At Hawaii Tax Lady, we specialize in helping Airbnb hosts, vacation rental owners, and property managers across the Hawaiian Islands navigate the complex world of rental taxes and bookkeeping. Whether you rent out one condo in Waikiki, multiple properties on Maui, a beach house on the Big Island, or a vacation home on Kauai, we make tax compliance simple so you can focus on earning income and sharing aloha with your guests.
Hawaii’s short-term rental market comes with unique rules and taxes that many owners find confusing. Our local team provides expert guidance tailored to Hawaii’s specific requirements.
Why Vacation Rental Owners Trust Hawaii Tax Lady
Managing a vacation rental or Airbnb in Hawaii involves more than just collecting rent. You must comply with federal taxes, General Excise Tax (GET), and Transient Accommodations Tax (TAT) — plus track cleaning fees, booking platform fees, and seasonal income.
We help owners avoid costly mistakes and maximize legitimate deductions.
Our Vacation Rental & Airbnb Tax Services Include:
- Accurate Tax Preparation
- Schedule E (Supplemental Income and Loss) for rental properties
- Coordination with your personal or business tax return (Form 1040 or 1120S)
- Proper reporting of short-term vs. long-term rental income
- GET & TAT Compliance
- Registration for General Excise Tax (GET) license (Form BB-1)
- Monthly, quarterly, or annual Form G-45 filings
- Transient Accommodations Tax (TAT) calculation and filing (usually 10.25% or higher depending on county)
- Correct handling of “visible pass-on” amounts and cleaning/service fees
- Professional Bookkeeping
- Separation of rental income, cleaning fees, platform commissions, and expenses
- Accurate tracking of occupancy rates and seasonal cash flow
- Reconciliation of Airbnb, VRBO, and other booking platform statements
- Tax Planning & Deductions
- Maximizing depreciation on furniture, appliances, and property improvements
- Home office deductions (if you manage properties from home)
- Strategies for short-term rental averaging rules and material participation
- Year-round planning to reduce overall tax burden
- Business Structure & Setup
- Guidance on holding rentals in an LLC or S-Corporation
- EIN registration and proper entity elections
- Help transitioning from Schedule E to business tax returns when beneficial
- Tax Resolution
- Assistance with GET or TAT penalties, back taxes, or audits
Common Challenges We Help Airbnb & Vacation Rental Owners Solve
- Understanding the difference between GET (gross receipts tax) and TAT
- Properly “passing on” taxes to guests without violating consumer protection rules
- Tracking and reporting income from multiple platforms (Airbnb, VRBO, Booking.com)
- Handling county-specific rules (Honolulu, Maui, Hawaii, and Kauai counties all have slightly different requirements)
- Managing the 90-day rule and other short-term rental restrictions in certain areas
Get Peace of Mind for Your Vacation Rental Business
Whether you’re a first-time Airbnb host or manage a portfolio of properties, Hawaii Tax Lady delivers personalized service with the local expertise you need. We combine accurate tax filing, proactive planning, and reliable bookkeeping — all in one convenient place.
We offer flexible options: fully online through our secure TaxDome portal (snap photos and upload documents easily), or in-person meetings on your island.
Ready to simplify your Airbnb and vacation rental taxes?
Contact Hawaii Tax Lady today for a free consultation. Let us handle the numbers while you enjoy the rewards of owning property in paradise.
We proudly serve vacation rental owners throughout Oahu, Maui, the Big Island, Kauai, and all Hawaiian Islands.
At Hawaii Tax Lady, we take the stress out of rental taxes — so you can focus on hosting with aloha.