NH Real Estate Taxes

[John Mercier]

Originally Posted by garysanfran

As towns limit the amount of vacation rentals, this will continue.

The localities have little power on the issue.

Which is why DeSantis is making a proposal were all the property taxes would be moved toward those properties and thus make them worthwhile for the localities to harbor.

Currently, local residents feel that the costs are being socialized and the revenue is being privatized.
Under their limited empowerment, removing the STRs increases the value of re-establishing hotel, motel, cottage colonies, etc.

DeSantis' proposal changes that thinking around.