A 1031 Exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. The the process allows you to defer paying capital gains taxes when you sell an investment property and reinvest the proceeds.
Locally owned and operated, Coldwell Banker Island Properties is proud to be the undisputed leader in neighboring island real estate year after year. In 2022, we helped more people buy and sell on Maui, Hawaii Island, and Kauai as measured by both sales volume and transactions.
Fee Simple means you own the building and the land underneath. In a Fee Simple setting, the buyer purchases the property outright and has the right to use the property indefinitely.
You may have multiple agents and brokerages vying for your business. My advice is to find someone who knows the market, you like and trust, and who puts into play the values of OLD CAR.
Check some of our partnered mortgage lenders.
• Single Family Home
• Single Family Home W/ Ohana
• Condominium Property Regime
• Condominium
The County of Maui views short-term rental (STR) as anything less than 6 months. Before you get too serious about a complex, you will want to confirm if that complex allows STR. If the complex allows STR, it can certainly be rented out long-term or used as a primary residence. However, the inverse is not true. A knowledgeable agent will be your best source of info here as the delineation goes beyond zoning and is driven by the CC&Rs of the complex itself.
Are you looking to buy or sell, want to know the value of your home, thinking of an investment property, or perhaps looking for a second home? Let us help meet your needs and make your dreams come true.