Posts tagged Property Taxes
Many King County Cities See Smaller Property Tax Bills

Tax season is here and homeowners in the region are receiving their property tax bills in their mailboxes. Following years of double-digit increases for homeowners, many are feeling a welcome relief this year, as Seattle Times reports that approximately half of the cities in King County are seeing a slight decrease compared to last year’s rates.

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Sold Your Home This Year? Consider Writing Off Some Common Expenses

If you’ve sold a home this year, then you can expect that come springtime, you’ll be facing a capital gains tax. As Homelight  describes, “your house is considered a capital asset and, depending on how much you sell it for and how long you’ve owned and lived in it,” you may qualify for a number of tax deductions that will “lower your capital gains tax obligation.”  

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