Regardless of the state you live in, your property taxes are calculated by multiplying a home’s assessed value by its property tax rate. This tax rate will depend on where you live.
This figure will typically ranges from 1 to 1.5% of your home’s assessed value. Currently, New Jersey has the highest property tax rate in the U.S. at 2.21%.
Given that this can be a hefty number, how you can reduce your property tax burden?
In this article, we’ll go over the top three strategies to help you lower your property tax bill and get some rest. Ready? And action. Let’s get into it. [Read more…] about 3 Strategies to Lower Your Property Tax Bill