2026 Long-Term Rental Tax Reduction FAQs

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

“Current” means:

• All past property taxes are paid.
• For 2025 taxes, you must have paid in full or made the first-half payment.

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

Yes. These ownership types are eligible for the long-term rental reduced tax rate. They are not eligible for the homestead reduced tax rate.

You must file two applications:

• Application 1: The homestead application to enroll the unit you live in (unless you were automatically enrolled by receiving the 2025 property tax rebate).
• Application 2: The long-term rental application to enroll the unit(s) you own but rent to tenants.