April 15th is tax day! Yes, income tax day, but a great day to remember to check whether or not you are receiving all property tax exemptions within your county of residence. Whether you live in Forsyth, Fulton, Dawson, Lumpkin or Cherokee, make sure you learn your County's Property Tax Exemptions.
It is also an important factor to consider when deciding where to purchase your next home. For instance, did you know that certain Senior Citizens receive huge exemptions on their property taxes in Forsyth County? Homeowners in Forsyth County who are 65 years of age on or before January 1 are entitled to a full exemption in the school general and school bond tax categories. In addition, Forsyth County offers two local exemptions to disabled taxpayers. For more information on these and other Forsyth County Property Tax exemptions, visit
www.co.forsyth.ga.us. I've listed additionally helpful county and city links below.
Fulton County -
www.fultonassessor.org.
Dawson County -
www.dawsontaxassessors.org.City of Alpharetta -
www.alpharetta.ga.usCherokee County -
www.cherokeega.comLumpkin County -
www.qpublic.net/ga/lumpkin/Plus, don't forget to keep the HUD statement you receive at the closing of your property. This is helpful when figuring your annual federal or state income tax return -- you can often deduct the property taxes, points and interest paid on a mortgage. Set up a consultation with a tax adviser to learn more about the restrictions on these types of deductions.