Tax Realty Consultant

La Porte County Assessor Carol McDaniel criticized an $100 admission charge for a Saturday forum on property taxes by Michigan Township Citizens for Fair Taxes.
In a press release, she said Long Beach property owner William Wendt and others in the “tax protest group” are concerned about other wealthy beachfront property owners. McDaniel criticized the [...]

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An oft-repeated, dubious claim holds that while a frog thrown into an already-boiling pot will realize his predicament and attempt to save himself injury, one placed in an initially cool pot will allow himself to be slowly cooked.
Of course, if this was really a truism about frog behavior, few of us would have any real [...]

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Former Maryland Governor Robert Ehrlich signed the Maryland Protection of Homeowners in Foreclosure Act in 2006 specifically to protect homeowners facing foreclosure. This law was passed after a mother of four and wife of a state trooper, who was killed on duty, faced foreclosure. An investor told her that he would help her save her [...]

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The property tax incentives are just part of a package that was designed through cooperation from the state Department of Community and Economic Development, Montgomery County Commissioners and Lower Salford officials to entice Northern Ireland-based Almac Group, a pharmaceutical support company, to construct its 240,000-square-foot headquarters in the township’s Light Industrial district at Fretz and [...]

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Council to Wrestle With Senior Tax Freeze Issue

The Memphis City Council at today’s meeting will revisit the issue of establishing a property tax freeze for senior citizens. The meeting is at 3:30 p.m. at 125 N. Main St.
The proposed ordinance is up for second reading [...]

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What is a mill rate ?
One mill is equal to $1 of tax for every $1,000 of assessed property value. To calculate your tax, multiply the millage figure by your assessed property value. Don’t forget to add three decimal places to the millage figure to get the accurate tax. For example, 6 mills on a [...]

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Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you [...]

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California’s looming budget deficit has ballooned to an estimated $14 billion, creating a crisis that fiscal experts said Wednesday is likely to require higher taxes in addition to across-the-board cuts in education and other services.
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* Palin to cast herself as D.C. outsider in speech 09.03.08
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Many people - especially singles and young couples who are just starting their careers - have mixed feelings about purchasing real estate. They worry about getting tied down and taking on a lot of debt. Here are 7 compelling reasons why anybody who can afford it should consider buying a home right now:
1. Real estate [...]

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On the same block, his sprawling two-story Victorian is assessed at $279,600 - “probably too much,” he said. Christofferson first put it on the market over a year ago for $330,000 and now is asking $275,000.
The market could tell him, but the market won’t speak. Casual house-hunters stroll through and compliment Christofferson’s renovations but don’t [...]

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