By when must a person file for an owner occupant exemption to take effect next year?

The owner occupant exemption in Hawaii, which allows property owners who occupy their homes to receive a reduction in property taxes, requires specific timeframes for application. To ensure that the exemption takes effect for the following tax year, individuals must file their applications by September 30th. This deadline allows the county assessors enough time to process applications and adjust tax records accordingly before the new tax year begins on January 1st.

Filing by September 30th not only secures the exemption for the upcoming tax year but also helps homeowners avoid losing potential savings on their property taxes. It's important for homeowners to be aware of this deadline to benefit from the tax reduction that comes with being recognized as an owner-occupant.