Combined rate and how to defer it in Hawaii.
Hawaii's 11.00% capital gains rate is the second highest in the country, pushing the combined figure for investment property to 34.8% (20% federal + 3.8% NIIT + 11.00% state). The views are exceptional; the tax bill is less so.
Hawaii taxes capital gains at up to 11.00% at the state level, on top of federal. Use the capital gains tax calculator to model the full estimate, including depreciation recapture.
A 1031 like-kind exchange defers the combined 34.8% rate by reinvesting all proceeds into a replacement property. Model it in the 1031 exchange calculator and track your deadlines with the timeline calculator.