New Hampshire HB1648 provides a property tax exemption for owner-occupied primary residences.
New Hampshire HB1648 introduces a property tax exemption for owner-occupied primary residences, up to $300,000, to promote homeownership and provide tax relief. To qualify, applicants must own and occupy the property as their primary residence by January 1 of the preceding tax year, file a complete application by April 15, and be legal residents of New Hampshire. The exemption reduces the taxable assessed value of the property, lowering the property tax owed.
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