Tax Breaks for First-Time Buyers and Renovators in Ulster County
Upstater | March 27, 2012Lots of folks are attracted to home prices in Ulster County; it’s the taxes that gives them pause. So house shoppers will be happy to hear that the county will now offer a tax exemption for first-time buyers of new homes or those who are buying and renovating an older home, reports the Hudson Valley Insider. “The program offers a 50% exemption in year one and annually decreases to 10% in the fifth and final year,” the write. Only applies if the pad is your primary residence.
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