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Updated about 3 years ago,

User Stats

12
Posts
1
Votes
Tim Clarke
  • Medina, OH
1
Votes |
12
Posts

How to lower your taxes on a apartment building.

Tim Clarke
  • Medina, OH
Posted

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

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