Hello everyone!I'm a 30% disabled vet.  After searching the internet thoroughly, I can't seem to find an answer to my question.  Does the property tax exemption in Texas for a disabled veteran apply to investment prop...

Seller has a tenant in property 3 or 4 years. Tax bill in public records indicates seller is improperly taking owner occupied homested exemption. What potential liabilities if any does a potential buyer have for count...

Hello.  So friends of the family are in the ministry and are in the process of buying a commercial business and using it as a church.  I've done some research and have discovered that churches are exempt from paying p...

Hi, I am in my due diligence phase of a turnkey property in Hazel Crest, IL.  The property currently has a "Homeowner Exemption" which appears to be some property tax discount for those that make the place their prima...

Note this recent change in Colorado statute regarding seller financing and Loan Originator Licensing:

Exemption for Seller Financed Transactions Amended

"Colorado recently amended the exemption provisions under the ...

Im researching the tax rolls and found two varieties of the 65+ exemption.

1) 65+ homestead only (no general homestead)
2) 65+ Senior Citizen

What is the difference between the two exemptions stated above? Does the...

Hi all, We are in the process of selling our coop and have been asked by our attorney to complete NYS Form IT 2664. We lived in our coop 2 of the last 5 years? Do we still have to pay NYS income tax on the gain? Anyon...

Hi everyone!
I recently bought a duplex and live in one side while renting out the other. I am filling out my homestead exemption and am wondering how to answer the question, "Is any portion of the property for which...

How does federal tax exemptions or reductin for hurricane damages work? Texas had some hurricanes and I have properties (Market value $300K, Roof damages $25K). What is the strategy to maximize the tax reduction. Pape...

My wife and I moved into our home in February of last year (2018). Existing owners at the time did not have a homeowners exemption on the property so we did not receive one on our first two tax installments (paying fo...