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Updated over 9 years ago on . Most recent reply

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278
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M Marie M.
  • Rental Property Investor
  • Washington, DC
155
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278
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Is it possible to get taxes down?

M Marie M.
  • Rental Property Investor
  • Washington, DC
Posted

I live in a city (DC) but I never knew how good I had it until I started looking at Baltimore property taxes. Holy Mole over 2%, whereas in DC it's .8something %. And the assessed value usually is some price that reflects another time (maybe another neighborhood). I have seen some advertisements regarding going through the process to lower the assessment but wonders if anyone has tried it.

Most Popular Reply

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Ned Carey
  • Investor
  • Baltimore, MD
12,725
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16,434
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Yes, lots of landlords regularly appeal their taxes. Go to SDAT to see the process. There are services that will do it for you.  Generally they take about 50% of the first year savings. I get the impression while you can get the assessment lowered it generally will not be as low as the true value. 

I think this is deserving of class action suit as the assessments are so far off in Baltimore city that it is criminal.

  • Ned Carey
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