tag:blogger.com,1999:blog-6318055043707993918.post8554533990927249543..comments2024-02-20T02:12:18.090-05:00Comments on THE WANDERING TAX PRO: THE NEW JERSEY PROPERTY TAX RELIEF PROGRAMS – PART IRobert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6318055043707993918.post-29049981890961678012011-09-28T15:59:45.773-04:002011-09-28T15:59:45.773-04:00How can a senior making 100k plus be entitled to t...How can a senior making 100k plus be entitled to this while an entire household for those under under age 65 who typically have dependents need to make 75k or less to qualify. Its a piece of unfair legislative garbage. Get rid of it altogether or reduce the income cap on Seniors to under 100kAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6318055043707993918.post-10319297692986147132011-02-26T08:06:11.567-05:002011-02-26T08:06:11.567-05:00That is dandy that our homestead rebate check will...That is dandy that our homestead rebate check will be posted as a credit to our tax bill. But how will we realize the money? My mortgage company pays my taxes. So my township will send the mortgage company a new bill with a lower tax amount? Though the mortgage should be lowered slightly because of the lowered tax amount, I will still have to pay the same mortgage bill with the excess money going into my escrow account? Eventually when my mortgage company recalculates my escrow balance which will probablly be in November or December, I may or may not realize the actual homestead rebate depending on whether or not my taxes increase the following year, causing a greater need for the money to remain in the escrow account?Anonymousnoreply@blogger.com