All Forum Posts by: Jordan Gerkin

Thank you guys for the responses! I really appreciate it! I am in the middle of talking with the assessment office looking into possibly appealing them. We’ll see what happens. 

Thanks again!

@Theresa Harris ahhh okay makes sense. I hope that would be the case here for me because that would be a big increase in my expenses. I have requested to start an appeal and get the paper work for that, so I’ll see what happens. They acted like my taxes would be doubling, but someone else that I have talked with said they were not able to tell them what there new tax amount was going to be. All they could see was the new assessment amount. 

@Account Closed I believe it was a reevaluation of the property value. From what I understand they have reevaluated the rental properties in the area. I just wasn’t expecting it to increase by 117% in one reassessment. 

@Chris McCormack okay yeah seems to make sense. I will be reaching out to them about a reassessment if I can make that work. Thanks! 

Hi Everyone, 

I’m sure there are others dealing with the same thing, at least in Illinois anyways, but is it normal for your property taxes to increase by more than double in one year?? I understand they will increase every so often, but I bought this property March of 2020 and now for 2023, my taxes are going to be more than double due to the area having a re assessment on rental properties. 

Any info would be greatly appreciated!

Thanks!

I have a tenant that gave me 4 days prior to completely moving out on a month to month lease. I informed them that there needs to be a 30 day notice prior to moving out. So basically in this case, I had them pay for another month to cover the 30 day notice policy that is in the lease. (This was 4 days before the end of June, so by July 1st, everything was out). So now being towards the middle of July, the tenant hasn’t given the keys back and they see the apt as still theirs, since they’ve paid for July. Which I understand. I guess where I’m a little confused is, since the tenant is completely out, but has paid till the end of the month, am I supposed to wait till the end of the month to rent it out to someone else? I see both sides of this, but after thinking about it, I feel I’m not 100% sure what I can/cannot do.

@Zach Lemaster awesome thanks!

@David Robinson I don’t think I have, but I’ll send a connect request. Thanks!

@Thomas Greer sounds good , thank you!

@Shawn Alexander definitely going to shop around, thanks for the info!