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Do you have to pay property taxes on a vacation home?

Updated: 8/17/2019
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13y ago

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Generally speaking, yes. In the U.S. at least, most, if not every city and/or county assess property taxes and you have to pay the local required property tax on any property you own.

Typically the only consideration with vacation property is that it may not qualify for a homestead exemption in some states in the U.S. In most states, in order to qualify for a homestead exemption that lowers the assessed value and/or real estate tax rate you must own and occupy your property. Check with a local assessor in the state you are considering because the definition of "occupied" or "permanent residence" can vary from state to sate.

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13y ago
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