I like NH, a lot. (Concord, Henniker: transplants, unemployed, schools)

[WannaComeHome]

Like Lisa wrote (beat me to it!) I love that NH maintains local control: each town sets its own rules and regs, and the majority of the taxes stays in the town. that makes it so much easier to accept when you pay your tax bill!

I love that even I93 can be beautiful (ok, maybe not so much around Nashua - but it doesn't take long. How many interstate highways can say that?!)

I love that when I go to a store or restaurant, I can understand the employees!! And they're nice.


(btw: Thank you, CaseyB!! )

[lisa g]

Yes, Wanna, local control does make our tax bill easier to swallow. We pay our much higher property tax bill with an eased conscience knowing it is enhancing our town and our kids education specifically. Once they are out of school (assuming they stay in public) we will likely move to a town w/lower taxes. Freedom of choice - that all towns are not the same but can suit people at varying stages of life - is a convenient option which allows for ease of management for the adaptable.

[BF66389]

I like how some towns reduce taxes on older folks so that they can stay in their homes...
(kind of an addition to what Wanna/Lisa said)

[MtDreamer]

BF66389 What towns reduce the property taxes for senior citizens?? I have not been able to find anywhere in NH that reduces taxes for people over 65 unless you make something like less then $9000 a year and who makes that little that can afford to even own a home??

[WannaComeHome]

I believe Hollis has a tax break. It may also involve an income level, but I'm pretty sure it's not that low.

[BF66389]

Originally Posted by MtDreamer

BF66389 What towns reduce the property taxes for senior citizens?? I have not been able to find anywhere in NH that reduces taxes for people over 65 unless you make something like less then $9000 a year and who makes that little that can afford to even own a home??

33k single/44k married in Hollis with total "other" assets less than 110k (not including residence, etc).

Reduction in assessed value is:
144k for 65-74
172.5k for 75-79
201.5k for 80+

In short- its there so that as older folks see their savings dwindle or expenses start to climb; taxes don't drive them out of their homes.

There is also a $500 tax credit if your a veteran and some other deductions for disabilities, renewable power systems, etc...

[MtDreamer]

Thanks for the information. Does anyone know of anyplace further north then Hollis that gives a break on taxes once someone reaches 65? I'm not there yet but it may be helpful in the future.

[buck naked]

several towns in the lakes region give tax breaks OR DEFERMENTS to the elderly - meaning that even though the tax bill is lowered, it's only temporary and must be paid if the home is sold

[buck naked]

Originally Posted by MtDreamer

BF66389 What towns reduce the property taxes for senior citizens?? I have not been able to find anywhere in NH that reduces taxes for people over 65 unless you make something like less then $9000 a year and who makes that little that can afford to even own a home??

In 2006, the median income limit for an elderly property tax exemption was $20,000 for a single homeowner and $28,000 for a married couple, which represents incomes that are just above 200% of the federal poverty level.

[buck naked]

In Hanover, a single person must have a net income of not more that $32,000. or, if married, a combined net income of not more than $45,000 and must have been a resident of NH for a minimum of 5 years.

Net assets not in excess of $75,000. excluding the value of the person's residence.

http://www.hanovernh.org/stories/storyReader$152