Idaho Real Estate Tax News!

By
Real Estate Agent

   Great News for Idaho Real Estate Owners!

The 2014 homeowner’s property tax exemption will increase from $81,000 for 2013 to $83,920 for the year 2014.  Idaho homeowners get a little bigger break in 2014, thanks to recovering real estate prices.    Which means a little less money to pay out of our household budgets on property taxes.   

Since 1980, Idaho has allowed homeowners to exempt 50 percent of the assessed value of their properties, up to the maximum exemption.   The maximum exemption topped out at more than $104,000 in 2009, bus has fallen with the crash of the housing market ever since.  

The increase for 2014 marks the first year the maximum exemption has risen since 2009.

Comments (1)

Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information
Howdy and afternoon Pat
 
this sure is mighty good news for the folks there in Idaho of being able to keep a bit more of their money. They sure will appreciate you helping to get the word out to them about it!
 
Welcome to the ActiveRain Real Estate blogging community! You'll sure find a lot of mighty fine folks here in the community to get to know. I'm one of the many ActiveRain community members which are an ActiveRain Ambassador.
 
If you should ever have any questions about how to do anything or about the rules of the ActiveRain community, please feel free to contact me either by sending me a e-mail or by giving me a call, I'll sure be mighty glad to give you a helping hand. If for some reason I don't know the answer to a question which you might have, I sure will find out the answer and get back to you with the right answer.
 
Take the time to look at the different groups within the community, pick some different groups to join, post your blog posts in them, be sure to take the time to read the posting guidelines of each group you might want to join, folks sure will want to follow them. Members can join as many or as few of the different groups within the community as they would like to. Members are able to post their blog posts in 5 different groups at a time.
 
Keep up your mighty fine job of posting! I'll be looking forward to seeing even more blog posts written and posted by you, plus seeing you join some of the mighty fine groups in the AR community.
 
Happiness sure is Homemade 
Have a good one
Dale in New Hampshire
Nov 02, 2013 07:28 AM