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Updated over 1 year ago on . Most recent reply

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39
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9
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Rina Amir
  • Investor
  • Sunnyvale, CA
9
Votes |
39
Posts

Property tax increase is INSANE!!!!

Rina Amir
  • Investor
  • Sunnyvale, CA
Posted

Property tax increase is insane. I know you can do tax protest to adjust but it's not always successful. 

Some tax protest companies charge 40% of the saved amount, which is also a lot. 

What do people do? The past few years have been really rough and start to become barely break even. 

Most Popular Reply

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43,050
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63,555
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,555
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43,050
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
welcome to Texas..  I really think Texas makes a lot of sense for those that live there and can offset these sky high prop tax's with no income tax.. but to live in CA or OR with some of the highest state income taxs then invest in a state with some of highest prop taxs can lead to property that will need to be fed and watered every month.  So its an appreciation play not so much a cash flow play .. At least today where the value run ups have occured and the market is settling and in some areas values are retreating.
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JLH Capital Partners

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