07 Jan What happens to Senior Freeze if I do a Roth conversion?
A one-time income boost may interfere with this property tax benefit. ...
03 Jan If I leave this house to my sister, will she owe inheritance tax?
The state's inheritance tax is based on your relationship to the person who dies....
02 Jan How do reverse mortgages work? Should I get one?
You should not enter into a reverse mortgage lightly. Do the research. ...
01 Jan Can a dead person’s ANCHOR be reissued in heirs’ names?
The most recent ANCHOR benefit is for the 2021 tax year. ...
30 Dec Do I lose ANCHOR and other benefits with a house in a trust?
The specifics of the trust matter so it's worth meeting with a professional....
25 Dec I own a home with a partner. Do we both full ANCHOR benefits?
The ANCHOR benefit pays up to $1,750 to homeowners and $700 for renters. ...
24 Dec Can I save on taxes when I sell my second home?
It depends on whether you ever rented out the home. ...
17 Dec Does a deed have to be changed to get property tax benefits?
There are pros to changing a deed after someone dies. ...
11 Dec Is there a table that shows all the N.J. property tax breaks?
A new tax benefit will make it easier to keep track of the options. ...
09 Dec If I sell my N.J. condo, will I owe capital gains tax?
Some property sales have tax benefits, while others may cost you. ...