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Updated 11 months ago,

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17,501
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
15,084
Votes |
17,501
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Just got my property tax bill - oh boy!!!

Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorPosted

Last year was the year of property insurance rates skyrocketing. How many of you have got your tax bill for this year?

If you have not received your current assessment it is most likely not going to be pleasant. Over the past few weeks we have started to receive new assessments on our properties. The reality is the assessments are correct, but when you do the math based on the tax rate (which in most locales has also gone up) our property taxes on our properties is up an average of over 10%…

I know some will say “fight the assessments” but honestly I think some of them may be low (and truth be told I would guess less than 5% if people contest assessments).

I am curious, have others started to receive their assessments - and were you in sticker shock?

  • Chris Seveney
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7e investments
5.0 stars
15 Reviews

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