If youâ€™re thinking of buying OR selling a home anywhere in Hawaii (or the US), call me at 808.723.0900 orÂ send an email by clicking hereÂ or to email@example.com. Â I moved 18 times while on active duty, so I know what a PCS move is!
Â ** 2013 Military Basic Housing Allowance (BAH) for Hawaii (NOW Available) ** UPDATED 12/19/2012 (Click HEREÂ for pdf version of 2013 BAH component breakdown for all locations) or use calculators below.
are the rates of tax-free housing allowance (Basic Allowance for
Housing, or military BAH) that are provided to enlisted, warrant officer
and officer military personnel (with or w/o dependents) who are
authorized to reside off base State of HAWAII, for calendar year 2012 or
military members have the choice to live on-base or off-base. So, which
is better? There is no clear answer. It depends on many factors. Here
is a link to the BAH DOD Housing Allowance Calculator for Hawaii
MONTHLY ALLOWANCE: E-7 with DEPENDENTS: $2835.00 E-7 without DEPENDENTS: $2178.00
this calculator and see for yourself if buying makes sense (keeping the
home for 12 years, use an appreciation rate of 6%, which means the
price doubles every 12 years. That is historically true almost
everywhere including Hawaii ): http://realestate.yahoo.com/calculators/rent_vs_own.html
property taxes, it will be about $850 for a $300,000 home (with owner
home exemption). I would use $5000 per year for maintenance costs, 2%
for savings and 3% for inflation.Â â€œYou would save over $100,000 (in
todayâ€™s dollars) by buying a home, rather than renting, over the 12 year
time frame you have entered.â€ Even when I raise the annual maintenance
costs to $6000, or $7000, it still comes out higher.
If you want
to live close to Tripler, choose Aiea, Salt Lake, Moanalua, Pearl City,
Kalihi, Pali, Kakaako, Pauoa Valley, or Punchbowl, those are all within 5
miles. For other locations, call or email for information.
years that you live in a home give you the biggest tax advantage. Also,
if you live in it for 2 out of the previous 5 years, ALL of the gain is
tax free. You may be eligible for additional state or federal tax
credits as well. The 2 years DO NOT have to be continuous.
Aloha, Frank Diaz, MBA (RA) e-PRO Senior Chief, US Navy, Retired East Oahu Realty 808 723 0900 Email: Frank /@/ Hawaiihome.biz