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check whether your local government has special property tax discounts — you could be missing out on huge savings

check whether your local government has special property tax discounts — you could be missing out on huge savings News Article With The full text news and with Resource Link at the bottom of the text and you can View this News Article in the source page.



check whether your local government has special property tax discounts — you could be missing out on huge savings

by ilyce glink and samuel j. tamkinby ilyce glink and samuel j. tamkinapril 16 at 9:00 am(istock)q: i thought you’d find the following information relevant concerning one recent correspondence of yours. in that question, a homeowner was relocating within california, and the reader wanted to know about the tax consequences of that move.one aspect you didn’t mention has to do with her property tax assessment. when it comes to moves within california, particularly within the same california county, that move may be eligible for an assessment rollover from the old home to the new home. this means that the legal maximum annual increase in property tax may continue to be applied to the taxpayer’s old assessed value on the home sold, rather than being stepped up to the new home’s value...