Actually this is just going to be about taxes since that alone is fun enough for one blog post. Before we start, just a reminder that we aren’t tax attorneys, so as with everything else on this blog this is just what we’ve experienced and not advice to you. So what kind of taxes can we expect to pay? If you rent a property and are living there on January 1, you have to pay a habitation tax that covers things like police and fire protection, street lights, road maintenance, and other services that anyone who lives in a community might use. Although it varies around the country, a rule of thumb is that it equals about one month’s rent. The owner of the property that you are renting is also paying a higher amount in property taxes. The third tax on that same piece of property is a daily resort fee of about $1 if it is rented out as a holiday home. Continue reading “Taxes and other fun topics”
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