Having been in real estate for many years and thinking I was pretty smart, I was absolutely bowled over when we had a member of the tax assessor's office come and speak to us a few years ago. She mentioned "freezing your taxes" as a benefit to people over 65 or handicapped! WHAT! How come I'd never heard of such a thing. The cat was out of the bag, so to speak......I don't believe a real estate agent in that room had ever heard of such a thing.
Since then we have added it to our state forms but it is still not widely known. You can't believe how important you can feel when this is mentioned to a 65 or older person. They want to RUN to the court house to freeze their taxes. I think it is one of Arkansas's most unadvertised benefits!
I was thinking of this because it is tax-paying time in our state. Happy tax-paying!!
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