November 26, 2013

How much STAR money are you leaving on the Table?

As the deadline to re-apply for the NYSTAR program is getting closer, I have been reminding everyone that I come into contact with not to forget.  I'm finding that some have "Never" applied....

This is what you are leaving on the table by not applying ....  Whether you own a single family home, condominium or co-op - if it is your primary residence and your income is less than $500,000 you are qualified.

MunicipalityEnhanced ExemptionBasic ExemptionDate Certified
City of Mt Vernon$6,730$3,19010/29/2012
City of New Rochelle$5,930$2,8104/9/2013
City of Peekskill$7,560$3,58010/29/2012
City of Rye$4,450$2,11010/29/2012
City of White Plains$7,520$3,57011/16/2012
City of Yonkers$4,370$2,07011/20/2012
Town of Bedford$20,190$9,57010/29/2012
Town of Cortlandt$3,800$1,80010/29/2012
Town of Eastchester$3,010$1,43010/29/2012
Village of Bronxville$203,310$96,35012/10/2012
Town of Greenburgh$6,930$3,29010/29/2012
Town of Harrison$3,720$1,76010/29/2012
Town of Lewisboro$20,640$9,78010/29/2012
Town of Mamaroneck$3,740$1,77010/29/2012
Town of Mount Pleasant$3,110$1,47010/29/2012
Town of New Castle$40,760$19,32010/29/2012
Town of North Castle$4,680$2,22010/29/2012
Town of North Salem$20,840$9,88010/29/2012
Town of Ossining$11,890$5,64010/29/2012
Town of Pelham$203,310$96,35010/29/2012
Town of Pound Ridge$34,260$16,24010/29/2012
Town of Rye$203,310$96,35010/29/2012
Town of Scarsdale$3,800$1,80010/29/2012
Town of Somers$25,760$12,21010/29/2012
Town of Yorktown$5,270$2,50010/29/2012
Town of Mount Kisco$38,730$18,36010/29/2012

I want to make sure that my readers and their friends and family are aware of the money they are losing by not applying for this rebate.  Following is a link to apply http://www.tax.ny.gov/pit/property/star/apply.htm

Written By: Akim R. Smyer, Real Estate Associate Broker - Coldwell Banker Residential Brokerage