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Tag Archives: taxes

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Realtors Aren’t Buying Baker’s Plan To Fund Climate Prep With A Property Sales Tax Hike

Whenever you sell property in Massachusetts, the state makes you pay an excise tax. On a $500,000 home, that comes out to just under $2,300. But now Gov. Charlie Baker has proposed increasing that tax to raise another $137 million each year, for the purpose of strengthening the state’s defenses against climate change. “It’s pretty…

January 25, 2019Leave a commentReal EstateBy Carol Coholan-Baker

SHORT TERM RENTAL LAW in Massachusetts

Details on the New Massachusetts Short-Term Rental Law Governor Baker signed into law a bill regulating and taxing short-term rentals. The timeline for implementation of the law will pose significant challenges for Realtors® conducting short-term rentals in 2019. We have assembled a detailed chart highlighting the components of the law as well as some Frequently…

January 4, 2019Leave a commentSummer RentalsBy Carol Coholan-Baker
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