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Many states ease the property tax burden of residents who are 65 or older.
With age comes certain privileges, including lower property tax bills. More than one-quarter of states offer some type of property tax exemption to those who are 65 or older. A property tax exemption is a specific type of property tax break that reduces the assessed value of your home, which in turn typically lowers your property taxes themselves. Here’s a look at some states that offer…
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