For those living on Long Island, property taxes may already account for their highest house-related expense. According to tax-rates.org, the average yearly property tax paid by Nassau County residents amounts to about 8.26% of their annual income. And in Suffolk County, it amounts to about 7.57% of their yearly income. When property taxes go up, this […]
Can I Grieve My Property Taxes Every Year? Read More »
Getting a notice every year that your property taxes are going up can be frustrating. What’s more, researching online to see how property taxes work and if you can lower your property taxes can often be confusing. There are many property tax myths circulating the internet. The tremendous amount of tax information on the web
Long Island Property Tax Myths and Misconceptions Read More »
If you own property in the United States, odds are very likely that you pay some sort of property tax. This tax is very standard across the jurisdictions that make up the USA. Property taxes can be placed upon real estate as well as other forms of personal property. If you have property with value
Property Taxes in the USA Read More »
It has been a difficult year for everyone, including Long Island residents. Unfortunately, it has also been a difficult year financially for county and local municipalities, which are looking to close their budget gaps with yet another property tax increase for Long Islanders. According to a Newsday article, some Suffolk and Nassau County residents saw
How to Lower Your Long Island Property Tax Bill in COVID Times Read More »
Once you finally purchase your first home, you will probably be excited to plan out all the new space that you now own. While you are in the process of planning out how you will use your new property, one thing you will need to remember are the impending property taxes that you will now
Definitive Guide to Property Taxes in 2021 Read More »
Taxes are an inescapable fact of life. If you’re a property owner in New York, property taxes form a big part of your tax liability. Property tax is paid on property owned by individuals or other legal entity and varies from one state to the other. This tax liability depends on the market value of your
How Does Property Assessment Relate to Your Property Tax Bill? Read More »
In January 2020, Nassau County began sending out new property assessments that had previously not been scheduled to arrive. This is because it was recently decided that annual property assessments will now be taking place in Nassau County. This can be either really great or heartbreaking news, depending on how this impacts your taxes. Below,
Nassau County to Begin Annual Property Assessments Read More »
Before you move into a new location, checking up and doing some research on the taxes you will pay is a very responsible thing to do. Here is New York, Long Island is one of the popular places for people to buy property and move to. However, school property taxes are something that you should
How High Are School Property Taxes in Long Island? Read More »
When you purchase a home, you have many expenses to consider including the mortgage & interest rate costs, homeowner’s insurance costs, utility charges and property taxes. Property taxes are paid every year, and the amount you owe can change from year-to-year based on your home’s perceived value (as well as the government’s financial needs). Property
Don’t Forget About Property Taxes When You Are Looking to Purchase a New Home Read More »
