2026 Long-Term Rental Tax Reduction FAQs

Property owners who rent out their homes to long-term tenants for at least seven months in a calendar year may qualify for a reduced property tax rate in 2026. These FAQs explain eligibility and how to apply.

For a summary of 2026 property tax rates and qualifying property types, visit our 2026 Property Tax Information for Homesteads and Long-term Rentals page.

Looking for information about reduced tax rates on primary residences?

Visit the 2026 Homestead Reduced Tax Rate FAQs page.

Eligibility & Application

No. You must pay all delinquent and current property taxes on a long-term rental for it to be eligible for the reduced property tax rate.

The rental must be occupied by tenants for at least seven months in a single calendar year. Time spent just listing the property does not count.

Yes. These ownership types are not eligible for the homestead reduced tax rate, but they may qualify for the long-term rental reduced tax rate.

Special Property Situations

You must file two applications:

  • One homestead application for the unit you live in.
  • One long-term rental application for the unit you rent out.

In both cases, the second unit will be taxed at the standard 1.90% rate.