Good News for Long Island: PROPERTY TAX CAP SIGNED INTO LAW..

Property tax CAP signed into Law:Many homeowners have seen their property taxes increase over the years. If you brought a home 25 years your taxes was $1,500 in comparison to today your taxes increased to $11,900. Now with the property tax cap signed into law. Now, Homeowners got a little relief knowing that property taxes wont be increasing every year. The measure caps property tax increases to 2 percent or inflation,whichever is less. Now with the property tax cap, homeowners can feel relief.

Now if your looking to purchasing a home or selling a home and need more information on your property tax. Please contact your local town tax office for more details.