How To Save Money On Your Property Taxes
The College Investor Audio Show · The College Investor
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Show Notes
Property taxes are typically your largest homeownership expense after paying your mortgage. Any way to save on your property taxes can be a big win for your budget!
Homeownership can be a true joy. The thought of holding your very own keys in your hands and being able to point and say “That’s my house”.
That’s until it’s time to pay property taxes. The average property tax in California is $4,694 per year whereas in places like New Jersey and Connecticut, it ranges from $6,400-$9,300 per year. This is undoubtedly not one of the joys of home ownership.
Now of course, we all want to be great citizens and do our due diligence to help with infrastructure and projects that benefit our communities. However, there is no reason to be overpaying your property taxes.
There are ways to legally reduce your property tax bill - let's dive in.