What You Need to Know About Property Taxes

Property taxes are a significant expense for homeowners. Understanding how they work can help you budget effectively.

How Property Taxes Are Calculated

Property taxes are typically based on the assessed value of your home and the local tax rate. It's important to stay informed about any changes in tax laws that may affect your payments.

Tips for Managing Property Taxes

• Review Your Assessment: Regularly check your property assessment to ensure it's accurate.
• Explore Exemptions: Look into any exemptions or deductions you may qualify for to reduce your tax burden.

By understanding property taxes, you can better manage your finances as a homeowner.