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National Law Review
National Law Review
7/23/2026
Let me rewrite this headline following the rules. The original is about Rhode Island's "Taylor Swift Tax" on vacation homes.

Let me rewrite this headline following the rules. The original is about Rhode Island's "Taylor Swift Tax" on vacation homes.

Original: What the Taylor Swift Tax Means for Your Rhode Island Vacation Home

Short summary

Effective July 1, 2026, Rhode Island's Non-Owner Occupied Property Tax Act (dubbed the 'Taylor Swift Tax') imposes a $2.50-per-$500 tax on residential properties assessed above $1 million that are not owner-occupied, potentially affecting over 8,000 properties. Owners can avoid the tax by residing in or renting the property for more than 183 days per year. The article also highlights broader multi-state estate and property tax planning considerations for owners of vacation homes across state lines.

  • Rhode Island's Non-Owner Occupied Property Tax Act takes effect July 1, 2026, taxing non-owner-occupied homes above $1M
  • Tax rate is $2.50 per $500 of assessed value above $1M; exemption available if owner resides or rents for 183+ days/year
  • Article covers multi-state estate and property tax planning implications for vacation home owners

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