How Montana’s New Second-home Tax Could Shift Your Property Tax Bill - Flathead Beacon
Summary
This article discusses Montana's new second-home tax and how it could impact property tax bills for those with short-term rentals. Hosts in Montana should review their property tax situation to understand the potential changes and how they might affect their profitability.
Key Insights
- •Montana has implemented a new second-home tax that will likely affect property tax bills.
Action Items
- ✓Review your property tax bill to understand the impact of the new second-home tax.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to understand the tax implications could lead to underpayment of taxes and potential penalties.
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