What is a 421a real estate taxes?

Answer Apparently, 421-a is a tax abatement programme in New York State that is available to developers who develop multi-family housing. You can read more by reading the law, below.

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What Factors Influence Real Estate Taxes?

For many states and localities, property taxes are one of their largest and most reliable sources of income. Typically levied on an "ad valorem" basis, meaning that they are set as a function of a ... Read More »

What States Have Low Real Estate Taxes?

In most states, the property tax rate is set by cities, towns and counties. The tax rate may vary depending on the size of the house, the size of the land and the amenities of the home. For many pe... Read More »

What does"certificate of redemption"mean in real estate taxes?

"Redemption" is a real estate term that means payment of taxes that had been overdue and were sold to a third party. A certificate of redemption is a receipt which serves as proof that any overdue ... Read More »

Are real estate taxes deductible?

Real estate taxes are deductible. Record the deduction on your Schedule A deduction form, which itemizes your yearly deductions. This deduction is for all state, local and school tax paid based on ... Read More »