Gianforte signs second-home tax - Montana Free Press
Summary
Montana has enacted a new tax on second homes. Hosts with properties in Montana should familiarize themselves with the specifics of this new tax law and ensure they are compliant to avoid penalties.
Key Insights
- •Gianforte has signed a second-home tax.
Action Items
- ✓Hosts should review the details of the new tax law to understand how it impacts their Montana properties.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to comply with the new second-home tax law could result in penalties.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM