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Unit Title: Lets Reduce, Reuse and Recycle! Date Developed/Last Revised: 6.12.13 Unit Author(s): E. Kana, H. Espinoza, E. Km Adapted from: L. Akita, K. Tabata, J. Tojo, N. Beer man Grade Level: 2
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What is unit title lets reduce?
Unit title lets reduce is a tax credit that allows owners of residential rental property to reduce their property tax bill by a certain percentage.
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Owners of residential rental property are required to file unit title lets reduce if they wish to take advantage of the tax credit.
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Owners must report the address of the rental property, the total number of units, and the total amount of rent collected during the tax year.
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