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Tax Break For Addition |
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Edith Lank, I read your column every week; I don't recall reading anything like my question. We are planning on adding on so my mother (76) can move into our house. Is there any kind of tax break for doing something like this? |
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If anything is available it would be a local program, and you can always inquire of the building or housing bureau in your town or city hall. I doubt if most areas have any particular incentives for what you're planning. In fact, depending on local tax procedures, you may find your assessment value raised after the additions, which would result in a higher property tax bill |
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Edith Originally published on January 22, 2005 |
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