New to BP - Question on Cashout Refi & Property Taxes

[Andrew Gately]

I have recently joined the BP community and have really enjoyed all of the resources in this community. One of the strategies I am interested in is the BRRRR. I am still pretty new to this, so please let me know if I am not correctly understanding this process. One question I have is the effect of the cash out refi on property taxes. After rehabbing a property, the goal is to get a high appraisal so that you are able to pull out your cash for the next project, typically 75 -80 LTV.

By getting a higher appraisal, will that increase property taxes on the first property? Should this potential increase in property tax be taken into account when running the numbers on a deal?

Thank you for the help this community has already provided, and for any help on this question.

Andrew