Second homes, rentals in New Hampshire could pay thousands more in effort to alleviate high property taxes, housing shortage - Concord Monitor
Summary
New Hampshire is considering raising taxes on second homes and rentals to combat high property taxes and address the housing shortage. This could significantly impact the profitability of short-term rentals in the state, potentially adding thousands in costs. Hosts should carefully review their financial projections.
More from Regulations & Compliance
Kelowna, B.C., will be able to opt out of short-term rental rules this summer. This decision grants local autonomy over STR regulations. The impact means hosts in Kelowna may face different rules compared to other areas, potentially affecting their operations.
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