Les - what could your "Cottage" sell for, $500,000 - $600,000 - maybe $700,000? Yes, $10,000 yearly is alot however how much money (in equity) have you made? Sell it, move off the water and bank a cool $300K!! Well, that's if your that disturbed by your tax bill. I pay $6,500 in Mass and the closest water to me is from the hose when I wash my car.