Capital Exemptions
Capital Exemptions
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Exemptions

Exemptions

Exemptions


 

                            Home Owner Exemption
 

             You can receive the Homeowner Exemption if you own or have  a lease or contact which makes you responsible for the real estate  taxes of the residential property. It must also be used as your  principal place of residence for the year in question.

Senior Citizen Exemption
 

             The Senior Citizen Exemption provides tax relief by  reducing the equalized assessed valuation of an eligible residence. This  savings is in the form of a deduction on the second-installment real  estate tax bill.

Senior Freeze Exemption
 

             The Senior Freeze Exemption allows qualified senior  citizens to apply for a freeze of the equalized assessed value (EAV) of  their properties for the year preceding the year in which they first  apply and qualify for this exemption.

Home Improvement Exemption
 

             The Home Improvement Exemption allows you to increase the  value of your home with up to $75,000 worth of improvements without  increasing your property taxes for at least four years.

Returning Veterans' Exemption
 

             Veterans returning from active duty in armed conflict are  eligible to receive a $5,000 reduction in the equalized assessed value  of their property only for each taxable year in which they return.

Disabled Veterans' Homeowner Exemption
 

             Veterans with a service connected disability as certified  by the U.S. Department of Veteran Affairs are eligible for this annual  exemption. A disability of at least 75 percent is eligible for a $5,000  exemption in equalized assessed value (EAV). A disability of at least 50  percent, but less than 75 percent, is eligible for a $2,500 reduction  in EAV.

Appeals

Exemptions

Exemptions

 

Class 2 - Residential
 

             All single family homes, town homes, condominiums,  cooperatives, multi-family residential buildings and mixed-use property  (residential and commercial) with no more than six units.

Class 3 – Apartment buildings with more than six units
 

             All apartment buildings with more than six units.  This  class includes all improved real estate used for residential purposes  which is not included in Class 2 or in Class 9.

Class 4 – Not-for-Profit
 

             All non-residential real estate owned and exclusively used  by a not-for-profit corporation in the furtherance of the purposes set  forth in its charter.

              Class 5 – Industrial / Commercial
 

             Commercial: any real estate used primarily for buying and  selling of good and services, or for otherwise providing goods and  services, including any real estate used for hotel or motel purposes.
             Industrial: any real estate used primarily in manufacturing.

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