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Tip of the Day with Tracey Stott Kelley

What is Depreciation?
Tracey shares a briefly discussion on What is Depreciation?
What is Residential-A?
Tracey describes what Residential-A means for Tax reasons.
Selling a Personal Residence vs a Second Home or an Investment Property.
Tracey explains the difference between a personal residence, a second home, or an investment property.
Seasoning of Funds.
Tracey shares a helpful tip on how to prove that your funds for a downpayment when ready to purchase, have been seasoned for 60-90 days.
Issues to be aware of with Owner-Builder Permits.
Tracey addresses the issues you may have if you get a permit under Owner-Builder Status.
Can a married couple claim two places of residency?
Tracey shares a perfect example on how to make this possible.
Filing for Home Exemption before Tax Year
Tracey tells you how to sign up for a home exemption so that you get the tax advantage as an owner occupant.
Have a file documents of Home Improvements
When you own a home, there are tax advantages for documenting the capital improvements when you sell. Tracey talks about a simple method that can make this easier even if you have owned a home for decades.
Selling on Oahu when your residence is on the mainland.
Tracey discusses when you are an out of state resident and you sell a property on Oahu, there are fees collected upfront for capital gain taxes.
Selling with a POA when you have a Trust.
Tracey touches on the fact that not all Trust allow POAs.
VA offers + non-allowables
Most offers we are seeing now do not have the seller paying the buyer non-allowable costs, which was quite prevalent years and years ago.
Paying Taxes on a Hawaii Rental Property
Tracey describes that taxes the Hawaii investment property owners must pay.
Owning a Home in the Name of a Trust
Tracey describes the need to have a bank account in the name of a trust to sell the home.
Exclusions when spouse has passed.
Tracey describes the amount of time you have after a spouse dies to still claim capital gains tax exclusion.
Association Fees
Association fees are not always charged in January.
Survey
A survey refers to the process of locating and measuring a property's boundary lines.

Quick Pick Newsletter

Quick Pick Newsletter: Manoa Falls
Quick Pick Newsletter: Rental Car Shortage
Quick Pick Newsletter: Mauna Loa
Quick Pick Newsletter: Airline Shut Down
Quick Pick Newsletter: Kaimalino
Quick Pick Newsletter: Lokahi Brewing Company
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Quick Pick Newsletter: Hanahuma Bay Restoration.
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Quick Pick Newsletter : Honu Hatching

Fun Fact Friday

Fun Fact Friday: Night Marchers
Fun Fact Friday: Spam
Fun Fact Friday: Coral Reefs
Fun Fact Friday: Surfing
Fun Fact Friday: Trouble
Fun Fact Friday: Luaus
Fun Fact Friday: Hula Dance
Fun Fact Friday: Superstitions
Fun Fact Friday: Socks off.
Fun Fact Friday: How to wear a flower in Hawaii?
Fun Fact Friday: Kapu
Fun Fact Friday: Chickens
Fun Fact Friday: Island Flowers
Fun Fact Friday: Box Jellyfish
Fun Fact Friday: Hawaii's State Bird
Fun Fact Friday: Dolphins
Fun Fact Friday: Humpback Whales
Fun Fact Friday: Mongoose
Fun Fact Friday: The Hawaiian Monk Seal.
Fun Fact Friday: Hawaiian Flag.
Fun Fact Friday: Snakes.
Fun Fact Friday: First Public Library
Fun Fact Friday: Triggerfish
Fun Fact Friday: The world’s largest wind generator.
Fun Fact Friday: Astronauts in Hawaii?
Fun Fact Friday: Captain J. Cook
Fun Fact Friday: Life Expectancy & Overweight
Fun Fact Friday: Milkshakes and Sharks
Fun Fact Friday: Birds & Billboards
Fun Fact Friday: Does Hawai'i Have a Thanksgiving Tradition?
Fun Fact Friday: I'olani Palace.
Fun Fact Friday: Origin of "Hawaii"
Fun Fact Friday: Duke Kahanamoku
Fun Fact Friday: Water Temperature
Fun Fact Friday: Real Poke
Fun Fact Friday: The cheapest listing on Oahu
Fun Fact Friday: The State Flower.

Another Day in Paradise

Another Day In Paradise: H3
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Another Day In Paradise: Crouching Lion Hike
Another Day In Paradise: Hu'ula.
Another Day In Paradise: Shark Cove
Another Day In Paradise: North Shore
Another Day In Paradise: Waimanalo.
Another Day in Paradise: Having Fun
Another Day in Paradise: Surfing
Another Day in Paradise: Kaneohe
Another Day in Paradise: Just Chillin"
Another Day in Paradise: Ka'ena Point
Another Day in Paradise: Hanauma Bay
Another Day in Paradise: Waikiki Beach
Another Day in Paradise: Makapu'u Tide Pools
Another Day in Paradise: Makapuh'u
Another Day in Paradise: Koolina
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Holidays

Happy Memorial Day 2021
Happy Cinco de Mayo
Happy St. Patrick's Day
Happy New Year 2021
Merry Christmas
Black Friday Facts
Happy Veterans Day
Happy Halloween
Current Oahu Homes for Sale
Area # Price Range
Central Oahu 44 $229k - $2.8m
Ewa Plain 73 $330k - $5.3m
Diamond Head 156 $180k - $27.0m
Hawaii Kai 47 $515k - $15.9m
Kailua 70 $398k - $15.6m
Kaneohe 80 $89k - $13.0m
Leeward Coast 98 $109k - $4.5m
Makakilo 31 $170k - $10.0m
Metro Honolulu 985 $39k - $20.0m
North Shore 90 $199k - $45.0m
Pearl City 67 $88k - $1.8m
Waipahu 23 $280k - $2.9m
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July 2021 Email Update

Governor David Ige issued his 21st emergency proclamation on 6/7/2021 extending the eviction moratorium through 8/6/2021.  The governor announced that he intends to end the eviction moratorium when this emergency proclamation expires ...

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