Tag: property taxes

DC Real Property Assessment Cap Credit

Understanding the property tax assessment process can be a bit tricky. Specifically, it can be difficult to understand the difference between an assessed value and a taxable assessed value. Part of the confusion has to do with the Assessment...

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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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Property tax relief for seniors

Did you know that the District of Columbia provides a substantial discount on real estate property taxes for seniors? If eligible, a senior can save 50% on his or her property tax bill. Further, the threshold for the income level was...

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