Finance
The New York STAR (School Tax Relief) program provides a property tax exemption primarily for:
ACommercial property owners
BOwner-occupied primary residences✓ Correct
CRental property investors
DNew construction only
Explanation
STAR (School Tax Relief) is a New York State program that reduces the school portion of property taxes for owner-occupied primary residences. Enhanced STAR provides additional relief for senior homeowners meeting income requirements.
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