Tax Abatement

Tax Abatement

The Nevada State Legislature has passed a law to provide property tax relief to all citizens.  NRS 361.4723 provides a partial abatement of taxes by applying a 3% cap on the tax bill of the owner's primary residence (single-family house, townhouse, condominium or manufactured home).  Only one property may be selected in the State of Nevada as a primary residence.  Some rental dwellings that meet the low-income rent limits may also qualify for a 3% cap on the tax bill.

A cap of up to 8% on the tax bill will be applied to residences that are not owner occupied.  The up to 8% cap would also apply to land, commercial buildings, business personal property, aircraft, etc.  New construction or property that has a change of use (zoning change or manufactured home conversion) will not qualify for any cap for this fiscal year but will receive the 3% or up to an 8% cap starting the following fiscal year.

**Our Office mails postcards to homeowners, newly constructed homes, and parcels that have had other changes that may qualify for a 3% cap on their tax bill. 

Rental Affidavit letters will be sent to all owners of residential rental dwellings (duplex, triplex, fourplex and apartments) in April or May of each year.  This rental affidavit letter will delineate the eligible rental rates to qualify for the 3% cap on the tax bill.  If the owner charges an eligible rent amount on all units, they would indicate that rent amount on the affidavit and sign and return it to our Office.

HUD Maximum Market Rents in Clark County for the 2024/2025 tax year are listed here (Maximum rent allowed for each type of unit according to the number of bedrooms):

How does my refinance, trust, or change of ownership affect my Owner Occupied Tax Abatement?

Any ownership document recorded will remove your Owner Occupied 3% abatement.  If the document number on the Assessor's records is updated you will need to complete a new postcard to retain the 3% abatement for the next year.

If your refinance does not include an ownership document, your tax abatement will not be impacted.  The Assessor's Office mails new postcards after July 1 to properties that have had a change in the document number or ownership during that fiscal year.

If you receive this postcard, please sign it and return it to the Assessor's Office as soon as possible to retain the 3% tax cap.

Please contact the Office at (702) 455-3882 if you have any questions.

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