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Tim Mira and Cory Mira Kauai Real Estate Agents

Tim Mira, Realtor (B) and Cory Mira, Realtor (S) - Kauai

Your Kauai Island Real Estate Team

Aloha and welcome! We are FULL TIME Kauai realtors, Born and raised on Kauai, Knowledgeable not only about Kauai real estate, but about its people, its lifestyle, its limited resources. Committed to YOU, our client!

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Kauai real estate transactions for the month of  February 2019 are reflected on the graph above.  26 Kauai residential homes,  10 vacant Kauai land properties and 21 Kauai condos were sold on  the island of Kauai for the 2nd month in 2019.  The Hanalei district led sales  with 16 transactions, followed by  the Kapaa district with  15 transactions, followed by Koloa and Lihue  with 12 transactions each,   and Waimea with 2 transactions. (See previous blog posts for prior months' statistics)
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Per State of Hawaii Dept of Taxation Announcement no. 2018-14  On December 11, 2017, Ordinance No. 1021 was enacted in Kauai County. Ordinance No. 1021 authorizes the imposition of a county surcharge (CS) on general excise tax (GET) for Kauai County beginning on January 1, 2019 and ending on December 31, 2030at the rate of 0.5%. Sincethe retail GET rate is 4%, the total rate of tax imposed on transactions subject to the Kauai CS is 4.5%................ Rate of Tax Visibly Passed on to CustomersGET is levied on the gross receipts of a business, including amounts that are passed on andcollected as GET from customers.To account for this imposition, the maximum rate that may be passed on to customers is higher than the statutory rate of 4.5%(4% GET + 0.5% Kauai CS).However, a seller is prohibited by consumer protection law from visibly collecting more than the amount actually owed. The maximum rate that may be visibly passed on in Kauai County is 4.712%.This pass on rate is limited to six decimal placesandis calculated as follows. When the taxes are visibly passed on the gross receipts consist of the price and tax. The price represents 95.5% of the gross receipts and the tax represents 4.5% of the gross receipts. The tax stated as a percent of the price is 0.047120 or 4.712%(4.5% divided by 95.5%). It is important to note that the 4.712% rate is the maximum rate of tax that may be visibly passed on. Sellers may also pass on the tax at the statutory rate of 4.5% or may elect not to visibly pass on the taxat all.  
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Beautifully upgraded 1 bedroom, 1.5 bath ocean front Poipu condo offers the Kauai experience you've been looking for. Highly sought after ground floor units provide abundant open space and direct access to the barbecue grill and pool. Parking is steps from your front door.  Poipu Sands is positioned between the Grand Hyatt Kauai Resort and The Point at Poipu.  Step out through the sliding glass doors, walk on the grass towards the ocean and find the coastline sidewalk.  The walk way fronts the Grand Hyatt Kauai Resort and will take you to  Keoneloa Bay, home to the popular, Shipwrecks Beach. In the evening, take a stroll to the Hyatt for dinner and music.   This unit is on the ground floor of Building 4, which is away from Pee Rd.  Poipu Beach Park is a short drive away.  Also close to Poipu Shopping Village and The Shops at Kukuiula.  Two farmers' markets nearby:  Koloa Farm'ers Market on Mondays at noon and Kauai Culinary Market on Wednesdays at 3:30pm. For more info and pictures, MLS 625591
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