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Updated about 16 years ago on . Most recent reply

User Stats

20
Posts
7
Votes
Adair Smith
  • Real Estate Investor
  • Jacksonville, FL
7
Votes |
20
Posts

Just got all my RE tax bills

Adair Smith
  • Real Estate Investor
  • Jacksonville, FL
Posted

and they are sticking it to me this year. According to them, one of my properties increased over 25% in value...I'm fighting this but good grief...I've only owned it for 5 years!!! FL property taxes stink....but then again I don't have state income tax. I guess it is a trade off.

How are the RE taxes in your area???

Most Popular Reply

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5,700
Posts
3,498
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,498
Votes |
5,700
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Replied

I protested most of my tax bills here in Texas. I actually got one reduced from assessed value of $124K to 100K. nevertheless, when you have over 40 properties to pay taxes on, it is a pain. I'll still take this area over any others(except MS to avoid paying any income tax) due to low median price rent and relatively high rents. I continue to buy and build here in TX.

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