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Spring is here and that means it’s time to… well, it’s time to appeal your property taxes. Not everyone needs to do this, obviously, but there are plenty of people who should. Do you feel like your most recent tax assessment was pretty high? Alternatively, is your tax record (you can usually find these online through your county assessor's office) stuffed with wrong information that could be affecting your tax bill?
Understanding how your property taxes are calculated can often feel like unraveling one of the deepest mysteries of the universe. However, it’s vitally important that you get your arms around this tax, if you are subject to it, as it’s often a large expense that you may be saddled with for a lifetime.
As a homeowner, or soon to be homeowner, you can get some pretty sweet tax deductions from things related to your home. Some tend to change from year to year, like those for energy-efficient upgrades, others are pretty stable, like being able to deduct mortgage interest.