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Rhode Island’s budget plan targets high-end vacation homes — with a proposal nicknamed after a pop star grabbing headlines.
'Taylor Swift Tax' Could Cost Homeowners Six Figures According to the proposal, second-home owners would pay an annual surcharge of $2.50 per $500 of assessed value beyond the first $1 million.
Taylor Swift soon may be required to pay a hefty amount of taxes on her New England home, which is undergoing renovations, if a proposed tax act in Rhode Island goes through. Earlier this month ...
If Rhode Island lawmakers get their way, pop icon Taylor Swift could soon be paying an extra $136,000 a year in property taxes on her Watch Hill mansion. It’s a tiny dent in Swift’s reported ...
Taylor Swift's Rhode Island home is reportedly worth about $28.1 million. If the proposal passes, she would be required to pay about $135,500 in taxes annually.
The conveyance tax would go from $2.30 to $3.75 for every $500, which would be a 63% increase. According to Zillow, the average selling price of a home in Rhode Island is around $492,939.
When Taylor Swift purchased a $25 million mansion in Beverly Hills, it was a strategic tax move that helped her save on property taxes. She could utilize this program by acquiring the historic ...
The conveyance tax would go from $2.30 to $3.75 for every $500, which would be a 63% increase. According to Zillow, the average selling price of a home in Rhode Island is around $492,939.
Taylor Swift has become known globally for her catchy songs and record-breaking concerts. A lesser-known fact about Swift is that she has made some savvy tax moves to ensure that she pays less on ...
The “Taylor Swift tax” would add costs to seasonal or second homes. Another measure would reportedly increase a seller’s fee by 63% overall.
The “Taylor Swift tax” would add costs to seasonal or second homes. Another measure would reportedly increase a seller’s fee by 63% overall.