If you own and live in your Boston property as your primary residence, you likely qualify for a residential exemption on your real estate taxes. Through this exemption, the City releases you from paying part of your property taxes. Last year, the residential exemption saved qualified homeowners up to $2,719.09 on their tax bill.
For Fiscal Year 2020, you have until April 1, 2020 to file the application. For more information, including the application and other requirements, visit the City of Boston’s website here.
There are a number of benefits to homeownership, and this exemption is one of them. Be sure to take advantage!