Photo by Alexander Mils on Unsplash
Written by Jaclyn DeJohn | Stacker
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Whether an individual or family is just starting out as a first-time homebuyer or retirees are paying off their retirement home, real estate taxes will be a required ongoing housing cost. This money covers municipal costs, local infrastructure, and other amenities. Local tax abatements and homestead exemptions may help homeowners with some of that cost, but it can still add up to a significant amount over time.
