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Fred Griffin Florida Real Estate, Licensed Florida Real Estate Broker (Fred Griffin Real Estate)

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3,349,239
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes, we have exemptions ... yes, we have a cap. Rates vary by area. 

Nov 21, 2018 03:08 PM
Rainmaker
1,056,117
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

.719% of assessed value.
Widows & Disabled Exemption for qualifying folks.

Nov 21, 2018 01:17 PM
Ambassador
2,187,462
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Rates vary by district.  Mine is (Chelan County, Washington)  11.8958 

The cap is 1% on non-voter approved tax rates
We have discounts for seniors/limited income, disabled, and some land use exemptions.

Nov 21, 2018 05:01 PM
Rainmaker
970,983
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

In Louisiana, they have a homestead exemption for the first $75,000 for owner-occupied property. 

Nov 21, 2018 04:06 PM
Rainmaker
940,787
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Fred, there are many variables as each township in the county has a different tax rate as well as the two cities and the three different school corporations.

There is a 1% cap on residential structures of the assessed value but not that many homes ever are limited by the cap.  The most common deductions are the homestead ($45,000) and Mortgage ($3,000) deductions off the assessed value. 

People moving to our area find Tippecanoe County has very low taxes for housing a world class university and the #1 or 2 school district in the state.  As an example we live in a 3,200 sq ft home with full unfinished basement, 3 car attached garage, two decks, lot is on a pond,  updated interior and the taxes are below $2,900 for the year.

Nov 21, 2018 03:57 PM
Rainmaker
4,581,993
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I can quote many rates and exceptions.   Generally and city-county specific.  I'm in California where there are many differences. 

Nov 21, 2018 03:09 PM
Rainmaker
7,862,422
Roy Kelley
Retired - Gaithersburg, MD

I do not know.

Nov 21, 2018 02:33 PM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

We have exemptions, caps and the rate varies from 1.12% to 1.16%

Nov 21, 2018 02:23 PM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Fred Griffin Not sure the exact millage for Erie County, PA, but know that PA has tax rebates for eligible seniors, widows, widowers and people with disabilities.

Nov 21, 2018 01:41 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we don't have many exemptions in our town.... and there are no tax limits...

Nov 21, 2018 01:00 PM
Rainmaker
5,112,256
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Since I work in two states and half a dozen counties, reporting on tax rates would take forever. No annual caps. In NC we have very few options for exemptions.

Nov 21, 2018 12:55 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Fred,

Like Michael Jacobs we are in California,!  LOL

Nov 21, 2018 03:22 PM
Rainmaker
1,505,903
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

1% of assessed value at the time of sale, plus 1-2% growth each year.  Prop 13 it's called out here.  LOVE it!

Nov 22, 2018 01:28 PM
Ambassador
3,048,034
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

I love FLORIDA's Homestead EXEMPTION! This is the best state to live in if you have creditors:) or judgments:) As it should be:) 

Nov 21, 2018 07:57 PM
Rainmaker
2,399,653
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I think we are pretty close to 100% Fred Griffin . Seriously we are at a crazy high right now because of some huge projects that had over runs.

Nov 21, 2018 07:12 PM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

The rates vary from one jurisdiction to another the biggest influencing factor seems to be the changes made in Tax Valuations that also change here in Northern Virginia.

Nov 27, 2018 06:09 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't think we have anything

Nov 27, 2018 05:32 PM
Rainmaker
5,877,189
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I give my CPA my info, but think the mileage is .545.

Nov 26, 2018 04:41 PM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Never looked at. 

 

Nov 23, 2018 01:18 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea. I just pass the bill to ... mama.

Nov 23, 2018 11:57 AM
Ambassador
3,167,489
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

27 and yes we have homested and disabled veteran discounts.  We also have a "conservatory" exemption for raw land that can happens in 10 year incriments. 

Nov 22, 2018 09:09 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Total millage for Martin County is around 18 plus or minus depending on location.

Nov 22, 2018 07:14 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Property taxes here in NH average $18 to 22 per thousand. Some towns are higher. Assessements are done every 5 years. There is exemptions. 

Nov 22, 2018 04:41 AM
Rainmaker
5,238,294
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Unlke Florida, Illinois has few exemptions and very, very high taxes! Have not checked the millage rate since I have been back!

Nov 22, 2018 04:39 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Varies.

Nov 22, 2018 03:10 AM
Ambassador
6,416,949
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

You may need to talk to my tax lady for this one.

Nov 21, 2018 11:37 PM
Ambassador
5,060,258
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Rates vary by area,and there is a cap. We have homestead exemptions,among others, too.

Nov 21, 2018 09:38 PM
Ambassador
5,253,385
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

MECKLENBURG (Charlotte) COUNTY - .8232 per $100. + City taxes .3368, or total of 1.164% - so, a $250K home would be taxed at approximately $2,910/year.

YORK (Fort Mill, SC) COUNTY - 0.632 or $1,580/year for a home valued at approximately $250K.

EXEMPTIONS: In NC, yes to Veteran, disabled or over-age 65 categories but, there is a maximum income that allows for the 50% deduction. No Homestead in NC...which is why a large number of my over-65 buyers elect to move to Fort Mill, SC where they do offer the Homestead Exemption and the qualifying income is less than the over-65 general exemption in NC.

As with many states who do have the Homestead Exemption, you must apply for it at the county tax office. *In SC, you HAVE to visit the tax office, regardless of your age. SC taxes default to a second-home rate and you must present proper documentation in person in order to have the 'investor rate' removed. 

 

 

Nov 21, 2018 08:25 PM