Save Money by Filing an Exemption
If you are an owner-occupant in the City and County of Honolulu, you can get a break on your property taxes, but you must file by September 30, 2024. If have done this already and you already have your $120,000 or $160,000 (ages 65+) reduction in your assessed value and your yearly savings. If not and if your property has been assessed at $1,000,000, you would have been taxed on $880,000 or $840,000 (ages 65+) for a savings this year of $420 or $630 (65+)!
Upsides of Downsizing and Moving
Here are some advantages moving to downsize or just moving:
- A Clean Slate – Decluttering & Simplifying Life
- Possibly less Maintenance, More Enjoyment
- A Chance to Reinvent Yourself
- Better Quality of Life
- An Opportunity to Take Control of Your Future!
Here are Jesse and Emma, who recently moved from Honolulu, enjoying their beautiful new home in Sparks, Nevada!
As always, I love to hear from you! All the best, Judy
