Property Taxes

[Shakir Leatherbury]

I was doing some research on a few multi-family homes, and there was something I came across but I'm not too sure if I understand it fully.  When looking at the description of the house it stated the property taxes amount, along with the year.  Eg: Property taxes year: 2015.

What does that mean exactly?? The property taxes do not need to be paid in 2016? I thought they were due annually?

[Kyle J.]

It's probably just telling you how much the property taxes were for that year.  Property taxes can, and often do, change from year to year.