1. DC - 15.95% 2. Connecticut - 15% 3. Hawaii - 14.25% 4. Vermont - 12% 5. Maine - 9% 6. New Hampshire - 8.5% 7. Arkansas - 8.5% 8. Delaware - 8%
Assuming there's additional nuance here with states like California and Alaska handling taxation at local levels, but what are you all hearing in your neck of the woods?
Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
2y
This is just the states portion correct? Pinellas county FL for example is 13% with 7% going to FL and 6% going to County. Just curious if Vermont is getting 12% and then the county or city is adding to it?
This is just the states portion correct? Pinellas county FL for example is 13% with 7% going to FL and 6% going to County. Just curious if Vermont is getting 12% and then the county or city is adding to it?
Great question Andrew. Yes, Vermont towns have the option for a 1% local options tax in addition to the 12% combined tax above.
This is just the states portion correct? Pinellas county FL for example is 13% with 7% going to FL and 6% going to County. Just curious if Vermont is getting 12% and then the county or city is adding to it?
Great question Andrew. Yes, Vermont towns have the option for a 1% local options tax in addition to the 12% combined tax above.
Oh ok so it could still be cheaper than FL where it is combined 13%. Interesting
Real Estate Agent · Colchester, VT · Member since 2023 · 16 posts · 6 votes
2y
Many STR owners, hosts, and property managers fought this. It's so unfriendly towards many local Vermonters who use STRs as a way to supplement their mortgage payments, since the state has high taxes across the board. A great resource is VTSTRA (VT short term rental alliance) and I highly recommend checking out their advocacy guide if you're an owner in VT.