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tax

MA Residential Tax FY19 Comparison

In Massachusetts, real estate taxes are set annually during the city/town budget process and require state approval.  A variety of personal exemptions are available; some offer a “Residential Exemption*” which lowers the tax burden for homeowners occupying their primary residence.  Verifying tax details from a trusted source is vital to accurately determine the overall cost…

FY18 Residential Taxes

The FY18 Residential Tax Rate* in Cambridge, MA is 6.29% and almost half the rate of neighboring Arlington, MA (12.13%).  But in Cambridge, homeowners occupying a primary residence may be eligible for the Cambridge Residential Exemption saving up to $2,132 annually! Home Buyer Beware:  Residential tax information provided in MLS Listings may not be accurate especially…