DC increases Homestead Deduction for second straight year

By March 5, 2014 Uncategorized

2 Comments

  • Emilee says:

    Does the homestead deduction if you choose to rent the property?

  • webmaster says:

    The Homestead Deduction benefit is only applicable if you are a resident of the District of Columbia, own the property and live in it as your principal residence. If you’re renting the property yourself or if you own a property that you’re renting to someone else while living in a different property, you would not qualify.

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