Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
August 3, 2015

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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