The X’s and O’s Behind the Homestead/Long-Term Rental Exemptions

Montana Revenue Director Brendan Beatty joins Voices of Montana to walk us through the new homestead and long‑term rental reduced‑rate programs, who qualifies, and how to apply, stressing the March 1 application deadline, which was extended to March 20 shortly after the live airing of this radio show.

We also learn more about mill assessments, rising property valuations, and the legislative efforts to mitigate dramatic increases in assessed taxes. NOTE: The Revenue Department has extended the sign-up deadline to apply for the lower tax rates from March 1 to March 20.