tax

SMART FAQ About the DC Transfer and Recordation Tax

SMART FAQ About the DC Transfer and Recordation Tax

When you buy a home in Washington, DC, the number of different fees and taxes you pay can be overwhelming. One tax that will most likely apply to you is the DC Transfer and Recordation Tax. Learn the facts about this expense and your obligation to pay it.

SMART FAQ About the DC Tax Abatement Program

SMART FAQ About the DC Tax Abatement Program

The DC Office of Tax and Revenue offers financial assistance through their Tax Abatement Program. Find out if you meet the qualifications and how to apply!

SMART FAQ on DC Homestead and Senior Citizen Tax Benefits

SMART FAQ on DC Homestead and Senior Citizen Tax Benefits

If you own a home in Washington, DC, you may qualify for the Homestead Tax Deduction, Senior Citizen, or Disabled Property Owner tax benefits! Learn more about each program in this article.

What is the Foreign Investment in Real Property Tax Act (FIRPTA)?

What is the Foreign Investment in Real Property Tax Act (FIRPTA)?

If you are a foreign property owner who is selling US property or are buying from a foreign seller, you need to know how the FIRPTA law affects you. Learn about the tax implications and exemptions here.