nfl jerseys Filing Homestead Exemption in Houston Texas

This way you can simply buy a new house in nfl jerseys Houston, Texas. Or are you considering moving to the Lone Star State and the acquisition of certain assets from the reality of Houston, but have simply not yet arrived in paradise. Well, here is some information that will save you money if you are a homeowner happy here. If you are not saddled his horse and went to Houston, but this information could come to Texas, a little faster. First, the Texans do not believe in a product of the government tax. Yes, we do not have this error in these regions. If you work and live here in Houston, you are not a penny to pay income tax to the state. Second, because the Texans or for those who here as fast as he could Texas is a family of the state. This allows landowners to Houston to an exemption farm in the county they live supply as a result, the owner, a significant reduction in annual property taxes the county government and school district. This means that the owner of a lot of money over the years.

For example, if you live in Harris County, in and around the Houston Areathe homestead exemption gives you a 20% reduction off the assessed value of your home. Remember, we are talking about the home that is your primary residence. The school district, say Houston Independent School District, gives you a $15,000 reduction off the assessed value of your home.

Let's look at the numbers for county taxes. If you home is assessed at $100,000 (simple math works best for me) and the county tax is .39 cents per hundred of assessed value, then your annual county taxes are $390.00. With a 20% reduction in value, your annual county tax reduces to $312.00. That was easy enough.

Now, your Houston ISD tax rate for year 2008 has been set at $1.1567 per hundred of assessed value. By the way, the tax rate in year 2005 for HISD was $1.62. Every little bit helps. Anyways, without a homestead exemption, your annual school tax will be $1,156.70. File your homestead exemption and "bam" your annual school tax is now $983.19 thanks to the $15,000 reduction of the assessed value.

The total savings between both tax entities is $251.51 per year thanks to the homestead exemption. Th nfl shop ink of the savings if our property is assessed at $200,000 or more. I'm too exhausted now to do the math. I have no doubt you can calculate your savings quickly, especially if you are looking for a new home in Houston, Texas.

And, you want to pay more taxes-because?

For senior citizens and disabled persons, the tax savings for filing the appropriate exemption is even greater. It's just a bit more complicated. You can go online with your county tax office and get just about all the information you need. Oh! You can call me too if you like, or email me at richardelkowitz@westsiderealtors.com. Whether it's Houston, Texas land for sale or a new Home in Houston, you're Re/Max Houston professional will locate the right propert cheap nfl jerseys y for you.