Homeowner Education

The latest news, tips, and tricks for homeowners

Property Tax Deduction

Property taxes paid on real estate and personal property may be deducted from federal income taxes. If an individual pays property taxes, claiming the tax

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Parcel Number

An assessor’s parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes

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Itemized Deductions

The Internal Revenue Service (IRS) allows taxpayers to deduct certain expenses in order to legitimately reduce their taxable income. The standard deduction is a single,

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Inheritance Tax

An inheritance tax is a state tax that people pay when they receive money or property from the estate of a person who has died.

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Gift Tax

Gift taxes are imposed on money or property transferred from one person to another as a gift. For the purpose of this tax, a gift

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Conveyance Tax

Conveyance tax is levied on the transfer of real property at the county, municipal or state level. It is computed as a sale price percentage

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Community Development Tax

The Community Development Corporation (CDC) Tax Credit program rewards local businesses that contribute to economic development efforts in distressed parts of the City. The tax

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