June 2011 
There are 2 blog entries for June 2011.
Makaha Valley Towers in the movies
Monday, June 27th, 2011 at 9:07am. 531 Views, 1 Comments.
A few years ago Matt Damon starred in a movie called "The Informant". It was not a blockbuster, still it's a fun movie to watch. The events portrayed in the movie took place in the 1990's.
At one point the characters decide to have a meeting in Hawaii. The location of the meeting is not mentioned in the movie, however for people who know Makaha it's easy to figure out. They stayed at the Makaha Resort (formerly known as Sheraton Makaha) and golfed at the Makaha West course.
Here are some screen pics from the movie:
Here's a picture of the government spies, following the alleged conspirators. The Makaha Valley Towers are in the background.
Matt Damon tees of while the group watches. You can see the Makaha Valley Towers…
FIRPTA and HARPTA and other issues for investors
Thursday, June 2nd, 2011 at 10:10am. 685 Views, 0 Comments.
What Canadian Buyers Should Know About Buying in Hawaii
Being a Canadian and buying in Hawaii is not a problem. From the purchasing standpoint, if you choose to do your escrow signing in Canada (instead of being in Hawaii), your documents will be notarized at the local consulate, which requires an appointment set in advance.
When you sell, there will be two withholding "taxes" applicable. One is called FIRPTA, a U.S. Federal withholding amounting to 10% of the sale price. The second is HARPTA, a Hawaii withholding of 5% of the sale price. To recap, when you sell, 15% of the sale price will be withheld.
The purpose of the two tax withholdings is to ensure a foreign person files U.S. Federal and Hawaii tax returns and pays capital gains on…