2023 PROPERTY TAXES 101 | HOMESTEAD EXEMPTION

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  • เผยแพร่เมื่อ 29 ส.ค. 2024
  • Let’s talk property taxes and homestead exemptions! Homeowners, it is critical to understand your property taxes, especially for new construction. Check out the @merit products Lisa is wearing in this video: muse.meritbeau... #meritbeauty #gifted
    MERIT BEAUTY:
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    Disclosure: We will earn a small commission from MERIT purchases made via the link above.
    ------------------------
    Please keep in mind that these are our opinions based on our personal experiences with new construction and with property taxes in our local area. This still is just the beginning of our new home story, and we’re excited to share it with you.
    Thanks for watching!
    CHECK OUT OUR EMPTY HOUSE TOUR:
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    • EMPTY HOUSE TOUR 2021 ...
    WHO WE ARE:
    We’re the Irvs! Thank you for subscribing to our TH-cam channel and following our Instagram @the.irvs as we share our journey with you.
    If you’re totally new here, we are Vincent and Lisa. Great to meet you! We’ve been together since our teen years and married for five years.
    We started The Irvs TH-cam channel in 2020 to share our debt-free journey and offer tips to others on the same path.
    Then, we took a little (long) break LOL.
    So. Many. Things. Happened.
    We are ready to jump back in, and we’re so happy you’re here!
    God is good. Dreams do come true.
    Stay tuned!

ความคิดเห็น • 51

  • @seewardone
    @seewardone ปีที่แล้ว +8

    Happy 1yr home ownership anniversary to all of us 🤗

    • @theirvs793
      @theirvs793  ปีที่แล้ว +1

      Congratulations!

  • @prettydisguised5487
    @prettydisguised5487 4 หลายเดือนก่อน +1

    I absolutely love your content! Anymore videos coming soon! They’re so helpful! In the process of purchasing in the last phase there!

    • @theirvs793
      @theirvs793  3 หลายเดือนก่อน

      We are glad you like them. I’m sure we will be producing some new content soon. Are there any particular topics you are interested in?

  • @bonniej0
    @bonniej0 ปีที่แล้ว +1

    A homestead also protect your house from people putting liens that are taking your house

  • @gregm7976
    @gregm7976 ปีที่แล้ว +5

    Texas is a very friendly state for Disabled Veterans and property tax exemptions. I'm a Veteran with a 100% disability rating and pay $0.00 in property taxes. Also, don't be afraid to appeal your tax bill! In the past I went before the appraisal board and disputed by property taxes and got thousands of dollars knocked off the overall appraised value. It's a very easy process!

    • @theirvs793
      @theirvs793  ปีที่แล้ว +1

      Thanks for sharing, Greg and thank you for your service!

  • @meshisha77
    @meshisha77 ปีที่แล้ว +2

    You guys are the cutest... so glad ur still making videos because it really does help us newbies. Im still building but will soon join ya 🎉🎉🎉

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      Thanks for the compliment! Enjoy the journey.

  • @amandaleeann22
    @amandaleeann22 ปีที่แล้ว +1

    Simple, real content. Thanks y’all! ❤

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      Thanks for watching!

  • @Shawps
    @Shawps ปีที่แล้ว +1

    You guys rock. Thank you for that clear simple video.

  • @marieriou2030
    @marieriou2030 ปีที่แล้ว +1

    So Happy to see the Irvs back!
    Love the makeup on beautiful Lisa, and plan to try the brand!

  • @marieriou2030
    @marieriou2030 ปีที่แล้ว +1

    Another Amazing and Beneficial Video!
    I love theirvs!💜💙

  • @michelleswanston5882
    @michelleswanston5882 ปีที่แล้ว

    i closed November 21, the deadline was in March for the new tax year, so I put it off while I moved and got settled, and then I happened to get a new job starting in March and had to focus on that transition, so unfortunately my procrastination caused me to miss out. i was shocked when my tax bill came out! and even more shocked when I saw my new mortgage payment, but fortunately i had also saved that escrow check and was able to apply it towards my escrow account to keep my payment low/manageable. And yes, the application took less than 5 minutes to complete, I still kick myself for not doing it right after closing. it was easier than turning on utilities for my new construction home.

  • @kellyschlumberger1030
    @kellyschlumberger1030 ปีที่แล้ว

    I qualified for the HOMESTEAD ACT due to being a 100% disabled service-connected veteran. After my house burned, I bought a camper to live in while I rebuilt. Morrow County Ohio kicked me out of the HOMESTEAD ACT. I asked why. "Because your house burned. You don't have a house." Why did you DOUBLE propery value then? "Because you made improvements to your house." They blamed everything on the State of Ohio. USC Title-18 defines HOMESTEAD as any piece of land you use as your permanent address. Many weird things happening. I feel helpless, and my PTSD is aggravated by stress of ANY KIND. How does State law supercede federal law? Apparently, when the lower jurisdictions want more money. Your take on this? Thanks for any advice or encouragement.

    • @theirvs793
      @theirvs793  3 หลายเดือนก่อน +1

      Sorry to hear that. Hope things have gotten better for you.

  • @crystalcrystal9050
    @crystalcrystal9050 ปีที่แล้ว

    So nice to see you guys!!! I love learning from you guys when buying a home ✨

    • @theirvs793
      @theirvs793  ปีที่แล้ว +1

      Thanks for watching! We appreciate the support.

  • @EricV485
    @EricV485 ปีที่แล้ว +1

    My county exemption requirements are ridiculous...have to be at least 65 years old or permanently disabled and making less than $33K per year...I want to know who owns a home at that salary...welp guess that disqualifies millennial first time home buyers like me...smh.

    • @theirvs793
      @theirvs793  ปีที่แล้ว +1

      That’s unfortunate. Your county doesn’t offer a regular homestead exemption for everyone?

    • @EricV485
      @EricV485 ปีที่แล้ว

      @@theirvs793 that’s the only one I see…Thanks for the reply! Keep up the great work y’all. I see mighty blessing and favor on you two and seeing you guys makes me hopeful for the future wife and kids I hope to fill my new home with.

  • @bonniej0
    @bonniej0 ปีที่แล้ว

    I think you have to get homeowners insurance to make up the difference for your house. Which I have.

  • @idgutz4910
    @idgutz4910 ปีที่แล้ว

    Thanks! Will look into my county's specifics

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      Enjoy the process!

  • @stellaharris1367
    @stellaharris1367 ปีที่แล้ว

    Question: what state do you live in, if you don’t mind telling me? If so, I totally understand. My husband and I are planning on relocating to FL. When you mentioned homestead, I thought about FL. Not sure which other states offer the homestead.

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      We are in Georgia. Pretty much every state has something. The rules may be different for the county you will be living in, but there is usually some type of homestead exemption.

  • @bonniej0
    @bonniej0 ปีที่แล้ว

    Can't you apply for that anytime not just the first year or would you buy a house but I have a house for 20 years I've been on disability and I've never got up homestead exemption or a break on my property tax so I downloaded the form with to reply or to submit it's only 35 bucks for the homestead and I should always have that and when they switch mortgage companies they didn't transfer or anything they didn't tell me I had to get another one and I told him I wanted one to make sure that was still active and they didn't lose the refinance.

  • @bonniej0
    @bonniej0 ปีที่แล้ว

    You need to file a lawsuit to get all your tax money back

  • @Crews1
    @Crews1 8 หลายเดือนก่อน

    Skip to 2:30

  • @bonniej0
    @bonniej0 ปีที่แล้ว

    Okay I'm on disability and I filed bankruptcy about 7 years ago and my homestead expired in 2010 with a different mortgage company mortgage bros they sold my mortgage to Wells Fargo and I don't even have a homestead I just looked it up and I can't believe it's expired so how do I go about this cuz I did call my lawyer they're like oh we never heard of an exempt homestead

    • @theirvs793
      @theirvs793  ปีที่แล้ว +1

      Call your county property tax office.

  • @Gigicason
    @Gigicason ปีที่แล้ว

    Do you have to pay back the money that the homestead exemption helps with the property taxes?

    • @theirvs793
      @theirvs793  ปีที่แล้ว +1

      Great question. No, as long as you qualify for the exemption you don’t have to pay back the savings. If you decide to break the rules and continue getting the exemption after you no longer qualify (ex: the home becomes an investment property), then they could certainly ask for you to pay them back for the time you did not qualify.

    • @Gigicason
      @Gigicason ปีที่แล้ว

      Thank you!!

  • @PrayWithPurpose2023
    @PrayWithPurpose2023 ปีที่แล้ว

    Where can I find out how much exemption will I receive?

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      Reach out to your local property tax office.

  • @jaredsmith1214
    @jaredsmith1214 ปีที่แล้ว

    How is DR Horton home apply to homestead. Sounds like tax fraud.

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      It’s not tax fraud and it has nothing to do with DR Horton. As a home owner, you can apply for homestead exemption if it is your primary home.

  • @Y_Alexandra
    @Y_Alexandra ปีที่แล้ว

    Hi, What if my home is payed off? I’m in Cypress,Texas my property taxes are $6,000 due now 😅.

    • @zeroninja400
      @zeroninja400 ปีที่แล้ว

      Our home is also paid off too and we were told to apply for it and it was approved

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      As long as it’s your primary residence you should still benefit. But always check your local rules.

  • @DebbieLomeli
    @DebbieLomeli ปีที่แล้ว

    Are we talking about Make Up ? or Homestead Exemption

    • @theirvs793
      @theirvs793  ปีที่แล้ว

      Homestead exemption

  • @RozyRoPink150
    @RozyRoPink150 ปีที่แล้ว +1

    I got turned off by the whole 15 minute make up commercial. I’m moving on to the next TH-cam video about tax exemptions 🤷🏻‍♀️