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by sokoloff
1687 days ago
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Many places have a (small) rebate for owner-occupied real estate. Cambridge, MA is one; I get a break for living in my house as a primary residence. Edit to add: I looked up the exemption calculation. It excludes up to $432,666 from the assessed value. Multiply that exclusion by the rate of 0.00585 ($5.85 per $1K per year) and the exclusion reduces a homeowner's taxes by $2,531.10/yr. |
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