Co-owning a piece of Hawaii paradise is a dream, but what happens when the business partnership honeymoon ends? Whether your partner wants to cash out for a llama farm in Peru or you simply disagree on the property’s future, splitting up a real estate investment doesn’t have to mean going to war.
If you cannot agree, Hawaii courts may force a “Partition Action” (Hawaii Revised Statutes Chapter 668), selling your property for less than market value. That is the financial equivalent of setting a pile of cash on fire.
There is a better way. In this video, I break down the “Appraisal Plus” framework to keep you out of court and protect your equity:
Valuation: Hire neutral, third-party appraisers (Skip the Zestimate!).
Buy-Out First: Give each partner the right of first refusal.
Contribution Audit: Reimburse for documented capital contributions before splitting profits.
The Taxman: Understand HARPTA (7.25% withholding for non-residents) and potential 1031 Exchanges.
As Jason Wong, Principal Broker at Island Dragonfly with over 22 years of experience, I specialize in resolving these complex transitions. Holding an MBA and professional real estate license (#RB-22819), my goal is to ensure your exit strategy is fair, civil, and profitable.
Ready to run the numbers and protect your investment in Oahu or across Hawaii? Let’s get you dissolved, paid, and moving on.
Contact Me:
🌐 Personal Website: https://jasonwong.us
🏢 Firm Website: https://islanddragonfly.com
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