March 28, 2017 | Bob Myers
On March 7, 2017 the Montgomery County Council passed a bill which will provide a tax credit for people who are over 65 years of age and who either:

Have owned and lived in the dwelling for at least 40 consecutive years or are retired from one of the United States’ Armed Forces (Military Retiree).

This bill will provide a 20% credit, on County property taxes only, the credit is granted for 5 consecutive years and is not available after that 5 year period.

Eligible residents will receive a 20% credit for the property tax imposed on their homes, granted annually, for up to five years. To qualify for the credit, the maximum assessed value of the home is $650,000 for those who have lived in their homes for 40 years, and $500,000 for veterans. Specific requirements apply.

For 2017 taxes only, applications will be accepted until September 1, 2017. If you wish to receive a credit for your 2017 taxes, you must apply by September 1, 2017.  

Click here for more information on this bill and click here for a link to the application.

My team and I are real estate experts in Montgomery County and the surrounding Metro area. When buying or selling a home, please consider us your resource for all things real estate. If you need referrals for obtaining a home loan or are refinancing, want a recommendation on a home warranty, need a service or just have a home related question, please give me a call at 301-910-9910 or email me at


You message has been sent!

Send us a Message

You agree to receive automated promotional messages from The Myers Team regarding real estate information and education.Click here for terms and privacy policy. Message frequency varies. To opt out of receiving messages from me, text STOP to cancel. Reply HELP for help. Message and data rates may apply.