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09 Jul Why is the Stay NJ income level so high?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Retirement, Taxes

This tax break is supposed to kick in starting in 2026....

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08 Jul We earn $300K. Would we get anything under Stay NJ?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The Stay NJ property tax plan promises to cut taxes by up to 50%....

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05 Jul Will we have to pay the exit tax if we don’t have a big gain?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The exit tax is actually an estimated tax on the gain from your home sale. ...

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04 Jul Can we get ANCHOR for our second home?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

ANCHOR is meant to defray property tax expenses....

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03 Jul Can I add my minor daughter as an owner of my house?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate

There can be complications when you own property with another person. ...

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01 Jul What happens with ANCHOR on my tax return?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The ANCHOR benefit is supposed to help alleviate your property tax burden....

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26 Jun I’m confused. Why didn’t I get a Senior Freeze check?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The state's property tax breaks can be very confusing. ...

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25 Jun How can I figure out capital gains tax on this property?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

There are several tax issues to consider when you sell your home. ...

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24 Jun We sold our home. Do we owe the exit tax?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The exit tax is a pre-paid, estimated tax based on your home sale. ...

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18 Jun Are there any updates relative to ANCHOR benefit for tax year 2021?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

This benefit is funded each year in the state budget....

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