Browsing all posts in Property Tax.

New Tax Law - Credit For First Time Home Buyers

There is a new tax law for some people who have purchased a new home in 2008. This is a credit which is actually a temporary credit. What that means is that after two years of claiming the credit, you will be required to begin paying it back. Whilst this may sound like a good [...]

Estate Tax Law

Estate tax laws can be a bit confusing because there are two types of tax that needs to be paid when the owner of an estate becomes deceased. The reason it is sometimes confusing is because there is really a double taxation happening when someone dies and the properties of the estate are transferred to [...]