Hawaiian State Law has numerous requirements for vacation property owners.
It is recommended that all owners become very familiar with ACT 204 which took affect on January 1, 2016. The new law mandates stiff penalties for failure to follow its provisions. To find out more, please see Act 204.
We also recommend that owners be very familiar with requirements for rental property owners found in the the Information for Owners of Rental Property (MAR 2014) brochure published by the Department of Commerce and Consumer Protection.
The State of Hawaii Department of Taxation announced on May 5, 2016 that it is going through a major modernization effort that will include new tax ID numbers being issued for General Excise and Transient Accommodation tax filings. Details can be found at http://tax.hawaii.gov/.
Please consult with your tax advisor if you have any questions.