Frequently Asked Questions

Q: If I succeed in appealing my property taxes this year, will I be affected in the next year?
A: No, each year is considered separately.

Q: Why is the value of my property more than that of my neighbor?
A: There may be higher quality and condition codes on your property. Typically, you can not find these ratings on the internet but RPT can get them.

Q: Is there a limit to how much property values can increase each year?
A: Residential homesteads are the only property types that have a limit, which can only be 10% of the taxable value. Other properties typically change value each year and no limits are imposed.

Q: Why are the benefits of hiring a professional property tax consultant?
A: Having an experienced tax consultant on your side is like hiring an attorney or a doctor. You want an expert who has specific knowledge in dealing with your particular issues.

Q: How can I tell if my taxes are too high?
A: Hiring a professional consultant is the only way to know for sure. RPT is risk free and takes very little time.

Q: Why should I appeal my property taxes if I don’t think I’m paying too much?
A: Your taxes may not be comparable to those with similar properties. Reductions often occur as a result of inequality.

Q: How does a Homestead exemption lower my taxes?
A: Homestead exemptions allow a $15,000.00 reduction off a property’s taxable value.

Q: How do I qualify for a Homestead exemption?
A: If you own a house, mobile home, or condominium, and use it as your primary residence on January 1st, you can apply for a homestead exemption.

Q: At what age can I qualify for a Homestead school tax ceiling?
A: Persons aged 65 or older can apply for an “over 65 exemption” which will include a school tax ceiling.
This ceiling means that the school taxes will not go over a specific amount unless additions are made to the home. If additions are made, the ceiling will be adjusted accordingly.