Tag: Homestead Deduction

How to qualify for DC Homestead Deduction

Real estate agents and homebuyers often ask us about DC Homestead Deduction, a program that offers tax relief to District homeowners. Who qualifies and what are the benefits?  As a complimentary service, Federal Title will complete and file...

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When should you cancel your DC Homestead Deduction

You cannot maintain a Homestead Deduction on a non-owner occupied property. If you no longer occupy a property that currently receives the Homestead Deduction benefit, you must complete and submit this Cancellation of Homestead Benefit form. Under...

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Real estate taxes factor in homebuying decision

The spring real estate season is upon us, which means a stream of homebuyers will once again be wondering where is the best market to buy. As you help your homebuyer make that decision, you may want to consider the tax factor. A lot of folks...

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DC Homestead Deduction and G-4 visa holders

There it is – in black and white – right on the DC Homestead Application form: “Non-US citizens are generally not eligible to be considered a DC domiciliary unless they possess a valid Permanent Resident Alien Card.” That is,...

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DC Homestead Application changes … again!

We recently blogged about the changes in the District of Columbia’s Homestead Application process. In that post, we commented on how the Office of Tax and Revenue had suddenly changed the requirements for applying for the DC Homestead credit....

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New requirements for DC’s Homestead Deduction

In this season of the World Cup, I’m sure most of us would consider it unfair to move the goal posts while the ball is in the air. Well, according to a recent announcement from the Homestead Unit within the DC Office of Tax and Revenue, moving...

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