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Updated almost 6 years ago,

User Stats

60
Posts
19
Votes
Russell Pitts
  • Rental Property Investor
  • Kirkland, WA
19
Votes |
60
Posts

"Homeowner Exemption" for property taxes

Russell Pitts
  • Rental Property Investor
  • Kirkland, WA
Posted

Hi, I am in my due diligence phase of a turnkey property in Hazel Crest, IL.  The property currently has a "Homeowner Exemption" which appears to be some property tax discount for those that make the place their primary residence.  Taxes seem to be $243/month, but I'm assuming that once I buy it as an investor (it won't be my primary residence) that taxes will go up?

Anyone have any clarity on the subject?

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