at Compass, is here to help. We’ll guide you through the process and connect you with trusted local experts for tax planning and compliance.
Call us today at 808-217-8832 or contact us online to get started.