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Congressman Listed With Homestead Deduction in D.C.

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A U.S. Congressman  from Missouri is listed as claiming a $70,200 Homestead Credit on his property assessment for a row house he purchased on Capitol Hill.  

Rep. Samuel B. Graves, Jr. , R-Mo., purchased what the D.C. Office of Tax and Revenue labels a single-family residential row house on Capitol Hill in September 2013. The sale price was listed as $925,000.  The total value of the property for tax year 2015 is shown as $831,570. The taxable assessment, taking into account the D.C. Homestead credit, is shown as $724,504 for tax year 2015.