Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply presented by

User Stats

5
Posts
0
Votes
Brandon Koser
  • Indianapolis, IN
0
Votes |
5
Posts

Indianapolis Veteran Tax Question

Brandon Koser
  • Indianapolis, IN
Posted

Sorry for the multitude of questions. Trying to understand Marion tax code as I just realized there MAY be a tax exemption available. 

Does an investor who is a veteran at 80% disability get any property tax deduction and if so how much? 

Does it require it to be a primary residence or can rental properties qualify? 

Is there a limit on the number of properties? 

If a property is placed into an LLC-S that is owned by the veteran does that still qualify for an exemption?

I doubt it, but could an exemption be applied retroactively? (One property was primary residence for a few years, so there's that too)

Thanks all

Most Popular Reply

User Stats

4,856
Posts
3,024
Votes
Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
3,024
Votes |
4,856
Posts
Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
Replied

@Brandon Koser Marion County has a tiered tax structure. It is 2% of assessed value for investment properties. They do have a homestead exemption but that is just for owner occupied. 

  • Mike D'Arrigo
  • Loading replies...