Real Estate Taxes Bump Up at VAIL Resorts 7S and HV

September 12, 2022 by Leave a Comment

Properties in Hidden Valley sit in Jefferson Township and at Seven Springs Middlecreek Township. Both have seen their millage rates go up this year, Hidden Valley/Jefferson Twp to 64.64 and Seven Springs/Middlecreek Twp to 36.99. The Somerset County Real Estate Search will help YOU figure out your new property tax amount. There’s a box that asks you to “CLICK HERE TO CONTINUE REAL ESTATE SEARCH.” A new page will open and fill in your last name and municipality click the search button. New page opens then find your name (may be more than one Miller) and click the link. Scroll down to the bottom left and click on “View Property Tax Calculator.” If you get lost, catch up and I’ll help:)

2022 NEW MILLAGE
2022Millage

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Filed Under: School Tax, Laurel Highlands Living, 2nd Home, Taxes, Somerset County, Real Estate, Buyers, consumer information, Sellers, Vail Resorts, 7S, HV, Somerset, Seven Springs, Consumer Info, Real Estate, HIDDEN VALLEY Tagged With: , , , , , , ,

TAX TIME and RENTAL DEDUCTIONS

February 26, 2022 by Leave a Comment

Did you rent out your primary or 2nd home in 2021? If so some of you may be wondering just IF and WHAT your deductions may add up too. First YOU should discuss this information with your tax advisor as I am only SHARING information directly from the IRS. This information discusses “Topic # 415 Renting Residential and Vacation Property”  There are multiple links to help you file in April.

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Filed Under: Deductions, 2nd Home, Taxes, Governance, Seven Springs, Consumer Info, Real Estate, HIDDEN VALLEY, LAUREL HIGHLANDS Tagged With: , , , , , , , ,

PA Property Tax and Rental Rebate Program

January 31, 2022 by Leave a Comment

Fron Senator Stefanos weekly newsletter, “Older and disabled Pennsylvanians can apply now for rebates on property taxes or rent paid in 2021.

The Property Tax/Rent Rebate Program benefits eligible Pennsylvanians age 65 and older, widows and widowers age 50 and older, and people with disabilities age 18 and older. The income limit is $35,000 a year for homeowners and $15,000 annually for renters, and half of Social Security income is excluded.

After checking eligibility requirements, you can file your rebate application online by visiting mypath.pa.gov. Submitting your application online does not require you to sign up for an account. You can check the Property Tax/Rent Rebate Program instruction booklet to learn which information you will need to complete the process.”

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Filed Under: Rentals, Taxes, Governance, PA, Consumer Info Tagged With: , , , ,

REAL ESTATE TAXES

July 22, 2021 by Leave a Comment

If you are considering buying property at Hidden Valley or Seven Springs there are multpile factors that should be evaluated BEFORE signing that offer! A big one is real estate taxes. Here we have County, Township. and School property taxes. The County (will have the same millage for both resorts) and Township (HV is Jefferson Twp, 7S is Middlecreek) are based on the calender year. School Taxes (HV Somerset 7S Rockwood) are fiscal running from July 1 through June 30th and those bills are just NOW being sent out.

HV millage for the 2021 year school tax has gone up to 43.24 mills. 7S millage is 21.89 mills. That’s a big difference.

IF the assessed value (the number used to find the tax) were the same say $50,000 th HV tax would be $2,162.00 and the 7S tax would be $1,094.50 

Here’s a link to the 2021 Millages for Somerset County

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Filed Under: School Tax, Taxes, Seven Springs, HIDDEN VALLEY, LAUREL HIGHLANDS Tagged With: , , , , , , , ,

Tax Deductions for Home Owners

February 23, 2019 by Leave a Comment

Visit houselogic.com for more articles like this.

Copyright 2019 NATIONAL ASSOCIATION OF REALTORS®

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Filed Under: Taxes, Consumer Info Tagged With: ,

All information deemed reliable but not guaranteed. Copyright 2022.



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