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PeacefulWay t1_iy33kgz wrote

Reply to comment by Vtguy802812 in Why can't vermont tax Airnbn by Old_Ad_1301

To be clear, if a rental property, including a short-term rental, is a second home or otherwise not a primary residence to the owner in Vermont, property tax IS levied at a higher rate.

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Cyber_Punk_87 t1_iy8hlia wrote

Not necessarily. There are two tax rates: homestead and non-homestead. Homestead is primary residence, non-homestead is everything else. Zoning, building type, etc. may effect the valuation of the property, but the tax rate is the same whether it's a second home, Airbnb, hotel, factory, retail space, etc. And in many places, businesses have lobbied to have the non-homestead tax rate be lower than the homestead rate. So second homes and rentals are often taxed at a lower rate...

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