Here are the dates to know regarding your property tax assessment.
Today we’re talking all about property taxes. They affect both buyers and sellers, so I wanted to walk you through the property tax calendar and some more important information for you to know.
It’s a very simple calendar to follow if you keep track of it. In most municipalities in New York, the taxable status starts March 1. This is when you have the opportunity to start gathering information about any exemptions for which you may qualify.
On May 1, communities set their tentative assessment rolls. This is where you can go in and see the assessment for your home on the roll and make sure it looks appropriate.
“It’s very important to understand all your different taxes.”
The final roll is set for July 1. This is a very important date. If you feel your assessment is not in line after the tentative roll is set, you have 30 days after July 1 to file for a further abatement of taxes.
It’s really important to understand your different taxes. You have municipality taxes, town and county taxes, school taxes, and village taxes. Each one is charged at a different time of the calendar year.
Check out the full calendar here, where you can also find your tentative roll and ensure your assessment is accurate.
If you have any questions about this topic or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.