Bezit’s Post

Attention Cook County homeowners: exemption applications for the 2023 tax year are now available online. Exemptions are savings that contribute to lowering a homeowner’s property tax bill. The most common is the Homeowner Exemption, saving a property owner an average of $950 dollars each year. As a reminder, exemptions are reflected on the second installment property tax bill.

If you are wanting more information on how Montgomery County handles their tax appraisal process, there are several workshops being hosted by the county. These are VERY HELPFUL and encouraging to home owners. Click here for times/dates and information that will be discussed: https://lnkd.in/g-Y3YXGC #taxappraisal #propertytax #protesttaxes #montgomerycountytx

In Texas, a homestead exemption is a legal provision that allows homeowners to reduce the taxable value of their primary residence. This exemption can provide significant savings on property taxes by exempting a portion of the home’s value from taxation. In Texas, homeowners can benefit from both a school tax exemption and a general residential exemption, which can help lower their overall property tax burden. The homestead exemption in Texas is important for several reasons. Firstly, it helps to provide financial relief to homeowners by reducing the amount of property taxes they are required to pay each year. Additionally, the homestead exemption helps to protect homeowners from being taxed out of their homes, ensuring that they can continue to afford to live in and maintain their primary residence. Overall, the homestead exemption plays a crucial role in promoting homeownership and providing stability to Texas residents. You should file for homestead exemption between January 1st and April 30th and can do this by reaching out to your local county appraisal district. If you have any more questions about homestead exemption or any other real estate topics, don’t hesitate to reach out to me. I’ll answer your questions as best I can and point you in the right direction to direct resources. 🏡 #darcitherealtor #homesteadexemption #texasrealestate #remaxgo #newbraunfelsrealestate https://lnkd.in/gZffXvtN

CPR News: Relief for homeowners, seniors are some ideas for Colorado’s long-awaited property tax reforms: A bipartisan group has laid out its big ideas for resolving a years-long debate over how much money homeowners and others should pay on their property taxes in Colorado. The state’s property tax commission on Friday voted to make a series of recommendations to lawmakers. These are just suggestions — the legislature still must decide whether to enact them. But Friday’s decisions will likely form a roadmap for what comes next. … In contrast, Commissioner Loren Furman, leader of the Colorado Chamber of Commerce, said that extending current cuts “is one of the most meaningful pieces that this commission could be focused on.” She suggested extending the cuts through 2026, rather than the 2024 date that was originally suggested. Read more here. | timnathchamber.com #Timnath #Colorado #TimnathChamber

Maximizing Tax Savings: Unveiling Cook County's Overlooked Homeowner Exemptions If you're a homeowner in Cook County, Illinois, you might be missing out on significant tax savings without even realizing it. Did you know that there are various tax exemptions available to homeowners, including the Homeowner Exemption, Senior Citizen Exemption, Senior Freeze Exemption, and more? Unfortunately, many eligible homeowners fail to take advantage of these opportunities, resulting in higher property tax bills than necessary. Recent data shows that this oversight can cost homeowners hundreds or even thousands of dollars annually. But there's good news! By applying for these exemptions, you can unlock financial relief that's designed to lighten the burden on homeowners. Don't let valuable opportunities pass you by—take action today to maximize your tax savings. Check out Cook County's homeowner exemptions and see how they can benefit you: https://lnkd.in/gnPjx9cW

🏡 Exploring Property Taxes in Orange County, CA! 🍊 Hey neighbors! Did you know that understanding property taxes is a crucial aspect of successful homeownership in Orange County, California? Let's dive in: 🔍 Understanding Assessment: Property taxes in Orange County are determined based on the assessed value of your home. The county assessor evaluates properties to establish their value. 💰 Tax Rate: Typically, property taxes amount to around 1% of the home's assessed value. However, additional assessments or bonds may slightly increase this rate. 📆 Annual Billing: Property taxes are billed annually and can be paid in two installments. Keep track of the due dates to avoid any penalties! 🔗 Check out www.homesbyabner.com: Interested in delving deeper into property taxes and real estate in Orange County? Visit my website for valuable insights and resources! Being well-informed about property taxes is essential for making informed real estate decisions. If you have any questions or need assistance, feel free to reach out! Let's navigate the world of real estate together. 🗺 #OrangeCountyRealEstate #HomeownershipJourney #HomesByAbner #PropertyTaxes101 #InvestinOC #HomeSweetOC #OrangeCountyHomes #SoCalHomes #OCRealEstate

💰Property taxes are a significant consideration for homeowners and potential buyers! 📝Understanding how property taxes are determined can help homeowners plan their finances better and avoid surprises. Check out our blog to get the full run down on property taxes and how yours are figured! https://lnkd.in/du3giC7Q #PropertyTaxes #Homeownership #FinancialEducation #CommunitySupport

Look out for your Truth in Millage (“TRIM”) Notice this month from your county’s property appraiser’s office! It contains info about your property’s value, proposed millage rates and proposed property taxes. It is important for several reasons: 1)     Confirm exemptions (like the homestead exemption) have been applied. 2)     If you moved from one Florida homestead to another, Florida allows you to transfer some of your accrued homestead tax benefits to your new homestead, which is called the “Save Our Homes” benefit. If you applied for this, make sure it’s reflected in the TRIM notice. 3)     Review the assessed value of your home. If the value seems out of line, you can petition the Value Adjustment Board for your county to see if the assessed value can be lowered.  

Do your property taxes seem high? Did you know that 30-60% of taxable property is over-assessed? Plus, less than 30% of taxpayers challenge their tax assessment! Protesting your Austin property tax could save you big bucks, especially considering Texas has the 7th highest property tax rate in the nation. How to Protest Property Taxes If you believe your property valuation is higher than the current market value, you should appeal your taxes. When people don’t appeal, the taxing authority accepts that their value is correct, which affects all homeowners in a given area. By appealing the assessed value, we all help keep our real estate taxing authority valuations in line with market value. Some companies can do this for you for a fee, but it isn’t too complicated to do it yourself. 1️⃣ File your protest using the protest form (Form 50-132 Notice of Protest PDF) available from the County Appraisal District. You can also file online to protest your Travis County property tax. 2️⃣ After you have filed, it can take several months for the Travis County Appraisal District to schedule your informal hearing. 3️⃣ At the hearing: The purpose of the informal hearing is for you to present your evidence and facts to support your claim that they have overvalued your Austin home or condo. Have questions? Reach out! - - - - #realestatetrends #luxuryliving #realestate #realtor #austinrealestate #austinrealtor #northaustin #austinrealty #atx #luxuryaustinhome #homesforsale #realtorlife #realestateinvesting #dreamhome #househunting #realestateexperts #homebuying #homeselling #sellinghomes #realtorsofinstagram #propertytaxprotest #savemoney

** ARE YOUR ASSESSED PROPERTY TAX HIGH?** - ⌛ TODAY 7/8/ 2024 is the ➡ DEADLINE ⬅ to APPEAL Property Taxes in FORSYTH County. - This year 2️⃣ 0️⃣ 2️⃣ 4️⃣ is the LAST Year to Benefit from the 3 YEARS Tax Freeze on your Property Tax once Appeal Approved. Next year there will be a cap on how much property taxes can increase. Property Taxes should be based on last year Home Value- 2023, not this year. If Your assessed Property Tax for 2024 is high, do APPEAL ONLINE: https://lnkd.in/e6Dum-EZ For more details, contact: Rana Tayara, REALTOR® Keller Williams Realty Consultants Top 5% Atlanta Realtors Association 📲 678-294-3838 📩 RanaTayara@kw.com 🌍 RanaTayara.kw.com #forsyth #forsythcountytax #forsythga #propertytax #forsythcountypropertytax #deadline #taxappeal #homeownersforsyth #atlanta #atlantahomeowners #realestatetip #propertytaxappeal