New Hampshire HB1648 provides a property tax exemption of up to $300,000 for owner-occupied primary residences.
New Hampshire HB1648 introduces a property tax exemption for owner-occupied primary residences. To qualify, an owner must reside in the property for more than six months a year and use it as their primary dwelling. The exemption reduces the taxable assessed value of the property, lowering the property tax owed. The exemption is capped at $300,000 or the assessed value of the property, whichever is less. Owners must file a complete application with their local assessor's office by April 15 each year.
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