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City dwellers priced out of owning locally look to vacation and weekend homes as a path to home ownership.
City dwellers priced out of owning locally look to vacation and weekend homes as a path to home ownership.
Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for primary homes. Still, second-home mortgag...
New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.
New York City's new tax targets expensive second homes not used as primary residences. This measure aims to generate significant annual revenue for the city. However, complex own...
Vacation homes are lingering in some markets even as second-home mortgage originations rise, creating more leverage for selective buyers. The post Vacation-Home Mortgages Rise as S...
Those with second homes in the Big Apple could be subject to a surcharge of up to 6.5% of the property’s market value.
The state’s so-called pied-à-terre tax is causing anxiety for homeowners who feel outed by the publication of their addresses. Some say they have only one home.
Rising premiums and insurer nonrenewals are making vacation homes more expensive to carry—and threatening short-term rental returns.
The second home tax would apply to properties assessed at $5 million or more owned by non-primary city residents.
Many of us dream of owning a second home, maybe a peaceful spot in the mountains or a sunny escape by the water. It’s a place where families can gather, a break from the daily grin...
Buying a second home as an investment requires more than checking the property’s purchase price, as acquisition costs, rental income and financing can significantly affect actual r...
Top Takeaways Check your mail and respond immediately. NYC mailed Pied-à-Terre surcharge notices to owners of high-value residences without confirming primary vs. secondary status...
One House, Two Houses or Three? The Changing Tax Story of Home Ownership Owning a house is an emotion. Owning a second house is often called an investment. Owning a third house m...
Tax attorneys and accountants are about to make bank helping owners of non-primary homes navigate New York City’s pied-à-terre tax notifications, which started landing in mailboxes...
Over half of NYC luxury second properties may be exempt from pied-à-terre tax Zachary Whalen Thu, 08/27/2026 - 08:00 Primary Image...
The taxes against secondary homes are facing legal challenges in the nation's most populous city and the smallest state but for different reasons.
Readers, including the president of the Real Estate Board of New York, respond to an editorial that praised the tax. Also: Two psychiatrists, on the need to mourn.
Plaintiffs say the law should not target out-of-state residents who cannot vote in Rhode Island
Roughly 2,000 applications for an exemption from New York City’s new second-home tax have been completed by applicants, according to the city’s Department of Finance. Another 4,800...
Affluent buyers are driving a modest second-home revival after four straight years of declines
The number of UK residential properties sold by overseas individuals fell by almost 9% during the latest tax year, according to HMRC figures obtained by Bowmore Wealth Group. Non-r...
A real estate attorney says the pied-à-terre tax has structural complications for co-ops and condos that brokers need to understand
Some New York City homeowners are arguing that they have been improperly targeted by the tax on high-end second homes, also known as pieds-à-terre.
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