Hillsboro, Oregon Notice of Tax-Deferred Properties is a significant document that provides crucial information regarding tax deferral programs available to property owners in Hillsboro, Oregon. This notice aims to educate property owners about tax deferral options and their eligibility criteria, helping them make informed decisions regarding their taxes. Here, we will discuss the various types of tax-deferred properties in Hillsboro, Oregon and explain their key features using relevant keywords. 1. Senior Citizen Tax Deferral Program: The senior citizen tax deferral program is designed exclusively for qualified residents aged 62 years or older. Through this program, eligible seniors can defer a portion or the entirety of their property taxes, helping alleviate financial burdens and maintain homeownership. 2. Disabled Citizen Tax Deferral Program: Hillsboro's disabled citizen tax deferral program is intended to assist individuals with disabilities in managing their property taxes. Eligible residents with qualifying disabilities can defer their property taxes or a portion thereof, ensuring that they can afford to continue living independently. 3. Veteran's Tax Deferral Program: The veteran's tax deferral program is dedicated to supporting military veterans who own property in Hillsboro. This program allows eligible veterans to temporarily delay their property tax payments, offering financial relief and recognition for their service to the country. 4. Surviving Spouse or Registered Domestic Partner Tax Deferral Program: This tax deferral program is available for surviving spouses or registered domestic partners of deceased property owners. It enables eligible individuals to postpone their property tax payments, granting them the necessary time to adjust their financial situation following the loss of their loved one. 5. Oregon Medical Expense Deduction: In addition to the above tax deferral programs, Hillsboro, Oregon also offers an Oregon Medical Expense Deduction that allows eligible residents to deduct certain medical expenses from their property taxes, reducing their overall tax liability. It is essential for property owners in Hillsboro, Oregon to carefully review the Hillsboro Oregon Notice of Tax-Deferred Properties to gain a comprehensive understanding of these programs. By leveraging these tax deferral opportunities, residents can actively manage their finances, retain their property, and ensure a better quality of life for themselves and their families.