How to Save My Property Tax? |
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nicolenik
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How to Save My Property Tax? |
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Hi,
I have recently Buyed a new Home and Tax of that home is too high in prospective to the cost of the home.
Please can anyone help that how can i reduce my property tax?
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Fri Apr 20, 2012 9:51 am |
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littleroc02us
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Re: How to Save My Property Tax? |
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quote: Originally posted by nicolenik Hi,
I have recently Buyed a new Home and Tax of that home is too high in prospective to the cost of the home.
Please can anyone help that how can i reduce my property tax?
Listed on your property tax statement at one point of the year you have the right to request time at the city board meeting to argue your point on your property taxes. You would need to go in the comparisons to other properties and good examples of what you paid last year based on what your home was worth and what your home is now worth and what your being taxed. Other items that come into play are referendums that may have been voted in and other items that have changed based on the boards voting.
Risk comes from not knowing what you're doing. (Warren Buffet)
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Fri Apr 20, 2012 1:35 pm |
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debedwards
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These are some of the tricks that can reduce your property tax:
1. Request and Study your Property Tax Card
2. Don't make structural changes to your home
3. Limit Curb Appeal
4. Research your Neighbors
5. Walk the Home with an Assessor
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Sat Jul 07, 2012 1:00 am |
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Iona99
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I suggest you can start business on your home or you may lend rent a room,and you can change your ownership into a old man who have less income.
All the trick are explained to reduce property tax.
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Thu Jul 12, 2012 12:50 am |
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Postworker23
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The tax amount on your home is depending on much money land you own and how many quadratmeters of your home you use for living. This means if you have rent one or more rooms to a roomer, the calculated tax amount will be reduced.
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Thu Aug 16, 2012 8:41 pm |
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sharonz911
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that's really a problem ....
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Sat Aug 18, 2012 8:45 am |
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kipolowichify85
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By pay him regularly or sale it...
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Sat Oct 27, 2012 8:06 pm |
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rockymountain
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Re: How to Save My Property Tax? |
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Exceptions;
Homestead Exemption – everyone is qualified for a homestead exemption on their primary residence. All it takes is an application with your county assessor This exemption lowers the value of your home, on which your tax is assessed, by up to 20%.
Home Value Caps – some states, such as Florida, have provisions to cap the assessed value of your home to a 3% increase. Although tax rates can go up, the value of your home can be steadied.
Disabled Person’s Exemption- if you meet Social Security’s definition of disabled, you can apply for property tax exemptions with your state.
The Window on State Government website can help you sort through the details. .
Other state exemptions: There are other exemptions for homeowners in states, and they vary from exemptions for veterans to widows to minors.
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Mon Nov 19, 2012 8:24 am |
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sideeffect11
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Project Mine |
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Thu Sep 10, 2015 12:23 pm |
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accountantau
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Property taxes are calculated based on your home’s assessed value. If you are contesting its assessed value, you can request for a reassessment. Ask the help of a real estate agent to help you verify the market value of your home and come up with a strong documentation. Good luck! http://www.charterpartners.com.au/
Last edited by accountantau on Fri Oct 02, 2015 7:02 am; edited 3 times in total |
Tue Sep 29, 2015 11:24 am |
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Wino
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quote: Originally posted by accountantau Property taxes are calculated based on your home’s assessed value. If you are contesting its assessed value, you can request for a reassessment. Ask the help of a real estate agent to help you verify the market value of your home and come up with a strong documentation. Good luck!
I note you are from Gympie. I have been there. Are they still mining the quartz gold there? Is that par three golf course still open? I really enjoyed my time there.
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Tue Sep 29, 2015 11:56 am |
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ElisabethStaffeld
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A legal adviser would be more appropriate person to guide you and these things are also depend on the tax laws of particular country as well.
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Wed Jan 27, 2016 7:38 am |
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Kezia09
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Hi, maybe you can ask to tax consultant, like tax consultant jakarta.
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Mon Feb 05, 2018 9:50 am |
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viditagarwal
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To do this you can do one of many things. You can begin by spreading your gains of two or more tax years, so this averages out at a lower combined income for one tax year. Here is a guide about avoid paying tax on property.
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Tue May 08, 2018 9:03 am |
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