2015 MF's

[rfc0001]

Can any of these fees be a tax write off, such as the real estate tax?

Just the real estate taxes.

 

[jsfletch]

I was so excited to learn that the Hawaiian Hilton lagoon tower is going to install Toto washlets based on the request of our Japanese owners. Also, anyone have a take on the legal action against a contractor and former board member?

 

[aamista]

Karen Ave. 1 Bdrm

Maintenance Fee and Tax Breakdown
Description Due Date Balance
2015 Operating Fee 01/01/15 $445.25
2015 Reserve Fee 01/01/15 $168.01
Real Estate Taxes 01/01/15 $22.71
Total Current Balance: $635.97
Voluntary Arda Roc $5.00
Total Current Balance: $640.97

(Note: Add $140 for club dues. Ours are charged against our Flamingo week.)

i checked 2014 fees... is it the same? if so is normal?

2014 fees from old post here on TUG
Las Vegas Karen Ave One Bedroom Platinum - 4800 points

2014 Operating Fee $449.15
2014 Reserve Fee $163.92
Real Estate Taxes $ 22.18
Total Current Balance: $635.25

 

[JSparling]

KL Phase 2 posted - a 2.7% increase. We own a basic 2BR.

Operating - $1,191.03
Reserve - $160.68
RE Tax - $75.60
GE Tax - $56.31

Total - $1,486.62

 

[Jason245]

Bay Club 1 BR

Operating 893.32
Reserve 156.89
RE tax 60.74
HI GE tax 43.75

 

[jsparents]

Mar Brisa 1 Bedroom Platinum EOY 6200 points:

Assessments $339.60
Capital Reserves $ 51.96
Property Tax $143.57
Total $535.13

I pay my membership of $140 under another contract.

Included in bill was assessments for other units as follows for those who are wondering: **These amounts DO NOT include property tax**

Studio $662.20
1 bdrm $783.11
2 bdrm $884.67
3 bdrm $934.44
2 bdrm lux $949.32

 

[nlehvac]

You pay it every year. I also have an annual and eoy at gpp.

Hmm. I have an EOY at KL and just got my 2015 invoice that only has the membership fee --- no maintenance. And that's what I remember from when I bought it at the end 2012. Did an invoice get lost? Yet to come?

 

[frank808]

I pay my KL maintenance eoy unit in the use year. I was referring to op and my GPP units maintenance fee schedule which is paid half every year.

 

[vacationbear]

2015 MF for Phase 1

Nice of them to post a notice :annoyed:
Just posted --

KL1 2bdrm:
2015 Operating Fee $1,312.36
2015 Reserve Fee $193.75
Real Estate Taxes $91.17
2015 Hawaii Ge Tax $62.74
Subtotal: $1,660.02
2015 Club Dues $140.00
Voluntary Arda Roc $5.00
Total: $1,805.02

KL2 2bdrm:
2015 Operating Fee $1,191.03
2015 Reserve Fee $160.68
Real Estate Taxes $75.60
2015 Hawaii Ge Tax $56.31
Subtotal: $1,483.62
2015 Club Dues $140.00
Voluntary Arda Roc $5.00
Total: 1,628.62

Yes

Hm- I am about to close on a KL1, 12600 points 2bd+.
I see the previous owners statement for 2015 and it shows a higher amount:
2015 Operating Fee $1,504.38
2015 Reserve Fee $246.09
Real Estate Taxes $115.79
2015 Hawaii Ge Tax $72.92
Subtotal: $1939.18 and not $1,660.02

Why the difference? Aren't all 2bd created equal for MF?

 

[Helaine]

2015 Fiesta Americana MF

Fiesta Americana - Cabo San Lucas

Platinum 1 Bedroom - 4800 points.

2015 Annual Maintenance Fee: $851.04 plus Club Dues

 

[Cyberc]

Hm- I am about to close on a KL1, 12600 points 2bd+.
I see the previous owners statement for 2015 and it shows a higher amount:
2015 Operating Fee $1,504.38
2015 Reserve Fee $246.09
Real Estate Taxes $115.79
2015 Hawaii Ge Tax $72.92
Subtotal: $1939.18 and not $1,660.02

Why the difference? Aren't all 2bd created equal for MF?

Hi

Normally the same sizes costs the same at the same resort.

Maybe it's because yours is a 2br+ and maybe they cost a bit more in MF compared to a 2br non plus. I'm only guessing.

Regards.

 

[SmithOp]

Hm- I am about to close on a KL1, 12600 points 2bd+.

I see the previous owners statement for 2015 and it shows a higher amount:

2015 Operating Fee $1,504.38

2015 Reserve Fee $246.09

Real Estate Taxes $115.79

2015 Hawaii Ge Tax $72.92

Subtotal: $1939.18 and not $1,660.02



Why the difference? Aren't all 2bd created equal for MF?

Mine matches $1660.02, plus the $5 ARDA. Make sure you are buying a 2 BR, the 3BR standard is 12,600 also with a higher annual fee.

Sent from my iPad using the strange new version of Tapatalk

 

[vacationbear]

Mine matches $1660.02, plus the $5 ARDA. Make sure you are buying a 2 BR, the 3BR standard is 12,600 also with a higher annual fee.

Sent from my iPad using the strange new version of Tapatalk

Thanks Dave!
I now know what happened: While I signed-up for a 2bd+, the Hilton estoppel and deed indicated that it is a 3bd...

This certainly validates the higher rate.

I'm just glad that I read the fine print of the closing docs.

 

[SmithOp]

Thanks Dave!

I now know what happened: While I signed-up for a 2bd+, the Hilton estoppel and deed indicated that it is a 3bd...



This certainly validates the higher rate.



I'm just glad that I read the fine print of the closing docs.

Thats still a nice point package, you could do almost 3 weeks in a 1 br phase 2 during gold season. We like to go in May, I have the 8700 gold 2br+.

HGVC puts a premium price on the high point platinums, I've been trying to trade mine in for the 1br 12.6k but they wont come down on price, I got them up to 40k bonus points though.


Sent from my iPad using the strange new version of Tapatalk

 

[vacationbear]

Thats still a nice point package, you could do almost 3 weeks in a 1 br phase 2 during gold season. We like to go in May, I have the 8700 gold 2br+.

HGVC puts a premium price on the high point platinums, I've been trying to trade mine in for the 1br 12.6k but they wont come down on price, I got them up to 40k bonus points though.


Sent from my iPad using the strange new version of Tapatalk

Dave
Now that's a good point!
Per Judi's web page there is indeed a 1bd, 12600 point TS! I was not aware of it. MF a click over $1300. What a deal! Asking price is super high (~$30k) compared to the 2bd which one could get for ~$19k.
Simple math: 11k saved in purchase cost / $300 in yearly savings = 36 years to recoup the higher purchase cost. Not worth it unless one could buy one for well below $30k.

Now that my current deal is dead I might as well for look 14400 points which would get us at or above the 19th floor of the new GI. And that's a real draw for us!

Cheers
Frank

 

[rfc0001]

Hm- I am about to close on a KL1, 12600 points 2bd+.
I see the previous owners statement for 2015 and it shows a higher amount:
2015 Operating Fee $1,504.38
2015 Reserve Fee $246.09
Real Estate Taxes $115.79
2015 Hawaii Ge Tax $72.92
Subtotal: $1939.18 and not $1,660.02

Why the difference? Aren't all 2bd created equal for MF?

Sorry for the delay. AFAIK, all 2bdrms should be the same, thus your best value for MF/pt. is a Premier Platinum season.

Thanks Dave!
I now know what happened: While I signed-up for a 2bd+, the Hilton estoppel and deed indicated that it is a 3bd...

Shenanigans...Sounds like Redweeks4less MO.

Dave
Now that's a good point!
Per Judi's web page there is indeed a 1bd, 12600 point TS! I was not aware of it. MF a click over $1300. What a deal! Asking price is super high (~$30k) compared to the 2bd which one could get for ~$19k.
Simple math: 11k saved in purchase cost / $300 in yearly savings = 36 years to recoup the higher purchase cost. Not worth it unless one could buy one for well below $30k.

Now that my current deal is dead I might as well for look 14400 points which would get us at or above the 19th floor of the new GI. And that's a real draw for us!

Cheers
Frank

With HGVC, given the home week reservation is very limited (since it's unit type specific not just season/resort specific), it's a) not very useful, and b) because of a, there isn't ever a problem booking the resort you want at 9 months. As a result, just buy the contract with lowest $/pt. and MF/pt. See MF/pt. analysis of 2014 MFs.

 

[vacationbear]

Sorry for the delay. AFAIK, all 2bdrms should be the same, thus your best value for MF/pt. is a Premier Platinum season.Shenanigans...Sounds like Redweeks4less MO.With HGVC, given the home week reservation is very limited (since it's unit type specific not just season/resort specific), it's a) not very useful, and b) because of a, there isn't ever a problem booking the resort you want at 9 months. As a result, just buy the contract with lowest $/pt. and MF/pt. See MF/pt. analysis of 2014 MFs.

Ah- thanks for that link! We useful, even when not quite listing all room and points combination (e.g. Lagoon, 8400 points have the same MF as the 7000 point room)

 

[PassionForTravel]

2015 Bay Club 2bd Platinum 7000 points EOY Odd

Just realized that no one has posted this. Paid every other year.
Operating Fee $1086.09
Reserve Fee $211.79
Real Estate Taxes $81.99
Hawaii GE Tax $54.07
-----------
Total $1438.94

 

[MattnTricia]

Hilton Coylumbridge - Affilliate

I just paid my maintenance fees on my 6 units.

All units are 7000 point hgvc conversions.
Lodge 02 Week 43 £463.93
Lodge 06 Week 22 £463.93
Lodge 10 Week 23 £463.93
Lodge 11 Week 23 £463.93
Lodge 14 Week 21 £463.93
Lodge 18 Week 11 £541.08

Total Maintenance Fees £2860.73

Card Commission @ 3% £85.82

Total Payment to be taken £2,946.55

In a nutshell this equated to $710 for 5 of my weeks and $827 for my 6th week. This included the credit card commission and my HGVC club dues.

Although these maintenance fees are about $100 per year higher than when I first bought 7-8 years ago I still think this is the best bargain around for HGVC points.

 

[TheWizz]

Grand Pacific Palisades 1BR and 2BR in HGVC

Here are my fees for a 1BR and 2BR GPP TS converted to HGVC:

1BR+ Platinum = 6,200 HGVC Points
- Assessments = $749.04
- Capital Reserves = $139.82
- Property Tax = $80.28
- HGVC Membership Fees = $140.00
Total = $1,109.14

2BR+ Platinum = 8,400 HGVC Points
- Assessments = $777.05
- Capital Reserves = $156.79
- Property Tax = $177.37
Total = $1,111.21

What's interesting to me is how close the assessment fees are now between a 1BR and 2BR at GPP.

 

[MyElderlyAuntNeedsHelp]

Seaworld 2 bed platium 7000 point
Orlandon vacation suites II



2015 Operating Fee $639.23

2015 Reserve Fee $181.98

Real Estate Taxes $174.48

Total Current Balance: $995.69

Voluntary Arda Roc $5.00

Club dues. $140


Total Current Balance: $1140.69

Hi - My Auntie's service charge was exactly the same for her TS at SeaWorld. I don't suppose you know a quick way to check your points balance with HGVC? Thanks.

 

[SmithOp]

Hi - My Auntie's service charge was exactly the same for her TS at SeaWorld. I don't suppose you know a quick way to check your points balance with HGVC? Thanks.

Unless your Aunt called HGVC and rescued unused points, the prior years are gone - expired. Jan 1st she would have 7,000 available for this year.


Sent from my iPad using the strange new version of Tapatalk

 

[JudyS]

Here are my fees for a 1BR and 2BR GPP TS converted to HGVC:

1BR+ Platinum = 6,200 HGVC Points
- Assessments = $749.04
- Capital Reserves = $139.82
- Property Tax = $80.28
- HGVC Membership Fees = $140.00
Total = $1,109.14

2BR+ Platinum = 8,400 HGVC Points
- Assessments = $777.05
- Capital Reserves = $156.79
- Property Tax = $177.37
Total = $1,111.21

What's interesting to me is how close the assessment fees are now between a 1BR and 2BR at GPP.

The 1BR+ includes the Club dues of $140, whereas the 2BR+ does not. So, the actual MFs (without Club dues) are $969.14 for the 1BR+ and $1,111.21 for the the 2BR+. Still pretty close, but not extremely close.

Without the Club dues, MF/Point are 15.6 cents for the 1BR+ and 13.2 cents for the 2BR+. So, the 2BR+ offers a better MF/Point ratio, but the difference isn't huge.

 

[TheCryptkeeper]

Does anyone have the real estate taxes for West 57th Street for a 5250 point studio? We purchased in December and have not received a statement from Hilton yet.

 

[PassionForTravel]

If you log onto your account and look under "my ownership" you should be able to find the last statement. Also if anything is due it will tell you that as well.

Ian