Open Modal
On Air Now
Up Next

Senior Citizen Real Estate Tax Deferral Program

OTTAWA – Senior citizens  of LaSalle County with household incomes under $55,000 are encouraged to take advantage of the “Senior Citizen Real Estate Tax Deferral Program”. The program is a state sponsored tax relief program that allows qualified senior citizens to elect to defer all of the property taxes on their personal residence to %80 equity. To qualify you must be 65 years of age by June 1st, own and live in the property for at least three years, and have no unpaid property taxes and special assessments on the property. The maximum deferral is limited to $5,000 each year. Filing deadline is March 1st.

Recommended Posts

Loading...