New Property Tax Law Information
Posted by ERA Landmark Real Estate on
Upcoming Tax Changes
Here in Montana, we know how special it is to own a piece of the Big Sky. Whether it’s your family home, a quiet getaway cabin, or an investment property, we believe in being a helpful partner in your ownership journey.
Below is an overview of some changes that could affect residential property taxes across the state. There are two key factors at play: recent legislative changes and the routine statewide property reappraisal.
1. New Legislation for Non-Owner-Occupied Homes
The Montana Legislature recently passed two new laws (House Bill 231 and Senate Bill 542) that will change how certain residential properties are taxed. These changes specifically apply to non-owner-occupied properties, such as:
- Second homes
- Vacation homes …
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