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Updated about 3 years ago,
How to lower your taxes on a apartment building.
I have been looking for an apartment deal going on 7 months. This is my first commercial deal and have been looking for 6-20 units that fit my other criteria's. I have looked at a lot of properties. I find that most of the deals go from looking like good deals to bad deals, when the taxes go up because of the new recordable purchase price. I know that I have to wait until January to file with the Board of Revision. My questions are: What is the best way to go about a tax reduction? How often do they lower the taxes? Is this something that happens often? I hear that this is possible but may have come from unreliable source. Thank you