Real Estate Broker, Harlene Bernstein, calls our attention to the following important change in Maryland real estate taxes.
If you own a home in Maryland, in the past few weeks you received a letter in your tax assessment notification. It filled a page single-spaced and started out with the usual boring message about your tax assessment.
Buried in the middle, however, was a significant change this year regarding the real property tax savings for owner occupants.
In the past the Homestead Tax Credit Eligibility was done automatically and only once.
This year, the State of Maryland has included a new application as the second, easily overlooked, page in your tax assessment notification.
YOU MUST FILE that application again this year by April 1, 2008, in order to qualify for the real property tax savings as a homeowner.
If you do not have the application form, additional information may be obtained by calling the Maryland Department of Assessments and Taxation at 410-767-2165 or 1-966-650-8783.
Please do not fail to take advantage of this savings on your real property taxes.