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1. mtrevenue.gov › taxes › property-tax-rebate-houseCounty Property Tax Lookup - Montana Department of Revenue

   mtrevenue.gov › taxes › property-tax-rebate-house

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   If your county isn’t listed with an online lookup link, you can still get in touch for your property tax details. Just use the provided phone number and address to contact your county’s tax office directly. County. Phone. Address. Anaconda-Deer Lodge. 406-563-4051. A-DLC Courthouse, Second Floor. 800 Main Street.

2. mtrevenue.gov › propertyProperty - Montana Department of Revenue

   mtrevenue.gov › property

   2024 Certified Property Taxable Values. The department’s property assessment field offices are responsible for providing the total taxable value of property to each taxing jurisdiction by the first Monday in August. The property values included in the certification process include mobile homes, personal property and business equipment, real ...

3. bozemanrealestate.group › blog › understandingUnderstanding Montana Property Taxes - Bozeman Real Estate Group

   bozemanrealestate.group › blog › understanding

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   Jul 21, 2023 · They look at what similar properties have currently sold for to calculate the current market value. 2) The Montana Legislature assigns a tax rate to each class of property and multiplies that rate by the property's market value, which gives you the taxable value. Since 2018 the tax rate for residential has been 1.35% and for commercial is 1.89%.

4. listwithclever.com › real-estate-blog › the-ultimateThe Ultimate Guide to Montana Real Estate Taxes

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   • Property Taxes in Montana
   • Transfer Taxes in Montana
   • Capital Gains Tax in Montana
   • Methodology

   The average effective property tax rate in Montana is 0.83%, but this can vary quite a bit depending on which county the home is in.

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   Transfer tax is a blanket term used to describe fees charged by the state or local municipality when transferring property from one entity to another. If you're selling a home in Montana, here's some good news: the state has no transfer taxes. »MORE:Learn more about transfer taxes in Montana

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   Capital gains are profits made from selling an asset. If you sell your property at a gain, you may owe taxes on the profits to the IRS and the state. Fortunately, there are ways to avoid paying taxes on your home sale profits.

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   The Clever team of researchers gathered data for property taxes, transfer taxes, and capital gains rules using publicly available information from government websites. Additionally, we utilized the following data: 1. Home values, list prices, and sale prices: Based onZillowdata as of July 2024. 2. Transfer taxes and mortgage taxes: Based on public ...

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5. mtrevenue.gov › about › property-assessmentProperty Assessment Division - Montana Department of Revenue

   mtrevenue.gov › about › property-assessment

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   The Property Assessment Division (PAD) administers Montana’s property tax laws, including the valuation of all taxable property for property tax purposes. We ensure property classes for agricultural land, residential and commercial property, forest land, and business equipment are valued uniformly and equally within the state.

6. svc.mt.gov › dor › propertyProperty Record Card | Property Assessment Division - Montana

   svc.mt.gov › dor › property

   Property Record Card. To access your property information, enter a property number, assessment code, name, or address in the search box above. We couldn't find " ". When searching for an address try entering just the street name while choosing a specific county from the Counties drop-down. Choosing a specific search field from the Fields drop ...

7. People also ask

   How do I calculate property tax in Montana?

   • To calculate your Montana property tax, multiply the assessed value of your property by the current property tax rate. For example, if you own a property with an assessed value of $250,000 and the current property tax rate is 0.85%, your taxable value would be $2,125 ($250,000 * 0.0085).

   The Ultimate Guide to Montana Real Estate Taxes

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   Will a new Montana property tax bill comply with Montana law?

   • On November 22, 2023, the Montana Supreme Court ruled that all county governments must collect the 95-mill state school equalization levy for Tax Year 2023 property tax collections, rather than the 77.9 mils previously billed by 49 of the state's 56 counties. Your county may be sending you a revised property tax bill that complies with Montana law.

   Property - Montana Department of Revenue

   mtrevenue.gov/property/

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   Do you have to pay taxes on home selling in Montana?

   • When selling a home in Montana, you must file a Montana tax return to report your taxable gain. Your state taxes will depend on the applicable income-based tax bracket, with rates ranging between 1% to 6.9%. You must report your homeselling profits on your federal tax returns, but you may not have to pay taxes on your earnings at the state level.

   The Ultimate Guide to Montana Real Estate Taxes

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   What tax credits are available for Montana home buyers?

   • Montana home buyers can take advantage of the following tax credits to lower their homeownership costs. Mortgage Interest Deduction: Believe it or not, you may get something out of making your mortgage payments. Montana allows you to deduct your interest amount and points you paid on your home loan.

   The Ultimate Guide to Montana Real Estate Taxes

   listwithclever.com/real-estate-blog/the-ultimate-guide-to-montana-real-estate-taxes/

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   What is the property assessment ratio in Montana?

   • In Montana, the property assessment ratio is 100% of the property value. This ratio is the percentage determined by the county appraisal and the home market value. However, keep in mind that the assessed market value is usually less than your home market value for resale. Property assessment practices may vary on a county basis.

   The Ultimate Guide to Montana Real Estate Taxes

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   Are home sales tax deductible in Montana?

   • In Montana, real estate taxes are deductible from your returns. You must report the same amount from your federal return. As a Montana homeseller, you might only be worrying about the capital gains due on your homeselling profits. However, your income and interest are also tax-exempt.

   The Ultimate Guide to Montana Real Estate Taxes

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8. listwithclever.com › real-estate-blog › montana-realMontana Real Estate Transfer Taxes: In-Depth Guide 2024 Update

   listwithclever.com › real-estate-blog › montana-real

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   Mar 18, 2024 · Between inspections, legal fees, and other transaction costs, you could still pay 3% of the property value at closing. That $250,000 home could cost $7,500 in closing costs in most states. Because Montana doesn't put such a tax burden on buyers and sellers, closing costs are much closer to 1%. However, you'll still have to pay commission fees ...