you can homestead you house for the price you paid for it
Not close at all. Homestead is in south Florida. It is a minimum 10 hours from Myrtle Beach.
I'm looking at MLS listings in Ococee and Windermere, just outside Orlando, in Orange county. I'm looking at homes priced just under $300,000. The listed taxes are running $5,000 to $7,000 per year, to me that is very high. I'm not sure what these homes are taxed accessed at but due to all the foreclosures and short sales, I would say that reassessments will be forth coming. If it is your primary residence you can apply for the homestead exemption. It is, at a minimum, a $25,000 deduction from a home's assessed value as determined by the county property appraiser. Take the home's assessed value, subtract $25,000, and apply the local millage rate to calculate the property taxes due. They are now offering " beginning 2009 I think " an increased homestead exemption of an additional $25,000 will be applied to homes worth at least $75,000, though the second $25,000 exemption does not include school tax deductions. Homes valued at $50,000 or less will receive a $25,000 exemption. Homes valued from $50,000 to $75,000 received a prorated deduction beyond the initial $25,000. There is no separate application for this new and additional exemption, and new homeowners who apply for the traditional homestead exemption before March 1 will automatically receive the savings. The same is true for long-time homeowners. They will receive the additional homestead exemption automatically if their home has an automatic homestead status renewal. No action is necessary.Sherry,Crystal Coast North Carolina
Minimum wage in California is currently (2009) $8.00
An AMT exemption is a provision that allows taxpayers to reduce their income subject to the Alternative Minimum Tax (AMT). The AMT is designed to ensure that high-income earners pay a minimum level of tax, regardless of deductions and credits. The exemption amount varies based on filing status and is adjusted annually for inflation. It effectively shields a portion of income from being taxed under the AMT system.
As of now, the alternative minimum tax in California is still in effect.
yes indeed it is
In 2014, the minimum wage in Fresno, California, was $9.00 per hour. This rate was consistent with California's statewide minimum wage at that time. However, it is important to note that local ordinances can vary, and discussions around increasing the minimum wage were ongoing in various parts of California.
The minimum wage in the state of California is $8.00/hr. It may be higher in certain California cities like San Francisco according to local laws.
I believe the minimum wage in 1975 was $1.60/hour.
The minimum age of responsibility in the California juvenile justice system is the minimum age of 8 years.
In California, there is no specific minimum dollar amount that dictates when a concrete pumper must be licensed. All concrete pump operators are required to have a valid contractor's license, regardless of the job's monetary value. This requirement ensures that operators meet safety and professional standards for their work. It's essential for operators to comply with state regulations to avoid penalties and ensure public safety.
The minimum wage rate for California, as of 1st January 2008, is $8 per hour. This is currently higher than the US federal minimum wage rate. However, in the event that the US federal minimum wage rate rises above that established by the California state government, employees must be paid the higher rate.