Q&A

1. Which municipalities offer residential property tax exemption?  

According to the state government website, Below is a list of municipalities with the residential exemption  and the dollar impact of the exemption:

2. What is the heating cost by various technology?

The heating cost for each type varies year to year, but in general natural gas is the most cost efficient while electric baseboards are the least.  

Checkout this report from mass.gov

3. Which are the best school districts in Massachusetts?

Ranking varies year-to-year. The top 3 school districts are Weston, Hopkinton, and Wellesley according to Niche 2023 report

4.What are the tax benefits of owning a home?

Below are  tax deductible in current year unless noted otherwise

 
For residence: 


For investment:


This list is for reference only. Please consult  with  a tax professional