Hawaii Property Tax on LLC

If the LLC is the title holder of real estate, the LLC receives a property tax bill. Quite normal.

Or are you asking something else?

The real question (sorry, I wasn't precise enough) is, is an LLC disregarded for property tax purposes in Hawaii?

The LLC will receive the tax bill and pay it.

Then the LLC will be a disregarded entity for everything, right?

Well, I don't know. That's why I asked the question.

LOL. I guess I still don't understand your question.

I don't see Hawaii as any different than California or anywhere else in this regard.

The LLC is a separate entity. It receives income and pays bills, from its separate bank account. A property tax bill is sent to the LLC and paid by the LLC.

The LLC keeps separate books.

How the LLC appears on tax returns is the same. It goes on Schedule C or schedule E, right?

But my issue is with property tax, not income tax.

Stuart, I am in Massachusetts. I have an LLC, formed to own a piece of rental property. Everything about the LLC flows to me, i.e. my personal tax return reports a normal schedule E. Property tax is paid from the LLC acct. My state taxes the property the same as for any owner, in this case the bill gets sent to my LLC at my address.

What, specifically, is your concern? The assessors office sends the bill to the owner of record, the LLC. I can't imagine this changes by state.

I guess I really don't understand your question.

If an LLC owns real property in Hawaii, it is the LLC that receives and pays the real property tax bill. Just like in California.