When property owners receive their final tax bills for the year in November or December; they may not agree with the amount to be paid. Although this can be frustrating, things can be done to alleviate this burden, because every state gives property owners the opportunity to challenge the amount of taxes levied upon them; but few actually take action and file a tax abatement. This is due to the fact that this right is not publicized enough, which means there are numerous tax

Most property owners have the basic knowledge of how property taxes are determined, but many are not really aware of the intricacies of how their tax bill is actually calculated. Here are three important things for taxpayers to remember when it comes to real estate taxes: 1. Municipalities across the nation return millions of dollars each year to taxpayers who understand what it takes to request a reduction on their property taxes. Taxpayers should really only apply for a tax

Many people decide to invest in real estate and being wealthy is not necessarily a requirement. When someone buys a house they are now considered a property owner, tax payer, or even a small investor. Purchasing a home for most people is an investment in their future; and knowing the tax laws can make a significant difference in the return on investment, if it is to be sold at a later date. Real estate taxes are a primary source of income for many local governments, yet they