NEW STAR Program Guidelines
The New York State Department of Tax and Finance has published a form for distribution to new homeowners providing guidance on the new STAR tax credit program. Homeowners who purchased their current home prior to May 1, 2014 and already receive the STAR exemption under the current program do not have to do anything. There are no changes for them and they will continue to receive their STAR exemption. If a homeowner purchased a home between May 1, 2014 and Aug. 1, 2015, they may fall under the new STAR credit program and may have to apply. More information can be found below. Homeowners who purchased after Aug. 1, 2015 will fall under the new STAR credit program and will have to register online.
If you or someone you know purchased a home after May 1, 2014 please be sure to pass on this information.
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It is important to have an agent who cares about your needs long term and Peter's business philosophy is to make your home buying or selling experience as easy as possible. As a top Coldwell Banker agent in Westchester County, Peter has the knowledge and experience to successfully navigate you through your real estate transaction. Having participated in over 200 real estate transactions in Westchester County, Peter can answer your questions honestly and accurately. Whether you are thinking of buying or selling, contact Peter today to get started!