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Under construction!
Please visit or contact Brian at Berkshire Hathaway... read more
March 2011
Is it time to buy? Time to sell? With affordable housing prices, and historically low interest... read more
Taxes...how do property taxes work here?
How do taxes work?Are the current taxes relevant to what I will pay? There are discounts for... read more
Real Estate Update March 2010
Check this link.
http://www.nytimes.com/2010/03/08/business/08short.html?pagewanted=all
... read moreTaxes...how do property taxes work here? (see all)
20110228 21:38:56
How do taxes work?Are the current taxes relevant to what I will pay? There are discounts for certain ages, and military service. There are also discounts if you owner occupy the house. So the current tax on any home may be higher or lower than it may be for the next person. Two houses next to each other could be taxed with the same overall assessment, but one could be owner occupied by a senior citizen, who was in the military. He would have a triple exemption. The house next door is a rental. No exemptions. When the buyer purchases, the tax is modified to fit the circumstances of the new owner. If you have a question,drop me a note, Brian@IthacaBroker.com
