The oversight is the latest in a series of financial inaccuracies reported by Rob Quist’s campaign…
Montana Democrat and candidate for the state’s at-large congressional seat “has ties to a rental property not listed on state tax rolls,” according to the Billings Gazette.
The Quists converted a barn into a commercial property for events and three apartments but never registered the change with local or state officials. The title is in Quist’s daughter’s name and Quist said his son lived in one of the units, but the Gazette noted units have been rented via Craigslist as a “Cozy Country Slice of Montana Close to Town.”
The issue is how the property is valued:
State property tax records don’t indicate those changes, taxing it instead as a barn with no living quarters. The Flathead County Assessor’s office also lists the structure as a barn. The distinction matters because the Department of Revenue generally recognizes apartment units as more valuable than barns. The tax amount owed on rental property is typically higher.
In short, Quist may have been avoiding higher taxes by not disclosing the property as a rental.
It’s the latest example of Quist being sloppy with money. Earlier this month, the Associated Press reported that Quist failed to report $57,000 in income on a financial disclosure form.
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