Tag: Tax Terms

Posted on 01/28/2024
Understanding property tax abatement
Property taxes are a major expense for most homeowners and...
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Posted on 01/15/2023
Millage rate & other important tax terms to know
Millage rates are just one of the many specialized tax terms property owners are likely to encounter. While it's often used interchangeably to mean "tax rate," millage rates have some key differences. Here is a guide to understanding millage rates and a few other important pieces of property tax terminology: Millage rates Millage rate has nothing to do...
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Posted on 01/30/2022
Tax abatement: What homebuyers should know
Property tax abatement programs can be helpful to homebuyers in several ways. While they can help you save money long-term, buying a property with a tax abatement can have potential downsides. Here are some key things about property tax abatements for buyers to consider: How property tax abatements work Property tax abatement programs are offered by some cities...
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