Comments on: Maryland homeowners to reapply for homestead deduction http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/ Choice Finance® Fri, 21 Nov 2008 06:48:49 +0000 http://wordpress.org/?v=2.3.2 By: Anil Srivastava http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/#comment-1583 Anil Srivastava Sun, 10 Aug 2008 15:09:27 +0000 http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/#comment-1583 We bought our property last year (October 2007) on moving from California. How do we find out if the property the property is in the 1/3rd re-assessed property list? or as another homeowner said "...form can be filed anytime up until late in 2012....SDAT will start sending out reminder notices". We bought our property last year (October 2007) on moving from California. How do we find out if the property the property is in the 1/3rd re-assessed property list? or as another homeowner said “…form can be filed anytime up until late in 2012….SDAT will start sending out reminder notices”.

]]> By: Homeowner http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/#comment-263 Homeowner Wed, 30 Jan 2008 22:09:42 +0000 http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/#comment-263 Actually, the "deadline" of 4/1/08 is really more of just a "due date". The form can be filed anytime up until late in 2012. If you received the form this year (because it was your turn to receive an assessment notice) and you don't return the form or complete the form on the web, then the SDAT will start sending out reminder notices to you. The'll keep nagging you to return the form all the way through 2012, and if you still don't return the form by 2012, then they'll change your property status to "not owner occupied". Still, homeowners who received the form this year might as well complete it now and get it out of the way. It's free, it's easy, and it even comes with a postage-paid envelope. Actually, the “deadline” of 4/1/08 is really more of just a “due date”. The form can be filed anytime up until late in 2012. If you received the form this year (because it was your turn to receive an assessment notice) and you don’t return the form or complete the form on the web, then the SDAT will start sending out reminder notices to you. The’ll keep nagging you to return the form all the way through 2012, and if you still don’t return the form by 2012, then they’ll change your property status to “not owner occupied”. Still, homeowners who received the form this year might as well complete it now and get it out of the way. It’s free, it’s easy, and it even comes with a postage-paid envelope.

]]> By: John http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/#comment-128 John Thu, 17 Jan 2008 18:57:17 +0000 http://www.choicefinance.net/blog/2008/01/09/maryland-homeowners-to-reapply-for-homestead-deduction/#comment-128 MOST PEOPLE DO NOT HAVE TO FILE THIS YEAR. It is only mandatory on those properties that have been re-assessed this year, and the state will be mailing the form with the new assessment notice. Maryland re-assesses 1/3 of all properties each year, so it will be 3 years before everyone is covered by the law. It is also mandatory on sale transactions, and likewise the state will be mailing the form to the purchaser. **Homeowners whose properties are not in that one-third of the county being reassessed this year can wait until their properties are assessed in the next two years to submit an application. MOST PEOPLE DO NOT HAVE TO FILE THIS YEAR. It is only mandatory on those properties that have been re-assessed this year, and the state will be mailing the form with the new assessment notice. Maryland re-assesses 1/3 of all properties each year, so it will be 3 years before everyone is covered by the law. It is also mandatory on sale transactions, and likewise the state will be mailing the form to the purchaser.

**Homeowners whose properties are not in that one-third of the county being reassessed this year can wait until their properties are assessed in the next two years to submit an application.

]]>