Here’s why every new homeowner should double-check their taxes.
If you’ve purchased a home in the last year, there’s one thing you need to double-check soon for tax reasons. If you haven’t already, you need to go to the tax office and apply for the primary residence 4% tax rate. If you don’t, your taxes are going to double or even triple and your escrow account (and subsequent payment) will increase. Get down to the tax office, make sure you’re getting that primary residence tax rate, and get it done soon.
If you have any questions for me about tax rates or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you.
