Ask Terry Questions Low Income Property Tax Freeze

Low Income Property Tax Freeze

By Terry Savage on May 26, 2026 | Wild Card

Is it possible to keep my Low Income Property Tax Freeze Status, despite inheriting a amount that puts me just above the limit?

Terry Says

An inheritance is not considered income, and should not impact your Property Tax Freeze. But any interest or gains you earn and take as income on this inheritance would be considered as income for the freeze.

money

ASK TERRY

a personal
finance question