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  2. Analysis: Several Illinois cities near top for highest real ...

    www.aol.com/news/analysis-several-illinois...

    Peoria led the entire country with the highest effective property tax rate in 2023 at 2.6% of the median $168,900 home value, with a median tax bill of $4,455 a year. Rockford came in second at 2. ...

  3. Category:Taxation in Illinois - Wikipedia

    en.wikipedia.org/wiki/Category:Taxation_in_Illinois

    Illinois Sale of Tax Delinquent Property Amendment This page was last edited on 19 December 2020, at 09:56 (UTC). Text is available under the Creative ...

  4. Tax exemption - Wikipedia

    en.wikipedia.org/wiki/Tax_exemption

    Tax exemption generally refers to a statutory exception to a general rule rather than the mere absence of taxation in particular circumstances, otherwise known as an exclusion. Tax exemption also refers to removal from taxation of a particular item rather than a deduction. International duty free shopping may be termed "tax-free shopping". In ...

  5. Real estate transfer tax - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transfer_tax

    Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...

  6. What is a seller net sheet? - AOL

    www.aol.com/finance/seller-net-sheet-145940582.html

    A net sheet itemizes the costs associated with the sale of a home to estimate the amount the seller will earn, or “net,” from the sale. ... or real estate net sheet, is one of these documents ...

  7. Where’s My Refund? What Illinois Taxpayers Need To Know - AOL

    www.aol.com/finance/where-refund-illinois...

    If you're an Illinois resident or business owner, you have until April 18, 2023, to file your Illinois state income taxes. If you're expecting a refund this year, this quick guide explains how to...

  8. Illinois Department of Financial and Professional Regulation

    en.wikipedia.org/wiki/Illinois_Department_of...

    The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department [1] [2] that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses ...

  9. Homestead exemption - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption

    If a homestead exceeds the limits, creditors may still force the sale, but the homesteader may keep a certain amount of the proceeds of the sale. California provides a homestead exemption of between $300,000 and $600,000, no greater than the amount of the prior year countywide median sale price of a single-family home, both values adjusted ...