Anonymous
12/01/2025 13:12
Subject: Property Tax Fraud: Can it affect MCPS funding?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live close to a MoCo rental property that is claimed by the owner as a principal residence (according to SDAT). Is he just lazy or is this also a move that reduces his property tax contribution for public schools?
Yes this reduces their property tax payment. Less property taxes = less money for the County to allocate to schools.
Citation please.
Maryland Law
So how much would a landlord save in property taxes by claiming a $500,000 rental property as their primary residence? Or is it a just negligible amount and simply a matter of less paperwork for the owner?
They save 10%. In a 550k townhouse in Takoma Park, that's a savings of around $750 annually.
https://dat.maryland.gov/realproperty/pages/maryland-homestead-tax-credit.aspx
Anonymous
12/01/2025 13:07
Subject: Property Tax Fraud: Can it affect MCPS funding?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live close to a MoCo rental property that is claimed by the owner as a principal residence (according to SDAT). Is he just lazy or is this also a move that reduces his property tax contribution for public schools?
Yes this reduces their property tax payment. Less property taxes = less money for the County to allocate to schools.
Citation please.
Maryland Law
So how much would a landlord save in property taxes by claiming a $500,000 rental property as their primary residence? Or is it a just negligible amount and simply a matter of less paperwork for the owner?
Anonymous
12/01/2025 13:04
Subject: Property Tax Fraud: Can it affect MCPS funding?
Anonymous wrote:Who cares!
People that want funding for public schools.
Anonymous
12/01/2025 12:56
Subject: Property Tax Fraud: Can it affect MCPS funding?
Who cares!
Anonymous
12/01/2025 12:44
Subject: Property Tax Fraud: Can it affect MCPS funding?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I live close to a MoCo rental property that is claimed by the owner as a principal residence (according to SDAT). Is he just lazy or is this also a move that reduces his property tax contribution for public schools?
Yes this reduces their property tax payment. Less property taxes = less money for the County to allocate to schools.
Citation please.
Maryland Law
Anonymous
12/01/2025 12:19
Subject: Property Tax Fraud: Can it affect MCPS funding?
Anonymous wrote:Anonymous wrote:I live close to a MoCo rental property that is claimed by the owner as a principal residence (according to SDAT). Is he just lazy or is this also a move that reduces his property tax contribution for public schools?
Yes this reduces their property tax payment. Less property taxes = less money for the County to allocate to schools.
Citation please.
Anonymous
12/01/2025 12:13
Subject: Property Tax Fraud: Can it affect MCPS funding?
Anonymous wrote:I live close to a MoCo rental property that is claimed by the owner as a principal residence (according to SDAT). Is he just lazy or is this also a move that reduces his property tax contribution for public schools?
Yes this reduces their property tax payment. Less property taxes = less money for the County to allocate to schools.
Anonymous
12/01/2025 11:34
Subject: Property Tax Fraud: Can it affect MCPS funding?
I live close to a MoCo rental property that is claimed by the owner as a principal residence (according to SDAT). Is he just lazy or is this also a move that reduces his property tax contribution for public schools?