Re: Prepaying State and Federal Taxes on Sale of I...
Level 15

Investors & landlords

For federal taxes, it's a fair bet your taxes on the gain (and do include recaptured depreciation as "a part of" the gain) will be 25% or less. So if you pay the IRS 25% of the gain right now at, then come tax filing time you'll be fine.

In the state of Hawaii your gain will be taxed at a max of 8.25%.  Since you had to register as a landlord in Hawaii for the GET and other taxes, start at to see what methods are available to you for online payment of state taxes so you can determine which is best for and most applicable to your situation.


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