Re: My friends grandmother just had to sell her house because she couldn’t afford it anymore.
WRONG ! BUZZZZZZZZZZZZZZZZZZ
Date: January 25, 2023 12:56AM
>There is an elderly retired person property tax exemption or cap.
It depends on where she lived , in Fairfax people over age 65 can get tax relief discounts on their real estate tax not personal property tax it can be 75 50 or 25 % of the full tax bill depending on income with standard across the board net worth limit not including the value of the home but cash at hand in banks stocks bonds cars and other assets
But that is not constant across Virginia and the US other counties in Virginia have much lower income and asset limits and some states may have no tax relief
Lots of old people are house rich and cash poor in NoVa
AND A WHOLE LOT OF PEOPLE ARE OUT OF LOTS OF MONEY EACH MONTH BECAUSE OF THE FAILURE OF JOE BIDEN AND HIS DEMOCRATS TO LEAD THIS NATION
MASSIVE INFLATION HIGH INTEREST RATES HIGH AS HELL ENERGY COSTS ARE ALL THE COST OF A VOTE FOR A WOKE FAR LEFT DEMOCRAT LEAD NATION !
IN VIRGINIA DEMOCRATS HOLD THE VIRGINIA SENATE THE GOP THE HOUSE OF DELEGATES
THIS NOV THROW OUT AS MANY OF THE DEMOCRATS AS WE CAN ON ELECTION DAY TO KEEP ALL OF OUR RIGHTS AND LOWER OUR COSTS