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Updated over 5 years ago on .
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How are property tax reductions calculated?
Hi,
I am working my numbers to determine the ROI of some properties (SFH) that I've shortlisted to buy and hold for rental income. I checked the property taxes on the County Auditor website, and noted that there were "Reductions" for all properties of varying values. I have attached a picture. Can anyone explain to me how these property tax reductions are calculated? Thank you!
Regards,
Tracy
