Notify the Real Property Tax Division on or before September 30, 2017.

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The County of Kauai Real Property Tax Assessment office gave homeowners, who saw more than a 3 percent increase in their real property tax due to a transfer of title, a financial reprieve.

Last year my family saw our real property tax increase approximately 18% due to a simple act of estate planning. Our homestead property was denied the 3 percent assessment cap due to a transfer of title, from sole owner to a revocable living trust.

Although we understood the increase fell within the parameters of the tax law, we didn’t believe that it fell within the “spirit of the law.” So along with other affected homeowners, we appealed our assessment to the Real Property Tax Appeals Board.

Recently enacted Ordinance 1015 “allows property owners who were previously ineligible for the 3 percent cap due to a transfer of title to receive a retroactive real property tax adjustment for the 2017 tax year.”

This is great news for Homestead and Commercialized Home Use property owners, who saw a significant increase in their real property tax assessment due to a transfer of title, but still declare the property as their primary residence.

In order to take advantage of this tax adjustment qualified property owners must notify the Real Property Tax Division on or before September 30, 2017. Contact the Real Property Assessment office at (808) 241-4224 for questions or more information.

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