Real estate blog entries tagged with property tax rate by Steve Dean (RE/MAX Allegiance 202-338-8900)

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Home : Blogs : Steve Dean : Steve Dean's Blog : Tag "property tax rate"

property tax rate: Washington DC Increases Real Property Tax Rate on Class 3 Property - 02/25/09 06:33 PM

I. INCREASE IN REAL PROPERTY TAX RATE ON CLASS 3 PROPERTY

Effective October 1, 2008, D.C. raised the property tax rate on unoccupied buildings and vacant lots (Class 3 property) to $10/$100 of assessed value. This measure is intended to raise the bar in the quest to abate nuisance property in the District of Columbia.

The first billing at the new rate will be reflected on the tax bills payable in March of 2009. Real property tax prorations should be calculated on the basis of the increased tax rate. The OTR real property tax website will tell you … (0 comments)

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Steve Dean

Washington, DC

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RE/MAX Allegiance 202-338-8900

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