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Sfusd Senior Exemption  Form

Sfusd Senior Exemption Form

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Instructions and help about senior citizen exemption application form

what is the new york city senior citizen homeowners exemption we'll demystify this topic in the following video i'm naked hauseit check out our website hauseit.com to learn how to save money on commission when buying and selling real estate in new york city long island and the hudson valley so let's get started the senior citizen homeowners exemption allows seniors the age of 65 and above with an annual income of 58 399 or less to reduce the property tax bill on their primary residence here in new york city this is accomplished by reducing the taxable assessed value of a qualifying seniors home by up to 50 percent the property tax break applies to seniors who own one two or three family homes co-ops and condo apartments the senior citizen homeowners exemption reduces the assessed value of the qualifying property by five percent to fifty percent based on income the maximum reduction of fifty percent is available for incomes between zero dollars and fifty thousand dollars a year the siz

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