A new Arizona law prohibits landlords from charging residential renters a sales tax as of Jan. 1.Renters who believe their landlord is still charging the tax should contact their landlord or the Arizona Department of Revenue.Tenants can also file a consumer complaint with the Arizona Attorney General’s Office or pursue legal action.Residential tenants in Arizona…
Attorney General Kris Mayes says she’s investigating multiple complaints that landlords are still charging tenants a rental tax, despite a new law banning cities and towns from levying it.The Republican-backed law took effect on Jan. 1. Since then, Mayes says her office has fielded complaints from tenants whose rent hasn’t declined accordingly, allegedly because some…
The Arizona Republic and azcentral.com are investigating whether landlords are following state law and giving a tax break to Arizona renters — and we need your help.Starting Jan. 1, cities and landlords were no longer able to charge a sales tax on residential rental units, homes like apartments and others that are occupied on a…
Most Arizona renters will see a slight decrease in their monthly payments now that a new law outlawing taxes on rent is in effect. Why it matters: Housing and rent prices have skyrocketed over the … See the full article on Arizona tax laws, or, read more Arizona real estate investing news. It’s your call!
PHOENIX — Multiple new Arizona laws went into effect when the calendar turned to 2025, including several designed to ease economic burdens. One of the most impactful laws is one that prohibits municipalities from collecting transaction privilege taxes on rental properties. As a result, renters in dozens of cities across the state, including Phoenix and…
Laura DiFiglio, CFP, ChFC, a financial advisor with Northwestern Mutual, explained what this new law means … rise in property taxes has forced some people to relocate, but Arizona has a solution … See the full article on Arizona tax laws, or, read more Arizona real estate investing news. It’s your call!
Arizona rental tax ban could affect cities Come Jan. 1, Arizona’s TPT rental tax will no longer be collected, in a move that could save some renters money. But as FOX 10’s Lindsey Ragas reports, some cities could feel the pain from this new law. PHOENIX – Starting on Jan. 1, 2025, Arizona cities will…
Starting on Jan. 1, property owners will be expected to stop collecting the residential rental tax. TPT licenses with the Arizona Department of Revenue that only have the residential rental code will … See the full article on Arizona tax laws, or, read more Arizona real estate investing news. It’s your call!
Arizona lawmakers spearheaded the tax ban in order to address the rising costs of housing. PHOENIX — Tenants in Arizona may get some financial relief in the new year once the state repeals the transaction privilege tax for rental properties. Starting on Jan. 1, property owners will be expected to stop collecting the residential rental…
YUMA, Ariz. (KYMA, KECY) – Voters in Arizona have passed a law allowing property owners to receive a tax refund if the city does not enforce laws or ordinances tied to public nuisances. Proposition 312 allows for this tax refund to happen, however, some are in favor of the new law, while others say the tax…