February 2019

The Mills Act is a federally run program that offers huge discounts on property taxes for those who own historic homes.  We have received several inquiries from clients who are looking for a home that is covered by the Mills Act in the city of Carlsbad.  When looking on the Internet for properties you will often find two designations when it comes to the Mills Act.  The first are properties that are "eligible" for the Mills Act but have not gone through the application process.  Some clients don't want these kind of properties since the application process can take up to 9 months and there is no guarantee the property will be accepted.  The second set of advertised properties are those that already have the Mills Act designation.  This is a huge selling