Posts Tagged ‘property’


Will The Irs Intercept Your Tax Refund If You Owe Back Property Taxes?

Thursday, August 6th, 2009

A Reader Asks…

If we owe back property taxes for 2007 will our refund from the IRS be taken this year to help pay for the back taxes? Any info would be appreciated!!! Thank you.


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Do I Pay Taxes From The Amount Sold Over The Value Of Property?

Thursday, July 30th, 2009

A Reader Asks…

We do not own a home, we rent. We do own property and sold it. How do we know what to base the tax on. Can we take the value of the property and subtract that from the sale of the property and pay taxes on the difference?


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What Is The Difference Between Homestead Taxes And Property Taxes And Do You Have To Pay Both?

Wednesday, July 29th, 2009

A Reader Asks…

I read an insert for a home that my husband and I were looking at and part of it stated: “property taxes $—-.–, however homestead taxes are much lower”. I am assuming that these two are different kinds of taxes, but do you have to pay both and why is one cheaper than the other?


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