Category Archives: Taxes

Helpful Data for Appealing Your Tax Assessment – Part 4 of 4

Here is the data to find your comparable sales. Part 1 of this series will give you an idea of how to use this data, but if you are confused or want further advice, call the Department of Assessments. They … Continue reading

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Appealing Your Tax Assessment – Part 3 of 4

A little about the Homestead Tax Credit: From SDAT: “To help homeowners deal with large assessment increases on their principal residence, state law has established the Homestead Property Tax Credit. The Homestead Credit limits the increase in taxable assessments each year to a fixed percentage.” … Continue reading

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Should I Appeal my Assessment – Part 2 of 4

This is a series about filing an appeal for your property tax assessment. The information is generally good for all of Prince George’s County, but the data is specific for Cheverly (part 4 of this series). From a neighbor who … Continue reading

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2018 Tax Assessment – Should I Appeal – Part 1 of 4

Part 1 – This page – General information gleaned from the 2 tax appeal clinics at the Cheverly American Legion. Part 2 – Advice from a neighbor who just got her worksheet and had a long conversation with the Assessment … Continue reading

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Shifting Debt to Tax Deductible

The Mortgage Interest Deduction is available to homeowners for up to $1,000,000 of acquisition debt on the combination of their first and second home. They can also deduct interest on up to an additional $100,000 of Home Equity debt. While … Continue reading

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