View Single Post
Old 11-28-2018, 10:23 PM   #7
Red apple
Senior Member
Join Date: Dec 2010
Location: Laconia
Posts: 101
Thanks: 60
Thanked 16 Times in 14 Posts

Originally Posted by TiltonBB View Post
The zoning issue is half the battle for rental home owners.

As soon as you register with the City and acknowledge that you rent your property you will be monitored to be sure that you pay the 9% rooms and meals tax. Approved seasonal operators must file reports for each month of their approved season, even if no tax is due.

What's next? An increase in your assessed value because you are able to rent your property and generate income from it. That will make your property more valuable.

And so it begins...................

The 9% tax letters went out from the state earlier this year. They went on all the rental web sights and then sent letters to all in NH that has a room or house for rent. Even if you had it listed and didnít rent it you got a lovely certified letter from the state...

Sent from my iPad using Winnipesaukee Forum mobile app
Red apple is offline   Reply With Quote