Mary-Lou McDonough, Barrett Sotheby's International RealtyPhone: (617) 947-9279
Email: [email protected]
Email: [email protected]
Property taxes have been used for years to fund public resources and institutions such as schools, parks, fire and police departments and more to improve the community.
If you own a home, land, or business, you may be familiar with the forms needed to document your property tax information. However, knowing about exemptions and what exactly is being calculated can give you a better understanding of this tax information.
Local governments request tax forms containing information on the property you own, the land the property is on, equipments and information about any income being generated by the property if applicable and other movable structures under your name.
Depending on your state, individuals meeting certain requirements may receive a partial tax exemption.
This includes but isn’t limited to individuals with physical and mental disabilities. Individuals making under a certain amount of income yearly can also receive partial tax exemption from the state. The income amount is based off the previous year's tax information prior to turning in an application for exemption.
In addition to your home, the state also includes other items belonging to you under personal property. These items include:
Property taxes can be confusing and difficult, so if you need assistance filling out your property tax form, consider speaking with your local property tax office.
With strong connections to her community, Mary-Lou has held fund-raising events for The National Multiple Sclerosis Society, The Kids in Need Foundation and Dress for Success. This sense of personal responsibility extends to her professional life, and she continuously strives to exceed her clients’ expectations, empowering them throughout selling or buying process. "Only a well-informed client is prepared to make the best decisions on their own behalf, so the role of Market Expert is one I take very seriously.” It is this sense of personal accountability that drives Mary-Lou; keeping her focused on her clients and providing them with highest level of professionalism, solution-focused service, and sound guidance from start to SOLD!
Mary-Lou McDonough is Professionally Affiliated with The MASSACHUSETTS ASSOCIATION OF REALTORS® The GREATER BOSTON REAL ESTATE BOARD, THE NATIONAL ASSOCIATION OF REALTORS®, The Women’s Council of REALTORS®, The State and National Association of Certified Residential Specialists and The REALTORS® Political Action Committee
Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.
