General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
2019 Assessment Notification
Hello All,
I purchased my home in Henrietta, NY the first quarter of 2018. It was assessed at $119k but we bought it for $115k. I got a letter from the town yesterday stating that the new assessed value is now $130k.
Does this mean that my taxes will increase based on the new assessment?
What are the advantages and disadvantages of this new assessment?
Thank You