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California Residents Most Impacted by Montana’s Property Tax Change

In 2021, second-home purchases accounted for up to 20 percent of all home sales statewide, Realtor.com data show.

Californians who own properties in Montana stand to shoulder a heavier tax burden as a result of a new bill which will increase property taxes on second homes in the state, while offering relief to primary residence’s owners and long-term rentals.

For Californians who own second homes in Montana, this could mean much higher property tax bills. Their properties, under the new legislation, will be taxed at a flat 1.9 percent on their full value.

 

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