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Archive Home > 2012 > February > 04 > Seniors are likely to get a tax break on reverse mortgages

Seniors are likely to get a tax break on reverse mortgages

By Lauren Dake / The Bulletin
February 4, 2012

SALEM — The state will likely pay property taxes for more than a thousand seniors who were surprised to find out they were on the hook for their taxes last fall.

Newly proposed legislation would help the 1,664 people with reverse mortgages who were part of the state’s Senior and Disabled....

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