Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
April 17, 2014

Rep. Calvert Taking Homestead Deduction for D.C. House

                                             Rep. Calvert Taking Homestead Deduction for D.C. House

Rep. Kenneth Calvert (R-CA) has been listed in the D.C. property records as purchasing a Capitol Hill row house for $625,000 during February. The proposed 2014 taxable assessment is $454,676 (up from $413,342 in 2013). The assessment is after any tax assessment credit and after a $67,500 Homestead Credit. The tax records indicate it is “currently receiving the Homestead Deduction.” The Homestead Deduction is meant for only those who live in a principal residence in the city.

Sen. Heidi Heitkamp (D-ND) has purchased a $818,750 house on Capitol Hill during February. The house has a 2014 proposed tax assessment of $915,060 (up from $800,000 in 2013).

To search detailed money-in-politics databases, visit Political MoneyLine.

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