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Updated over 9 years ago on . Most recent reply
Property Tax and Sale
Hi everyone!
I have a question about Property Taxes and the moment I purchase something.
I see for example a property selling for 200,000, but the Property Tax paid the previous years were done based on a Tax Assessment of 90,000
Let's say this was a nice deal and I buy it for 200,000. Will the new Property tax assessment change and now be based on a Tax assessment of 200,000?