Viewing a single comment thread. View all comments

fredblockburn t1_j2b3x0v wrote

Reply to comment by DiscoDeadhead in Property Tax - 70% increase by tennajane

Actually the state property taxes can go up 10% and Baltimore city is capped at 4%. Luckily the state portion is a lot smaller.

5

DiscoDeadhead t1_j2c22dk wrote

I forgot about state but the 4% is where the major savings come in. When I bought my house in 2000 the taxes were $1800 but with the homestead credit I’m only paying about 4K of a $7500 assessment

3