Buying Mammoth Lakes Property - 
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  • The Property Tax Rates in Mammoth Lakes and the surrounding communities are calculated by the Mono County Tax Collector's Office and are approximately 1.1% of your purchase price, divided into two payments per year (due in December and April).

  • Mammoth Lakes Condo Owners that want to conduct short-term Nightly Condo/Vacation Rentals of their property for periods less than 30 days, will be required to obtain a Business License from the Town of Mammoth Lakes for TOT (Transient Occupnacy Taxes), which are typically 13% of the nightly rental rate, paid up front by your rental guest. This permit can easily be obtained during escrow in your due diligence period, so your Nightly Rental License will be ready when you close escrow.

  • Mammoth Nightly Rental Condo Owners will also need to carry a basic Liability Insurance Policy and/or an H-06 Condo Insurance Policy. Here is a link to some Mammoth Lakes Insurance Companies.