Local governments will periodically assess all the real estate they tax in order to figure out their Property Tax rate for a specific city, town, or community. When your new assessment comes in the mail, it will list information about your property, such as lot size and a legal description, as well as the assessed value of your house and land. Your property tax bill will usually be calculated by ...
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By in Reduce Your Taxes

The second biggest expense for homeowners, after the mortgage, is usually property taxes. With 30% to 60% percent of taxable property being over-assessed, there's a good chance you're paying more than your fair share in property taxes. Let Hudson View provide advice regarding various Property Tax reductions. Property taxes are based on the "fair market value" of your home - which is the amount ...
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By in Reduce Your Taxes

An estate refers to the possessions, property and debts left by an individual at death. In general, when an estate has value, it is subject to taxation, which may exist on the state or federal level and is often distinct from inheritance taxes. However, not all estates are subject to tax, and estate tax is subject to change each year depending on current tax laws. Generally speaking, the only indi...
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By in Estate Planning