Tax Abatements 101
When you invest in renovations or build a new home, your property taxes may go up. The City of Cincinnati’s Residential Tax Abatement (RTA) allows owners to pay taxes on the pre-improvement value of their property for 10-15 years. RTAs are available for both building new homes and renovating existing properties. Property tax abatement is […]
Arrears: A What?
Explore the intricacies of property tax payments in Hamilton County, Ohio, where taxes are settled in arrears, impacting both sellers and buyers during real estate transactions. As Realtors, we often see words and phrases contained within a “Contract to Purchase” that are not commonly used in our daily conversational language but have important ramifications for […]
How to Challenge Your Real Estate Property Taxes
Did you know that any owner of property in Hamilton County may contest a property value? Real estate property taxes are based on the County’s value of the property. If you own property in Hamilton County, Ohio, you will be receiving a letter in the mail from the Hamilton County, Ohio Auditor sharing with you […]
Clean Energy Tax Credits For Consumers
What they are and how to qualify According to the U.S. Department of Energy, homeowners who purchase energy and other efficient appliances and products are eligible for the clean energy tax credit. To get the credit, consumers must fill out IRS Form 5695, follow IRS instructions, include Form 5695 when filing their tax return, and […]
Why is a Home Inspection Necessary?
Great question, let us break it down for you. After what may have been a long house hunt, a home inspection is one of the final obstacles between you and moving into your new home! A home inspection is critical for your safety and peace of mind. You will receive a thorough, in-depth visual examination […]
