Hey all - I have a property in Washington DC where the 2023 assessed taxable value is ~$50k from the 2022 value. My questions to the group are:

1. Has anyone experienced such a rapid increase so quickly? How have you dealt with it?

2. Has anyone had success with a property tax appeal? What does the process look like or what other strategies are there to reduce property taxes paid to the city?

I'm new to the process in D.C. so any insight would be appreciated. Thanks for the help!