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Updated about 5 years ago on . Most recent reply

User Stats

66
Posts
40
Votes
Trace P.
  • Investor
  • OH
40
Votes |
66
Posts

How are property tax reductions calculated?

Trace P.
  • Investor
  • OH
Posted

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 

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