What's Hot: Amazon Abandons Plans For HQ2 in New York | Long-Term Mortgage Rates Fall to Lowest Level in a Year
7,500 DC Residents Pre-Paid $50 Million in Property Taxes for 2018
There was a frantic push at the end of 2017 by some DC residents to pre-pay their property taxes for 2018, in light of the recently-passed tax bill. Now, we know just how many property owners did just that.
7,500 property owners in the city paid approximately $50 million in property taxes for 2018 before the end of last year, DC’s Chief Financial Officer reported Wednesday afternoon. In comparison, 13,000 property owners in Fairfax County pre-paid approximately $93 million in taxes. In Montgomery County, property owners lined up for upwards of 45 minutes at the end of the year to pre-pay taxes.
story continues below
loading...story continues above
The far-reaching tax bill that passed in December caps the state and local taxes that individuals can deduct on their federal returns at $10,000. On December 28, DC’s CFO sent out guidance as to how DC residents could pre-pay taxes and it appears that many took advantage.
See other articles related to: dc property taxes
This article originally published at https://dc.urbanturf.com/articles/blog/7500_residents_a_look_at_how_many_dc_residents_pre-paid_property/13409
Most Popular... This Week • Last 30 Days • Ever

While the development pipeline is slowing considerably in some neighborhoods, there r... read »

In addition to a potential water-transit pilot program, Woodbridge could be getting a... read »

A new Zillow analysis asserts that Carver Langston's homes are the most popular in th... read »

The DC metro area has the tenth-highest share of married couples with roommates natio... read »

The online behemoth announced its change of plans following mounting political pressu... read »
- From Whole Foods to Town: The 1,440 Units Slated for Shaw and U Street
- What Wharf? A 1,000-Unit Mixed-Use "Waterfront" Community Planned for Woodbridge
- Is This The DC Neighborhood That Homebuyers Love the Most?
- Married Couples in the DC Area Are Taking on Roommates
- Amazon Abandons Plans For HQ2 in New York
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Northern Virginia
Profiles of 14 neighborhoods across Northern Virginia
Ballston
Looking to Give People A Reason to Stay Past 6pm
|
Clarendon
Happily Straddling the Line Between City and Suburb
|
Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
|
Crystal City
Turning Lemons into Lemonade
|
Lyon Village
Developing An Air of Exclusivity?
|
Rosslyn
Hitting Its Growth Spurt
|
Shirlington
An Urban Village Hitting Its Stride
|
Del Ray
Virginia’s Small Town Near the Big City
|
Eisenhower Avenue
The Vibrancy Might Take a Few Years
|
Huntington
The Quiet Neighborhood By the Beltway
|
Old Town
Mayberry By The Potomac
|
Parkfairfax
132 Commerical-Free Acres
|
Downtown Falls Church
Staying the Same in the Midst of Change
|
Tysons Corner
Radical Change Could Be On The Way
|
Maryland
Profiles of 14 neighborhoods in suburban Maryland
Annapolis
Small-Town Living in the State Capital
|
Bethesda
Bedroom Community Gets Buzzing Cache
|
Cabin John
In With The New While Maintaining the Old
|
Chevy Chase
Affluence, Green Lawns and Pricey Homes
|
Downtown Silver Spring
Experiencing a Resurgence After a Bumpy History
|
Potomac
A Suburb on Steroids
|
Rockville Town Square
Despite the Dynamism, Still Somewhat Generic
|
Takoma Park
More Than a Little Bit Quirky
|
Wheaton
A Foodie Magnet on the Verge of Change
|
Capitol Heights
Kudzu, Front Porches and Crime
|
Hyattsville
Glass Half Full or Half Empty?
|
Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
|
National Harbor
A Development Rises Next to the Potomac
|
Riverdale Park
A Town Looking For Its Identity
|
Northwest DC
30+ neighborhood profiles for the city's biggest quadrant
16th Street Heights
DC's Sleeper Neighborhood
|
Bloomingdale
Where (Almost) Everyone Knows Your Name
|
AU Park
One of DC’s Last Frontiers Before the Suburbs
|
Brightwood
DC’s Northern Neighborhood on the Cusp
|
Burleith
DC’s 535 House Neighborhood
|
Cathedral Heights
Do You Know Where That Is?
|
Chevy Chase DC
Not to Be Confused With the Other Chevy Chase
|
Cleveland Park
Coming Back After A Rough Year
|
Columbia Heights
DC’s Most Diverse Neighborhood, But For How Long?
|
Crestwood
An Island of Serenity East of the Park
|
Dupont Circle
The Best of DC (For a Price)
|
Foggy Bottom & West End
Where the Institutional Meets the International
|
Forest Hills
Ambassadors and Adventurous Architecture
|
Foxhall Village
350 Homes Just West of Georgetown
|
Friendship Heights
A Shopping Mecca With a Few Places to Live
|
Georgetown
History, Hoyas and H&M
|
Glover Park
One of DC’s Preppier and More Family-Friendly Neighborhoods
|
Kalorama
A Posh View From Embassy Row
|
LeDroit Park
A Quiet Enclave in the Middle of the City
|
Logan Circle
Trendy Now, But Not By Accident
|
Mount Pleasant
Sought-After Homes Surround Main Street in Transition
|
Mount Vernon Triangle
From Seedy to Sought-After
|
Palisades
The Long, Skinny Neighborhood at the City’s Northwest Edge
|
Park View
It’s Not Petworth
|
Penn Quarter/Chinatown
DC’s Go-Go-Go Neighborhood
|
Petworth
Getting a Vibrancy of Its Own
|
Shaw
The Duke’s Former Stomping Ground
|
Shepherd Park
DC’s Garden of Diversity
|
Spring Valley
A Suburb With a DC Zip Code
|
Takoma
Not To Be Confused With Takoma Park
|
Tenleytown
Not Quite Like Its Neighbors
|
U Street Corridor
The Difference a Decade Makes
|
Woodley Park
Deceptively Residential
|
Adams Morgan
No Longer DC’s Hippest Neighborhood, But Still Loved by Residents
|
Southwest DC
The little quadrant that could
Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come
|
Northeast DC
Profiles of 10 neighborhoods in NE
Brookland
New Development Could Shake Up Pastoral Peace
|
Deanwood
A Little Bit of Country Just Inside the District’s Borders
|
Eckington
Not to Be Confused With Bloomingdale
|
Fort Totten
Five Years Could Make a Big Difference
|
H Street
A Place To Party, and To Settle Down
|
Langdon
The Northeast Neighborhood That Few Know About
|
Michigan Park
A Newsletter-On-Your-Doorstep Community
|
NoMa
Evolving from a Brand to a Neighborhood
|
Rosedale
Ripe for Investment Right About Now
|
Trinidad
The Difference 5 Years Makes
|
Woodridge
Big Houses, A Dusty Commercial Strip and Potential
|
Southeast DC
6 neighborhoods from Capitol Hill to East of the River
Capitol Riverfront
Still Growing
|
Hill East
Capitol Hill’s Lesser Known Neighbor
|
Congress Heights
Gradually Rising
|
Hillcrest
Notable for Its Neighborliness
|
Historic Anacostia
Future Promise Breeds Cautious Optimism
|
Eastern Market
A More European Way of Living
|
Off the Beaten Turf
Overlooked parks, shops, cafes, and miscellany throughout DC
Unique Spaces
Awesome and unusual real estate from across the DC Metro