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><channel><title>Thoughts on the Washington, DC, and Northern Virginia Real Estate Market &#187; property taxes</title> <atom:link href="http://blog.wethmangroup.com/tag/property-taxes/feed/" rel="self" type="application/rss+xml" /><link>http://blog.wethmangroup.com</link> <description>Thoughts, Opinions, and Rants and Raves about the DC Area Real Estate Market</description> <lastBuildDate>Thu, 02 Feb 2012 22:03:02 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.2.1</generator> <item><title>Property Tax Rates</title><link>http://blog.wethmangroup.com/2010/08/20/1043/</link> <comments>http://blog.wethmangroup.com/2010/08/20/1043/#comments</comments> <pubDate>Fri, 20 Aug 2010 18:18:27 +0000</pubDate> <dc:creator>wethmangroupadmin</dc:creator> <category><![CDATA[Buyer Resources]]></category> <category><![CDATA[Tax Rates]]></category> <category><![CDATA[property tax rates]]></category> <category><![CDATA[property taxes]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[tax rates]]></category><guid
isPermaLink="false">http://blog.wethmangroup.com/?p=1043</guid> <description><![CDATA[Recently, I was approached by someone who will soon be moving to the metro Washington, DC, area. Their first question: What are the property tax rates for the various jurisdictions?  Having been unable to find a single source for such information, I set off in search of the tax rates for our area. So, faithful [...]
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href='http://yarpp.org'>Yet Another Related Posts Plugin</a>.]]></description> <content:encoded><![CDATA[<p>Recently, I was approached by someone who will soon be moving to the metro Washington, DC, area. Their first question: What are the property tax rates for the various jurisdictions?  Having been unable to find a single source for such information, I set off in search of the tax rates for our area. So, faithful readers, here they are&#8230;the 2010 tax rates for the greater Washington, DC, metro area.</p><table
border="0" cellspacing="0" cellpadding="0" width="337"><tbody><tr><td
width="200"><strong>Jurisdiction</strong></td><td
width="137"><strong>2010   Tax Rate</strong></td></tr><tr><td
width="200" valign="bottom">Arlington   County, VA</td><td
width="137" valign="bottom">$0.865/$100   value</td></tr><tr><td
width="200" valign="bottom">Alexandria   City, VA</td><td
width="137" valign="bottom">$0.978/$100   value</td></tr><tr><td
width="200" valign="bottom">Fairfax   County, VA</td><td
width="137" valign="bottom">$1.09/$100   value</td></tr><tr><td
width="200" valign="bottom">Fairfax   City, VA</td><td
width="137" valign="bottom">$0.955/$100   value</td></tr><tr><td
width="200" valign="bottom">Falls   Church City, VA</td><td
width="137" valign="bottom">$1.24/$100   value</td></tr><tr><td
width="200" valign="bottom">Loudoun   County, VA</td><td
width="137" valign="bottom">$1.245/$100   value</td></tr><tr><td
width="200" valign="bottom">Prince   William County, VA</td><td
width="137" valign="bottom">$1.212/$100   value</td></tr><tr><td
width="200" valign="bottom">Stafford   County, VA</td><td
width="137" valign="bottom">$1.10/$100   value</td></tr><tr><td
width="200" valign="bottom">Montgomery   County, MD</td><td
width="137" valign="bottom">$0.683/$100   value</td></tr><tr><td
width="200" valign="bottom">Prince   George&#8217;s County, MD</td><td
width="137" valign="bottom">$0.96/$100   value</td></tr><tr><td
width="200" valign="bottom">Washington,   DC</td><td
width="137" valign="bottom">$0.85/$100   valu<em>e</em></td></tr></tbody></table><h6 style="text-align: left;"><em>This information is deemed reliable but is not guaranteed. </em></h6><p><a
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href='http://yarpp.org'>Yet Another Related Posts Plugin</a>.</p>]]></content:encoded> <wfw:commentRss>http://blog.wethmangroup.com/2010/08/20/1043/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Property Taxes &amp; Real Estate Related Income Tax Deductions</title><link>http://blog.wethmangroup.com/2010/01/27/property-taxes-real-estate-related-income-tax-deductions/</link> <comments>http://blog.wethmangroup.com/2010/01/27/property-taxes-real-estate-related-income-tax-deductions/#comments</comments> <pubDate>Thu, 28 Jan 2010 03:26:58 +0000</pubDate> <dc:creator>Katie Wethman</dc:creator> <category><![CDATA[first time homebuyer]]></category> <category><![CDATA[tax credit]]></category> <category><![CDATA[6500 tax credit]]></category> <category><![CDATA[8000 tax credit]]></category> <category><![CDATA[first time home buyer tax credit]]></category> <category><![CDATA[property taxes]]></category><guid
isPermaLink="false">http://blog.wethmangroup.com/?p=572</guid> <description><![CDATA[Property tax season is upon us, and assessments were mailed out. Seventy five percent of Arlington residents saw a drop, but remember that assessments are a lagging indicator.  A lower assessment doesn&#8217;t necessarily mean a lower tax bill though&#8230;rates are due to increase (read my post about how property taxes are calculated here.)  If you [...]
No related posts.Related posts brought to you by <a
href='http://yarpp.org'>Yet Another Related Posts Plugin</a>.]]></description> <content:encoded><![CDATA[<div><strong>Property tax season is upon us, and assessments were mailed  out.</strong> Seventy five percent of Arlington residents saw a drop, but  remember that assessments are a lagging indicator.  A lower assessment doesn&#8217;t  necessarily mean a lower tax bill though&#8230;rates are due to increase (<a
href="../2009/08/23/how-are-my-property-taxes-calculated/">read my post about how property taxes are calculated  here</a>.)  If you live in DC, <strong>check your tax bill to make sure you  received the homestead exemption &#8211; DC often mistakenly omits this important  exemption from owner occupied units</strong>!  If you think your assessment is  too high, next month I&#8217;ll have some links on challenging your property tax  assessment.  If you&#8217;re in need of some market data to support your case, please  contact us!</p><div></div></div><div><div><strong>Income tax season is also here, so  homeowners get ready to claim all your deductions.</strong> If you bought a  house in 2009, remember to provide your HUD-1 to your tax advisor (and a note  for my clients&#8230;I&#8217;ll be emailing you a copy of yours in the next few weeks so  that you don&#8217;t have to go digging for it.)  If you&#8217;re claiming the first time  buyer credit, be aware that as of right now you can&#8217;t e-file, and there could be  delays with your refund (<a
href="http://money.cnn.com/2010/01/15/real_estate/homebuyer_tax_credit_available/index.htm?hpt=Sbin">read details here</a>). <a
href="http://www.irs.gov/newsroom/article/0,,id=218336,00.html?portlet=7#">Here&#8217;s the form to claim your $8000.</a></div></div><div><div> Remember, <strong>even if you don&#8217;t qualify for  the federal first time home buyer credit of $8000, be sure to ask your tax  advisor whether you qualify for <a
href="../2008/10/17/5000-credit-for-dc-first-time-home-buyers/">DC&#8217;s $5000 tax credit </a>because the rules are  different for each.<br
/> </strong></div></div><p><a
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