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King Washington Form 1120-W: What You Should Know

This large, contemporary home is fully finished and ready to rent. This home is an ideal home for 1-4 people who require the flexibility of a two bedroom dwelling location. This home is large enough for a full time, one additional, or guest. It has ample closet space, dining table, kitchen table, and living room furniture. There are two large bedrooms with a full bath each. There is an open concept family room with a sitting area, a cozy den, and an area for entertaining. The home is equipped with the following features: Gas range • Gas oven • Washer • Dryer • Garbage disposal • Air conditioning • Security System • Water meter • Fire alarm • Gas connection • Sauna The property is located on an adequate lot with no obstructions and is accessible by both off-street driving and private driveway. There is a water leak at your front door that has been repaired. The water is currently turned off. Home Price: 937,000 Owner Occupation Tax (NOT): 0.04 Award Amount: 31,000 (Estimated Tax Payment) Home Value: 814,500 Amounts to Pay Estimated Tax: 937,000 Total Amount due: 25,944 (Total Amount to Pay) For more information, call our office at or email us at infohomeownerservices.com To download a blank form please CLICK HERE In accordance with the Oklahoma Tax Relief and Simplification Act of 1993, a 5,000 interest free loan is available to qualified Oklahoman's. The interest free loan is granted on a first payment loan for non-receipt of qualified property. Applicants must be an Oklahoma resident with a minimum adjusted gross income of 40,000  and must not be on Medicaid, or be on other federal assistance. Applicants must own or lease a non-receiptable qualified property.  Answers to frequently asked questions:  1) Is this for new homeowners? Yes. 2) Do I get a refund every year? Now in most states (see below). 3) Is this an interest free loan? No. I believe that an interest free loan is a one-year loan and repayment period is 15 years from first payment. 4) Could I borrow 20,000 on a one-year loan and then not pay anything for 15 years? No.

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