Veterans: Be Sure to Claim Your Property Tax Exemptions
For many years, Jack Schaller of Chicago’s oldest continuously operating bar, paid zero property taxes in the face of ballooning increases – and this is completely legal and fair.
Why? Because he was a veteran and a senior and he took advantage of all exemptions available to him.
If you’re a veteran homeowner in Cook County and you’re not claiming any veteran-related exemptions, you are likely paying much more than your fair share. After all, you’ve served your country so you should at least claim the exemptions you deserve.
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Just in the past year, Rahm Emanuel has increased property taxes by an ulcer-inducing $838 million – and there are still massive budget deficits that need to be plugged sooner than later beyond these increases. What can you do for relief?
Are you still recovering from receiving the second installment of your Cook County property tax bill? If so, you’re not alone.
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