I shopped at Times Supermarket this morning and this sign caught my eye. It's great that Times and the City and County of Honolulu work together to inform owner occupants about the tax credit. If you're not familiar with the property tax credit, please continue reading!
Criteria for obtaining the Property Tax Credit:
- Real Property Tax home exemption must be in effect when the credit is applied for.
- Owner(s) cannot own any other real estate, anywhere.
- Combined income of all titleholders cannot exceed $60,000.
- None of the taxpayers have violated Revised Ordinances of Honolulu Section 8-13.5 (Penalties relating to the County Tax Credit) by filing a false application or attesting to any false statements with the intent to defraud the