Tag: property tax deferral
A proposed pilot project could relieve the tax burden on older people. Some exciting news. Adam Scanlon, a representative in the Massachusetts House, has submitted a bill to establish “ a senior property tax deferral pilot program.” I have always been a great fan of thinking about the house as a retirement asset and about…
Recent study shows that most people don’t move; only 14 percent are “frequent movers.” As retirees live longer, spend more on medical care, and get less income replaced by Social Security, many may need to tap their home equity to be comfortable in retirement. The most direct way to access home equity is downsizing, but…
