Category Archives: Taxes

Short-selling Homeowners Rejoice!

Posted on January 4, 2013 by susanpruden

I was not one to be overly concerned about the “Fiscal Cliff” – I saw it more as a gradual slope, but there was one thing set to expire on the last day of 2012 that really worried me. The … Continue reading →

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Homestead Property Tax Credit – New Law

Posted on September 29, 2012 by susanpruden

Straight from the District 47 “Annapolis Report” – legislation that affects homeowners and landlords: Homestead Property Tax Credit: Marylanders who wish to receive a tax credit for their owner-occupied residential property must apply to the State Department of Assessments and … Continue reading →

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Get Your Tax Credit Before You Buy

Posted on March 23, 2012 by susanpruden

Maryland offers a tax credit program for buyers and for homeowners who make $60,000 and under and whose property taxes exceed a certain percentage of that person’s total gross income. I worked with buyers last year who applied for this … Continue reading →

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Fighting Your Tax Bill

Posted on May 16, 2011 by susanpruden

Is it worth fighting your assessment? Sometimes it is. Sometimes you run the risk of the Tax Man realizing that he didn’t know about the addition you built, or the half bath you added and your assessment might go off … Continue reading →

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You Might Be Delayed In Getting Your Tax Refund If…

Posted on March 21, 2011 by susanpruden

you are claiming the First Time Home Buyer Tax Credit. The agency has reported few problems with processing returns and refunds, but this could be a difficult tax year for those who must repay the First Time Homebuyer Credit, a … Continue reading →

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