The meeting was held on June 15th at Honua Studios. There were 12 in attendance, including a number of new faces. Local Kona attorney J. Porter DeVries was the guest speaker. Porter took some time to discuss the differences between LLCs and S-Corporations and the ramifications of organizing as each type of entity. He also talked about zoning considerations, as well as creating condominium property regimes. There were a number of questions from the group, including some of the laws regarding long-term rentals. Roy Dollwet presented a deal analysis of the first rental property he purchased, complete with rental income and capital appreciation. Leiola Augustine gave the market update and Bruce Pratt shared some of the real estate information that has been in the news.
The following link will give you access to the meeting files for the month: