I Bought a House in Islip. Do I Automatically Keep the Previous Owner's STAR Benefit?
The seller tells you they receive STAR, but does the previous homeowner's STAR benefit simply become yours? That is not something a buyer should assume.
Existing STAR Recipients and New Applicants Are Different
The Town of Islip explains that existing Basic and Enhanced STAR exemption recipients can keep their exemption while they continue to own their current home and remain eligible. New applicants are generally handled through the New York State STAR credit system.
STAR Only Applies to School Taxes
STAR is a school property tax relief program. It does not apply to every component of the property-tax bill.
Conclusion
Do not treat the seller's current tax bill as a permanent price tag. Understand your own eligibility after closing.
AIDOTAX helps New York homeowners understand assessments and exemptions.