Portland Property Tax Exxemption For New Homes
Filed Under Portland · Tagged: Portland Homes, Portland Realtor, Relocation
In Portland Housing market, there is a new tax exemption(LTE) program for newly constructed homes. This exemption reduces the homeowners monthly payments, and saves them thousands of dollars in the 10 year period.
-The builder would of had to apply for this program before even gaining building permits.
-The home must be owner occupied in throughout the exemption period.
-Property taxes become fully assessed once the ten year exemption period is over.
Ask me about this program and I will guide you thru the process.
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