Realtor & Loan Officer

各位業主，關於地稅單 大家不要忘記申請自住房 Homeowner's exemption $7000地稅減免的福利哦！ If you own and occupy your home as your principal place of residence, you may be eligible for an exemption of up to $7,000 off the dwelling's assessed value, resulting in a property tax savings of approximately $70 to $80 annually. Eligibility You must be a property owner, co-owner or a purchaser named in a contract of sale. You must occupy your home as your principal place of residence as of 12:01 a.m., January 1 each year. Principal place of residence generally means where: You return at the end of the day Your vehicle is registered You are registered to vote Your mail is delivered A dwelling does not qualify for the exemption if it is, or is intended to be, rented, vacant and unoccupied, or the vacation or secondary home of the claimant. Filing period and exemption amounts For the year in which you occupy the dwelling on lien date (January 1), the full exemption is available if you file by 5:00 ...

What Is a Property Tax? Property tax is a real estate ad-valorem tax, considered a regressive tax, calculated by a local government, which is paid by the owner of the property. The tax is usually based on the value of the owned property, including land. The local governing body will use the assessed tax to fund water and sewer improvements, provide law enforcement and fire service and other items deemed necessary. Breaking Down Property Tax Collected property taxes are used by the governing body of the jurisdiction in which the property is located. The money funds education, road and highway construction, public servants, and other services that benefit the community-at-large. Property tax rates and the types of properties taxed vary by jurisdiction. As such, when purchasing a property, it is essential to scrutinize the applicable tax laws. Property owners pay property tax calculated by the government.   Property tax is based on the value of the property. ...

Understanding Supplemental Property Taxes They have been with us since July of 1983, but you and your neighbors still may not know what they are, what they do, and how they affect you and your property. What are SUPPLEMENTAL taxes? SUPPLEMENTAL taxes are levied on property as it exists on the date of the change in ownership or completion of new construction in accordance with Article XIII A of the California Constitution Supplemental taxes represent the additional taxes due for an increase in the assessed value resulting from an ownership change or new construction . If you purchased the property for less than the previously assessed value, you may receive a supplemental tax refund. When will I receive a Supplemental Tax Bill? Changes in ownership or new construction will prompt a Supplemental tax bill. Mailings of supplemental bills are only done a few times per year so don’t be concerned if you haven’t received one. How do Supplemental Tax Bills work? Supplementa...