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Metropolitan DC Local Politics
Reply to "montgomery county tax assessments - WTF"
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[quote=Anonymous][quote=Anonymous]Does everyone get assessed at the same time? I don’t think I received anything but if mine go up that much, I’ll be pretty upset.[/quote] Properties get reassessed on a three-year cycle. Maryland and Montgomery County both have tax credit programs for homeowners on fixed incomes. Homeowners also have a homestead property tax credit, which provides that your taxable assessed value can only go up by 10% per year. If you think your assessed value is too high, then you should appeal. If you want to help your neighbors appeal, then you should do that. Look at comparable properties in the area that recently sold.[/quote]
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