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North Las Vegas Nevada Form 8853: What You Should Know
Providing an exemption for qualified rental income within the Downtown Project Area (DPA). Exempting qualified rental housing income and income of rental real estate business owners within the Downtown Project Area (DPA). The City's current property tax exemption allows up to 25% of the value of your residential, commercial, or hotel property to be exempt at the property tax level. Your local property assessment officer, however, may not consider many of the residential or commercial properties within the Downtown Project Area to be residential or commercial, so it is suggested that you also contact the City's Business Improvement District to find out if they offer exemption for rental income. For additional tax-related information concerning the Downtown Project Area and the Downtown Parking Structure, please call 215.983.2778. Contact your local property assessment corporation or the City's Business Improvement District to determine whether exemption offers apply for residential properties in Downtown Las Vegas. For additional tax-related information concerning the Downtown Project Area and the Downtown Parking Structure, please call 215.983.2778. For other property tax-related information, please contact the City of Las Vegas.
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