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Updated about 4 years ago on . Most recent reply

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285
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Cody Barna
  • Real Estate Agent
149
Votes |
285
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Do Fully Disabled Veterans Receive a Property Tax Credit in NH

Cody Barna
  • Real Estate Agent
Posted

Hey BP,

Would a fully disabled veteran be eligible to receive a 100% Property tax credit when purchasing a primary residence in New Hampshire?

I've been trying to find information regarding this topic, if anyone has experience or knows more details please share them below.

Thanks,

Cody

Most Popular Reply

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64
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55
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James S.
  • Rental Property Investor
  • New England
55
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64
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James S.
  • Rental Property Investor
  • New England
Replied

I was a tax collector in NH, but it has been 9 years since I did that so my info may be a tad out of date. 

NH RSAs give communities the option of passing a veteran tax credit. In the towns and cities I served in, it was always 500 dollar credit per bill. So it's not 100%, though it's definitely better than nothing.

Since local communities rely on property tax for over 90% of their revenue, you aren't going to see town's offering up crazy disabled veteran discounts. This may change as the amount of disabled veterans continue to drop (amen for less war), but it's never a guarantee.

A senior living in a 55+ mobile community can expect a pretty large discount off their tax bill, but someone in their family home not so much.

hope that helps

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