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DC Public and Public Charter Schools
Reply to "residency cheater"
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[quote=Anonymous][quote=Anonymous]Real Estate Broker here. [b]I've had numerous transactions where a family held onto Grandma's house (in DC) after she was deceased for the school issue.[/b] It's not just pre-K. It's easy drop off from work, better schools (although not that good), and tradition (what has always been done -- like church parking). But DC Vacant Real Property Tax has changed things. The taxes on a vacant house are so high, it forces the sale. And change. But 3-6 siblings end up with about $100K each, depending on the property. It's not always money, it's culture. [/quote] What transactions are these families having with you if they are not selling the homes? [/quote]
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