Bernalillo County Assessor Protest Form
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People also ask
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At what age do seniors stop paying property taxes in New Mexico?
The applicant must be 65 years or older or disabled (proof of disability status is required). The applicant must be a New Mexico resident. The subject property must be the applicant's primary residence and an owner occupied, single-family dwelling.
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How do I protest property taxes in New Mexico?
A taxpayer must submit a protest in writing, being sure to identify the tax or taxes involved and to state the grounds for the protest and the relief desired. You must include a summary of the evidence that you intend to produce to support your position.
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What is the head of family exemption in New Mexico?
What is the Head of Family Exemption? This exemption is a two thousand dollars ($2,000) reduction of the taxable value of residential property subject to the tax if the property is owned by the head of a family who is a New Mexico resident.
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How long can you go without paying property taxes in New Mexico?
How Long Can You Go Without Paying Property Taxes in New Mexico? If your New Mexico property taxes are delinquent for more than two years, your home will be added to a "tax delinquency list." (N.M. Stat. § 7-38-61 (2024).)
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Is New Mexico a notice state?
Currently, Alabama, Arizona, Connecticut, Florida, Illinois, Iowa, Kansas, Missouri, New Hampshire, New Mexico, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas, Vermont, and West Virginia are the jurisdictions where a notice statute is in effect.
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What is notification of value?
Your annual notice of property value, mailed in January, informs you of the Department of Finance's assessment of your property for the coming tax year. The NOPV is not a bill, and no payment is required.
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At what age can you stop paying property taxes in New Mexico?
If you are aged 65 or older, or have a disability, and earned less than $41,900 in 2023, you can apply for the Value Freeze Program.
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What is a notice of value in New Mexico?
The notice informs homeowners of the full value and net taxable value of their property for that year. The net taxable value on the notice is the basis of a tax bill mailed from the county treasurer's office later in the year. Exemptions are available for qualifying homeowners.
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