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.
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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