Six Steps for Successfully Protesting Your Property Value

1. You catch way more bees with honey than vinegar. Let’s face it. ...
2. Stick to the facts. Don’t waste your time talking about how much your value has gone up over the last five years (or however long).
3. Don’t wait until the last minute. ...
4. Make the most of your hearing with the review board. ...
5. Craft a convincing argument. ...
6. Stick to your guns. ...

• you have one home and you’ve lived in it as your main home for all the time you’ve owned it
• you have not let part of it out - this does not include having a lodger
• you have not used a part of your home exclusively for business purposes (using a room as a temporary or occasional office does not count as exclusive business use)

More items...

There are a few other exceptions where capital gains may be taxed at rates greater than 20%:

• The taxable part of a gain from selling section 1202 qualified small business stock is taxed at a maximum 28% rate.
• Net capital gains from selling collectibles (such as coins or art) are taxed at a maximum 28% rate.
• The portion of any unrecaptured section 1250 gain from selling section 1250 real property is taxed at a maximum 25% rate.