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I bought a rental property in Cook County IL mid 2017 and 2016 property taxes was around $2000. It was a foreclosure and there wasnt any homeowners exemption. The property only needed a light rehab (paint, new floorin...
Hi,
I have recently Buyed a new Home and Tax of that home is too high in prospective to the cost of the home.
Please can anyone help that how can i reduce my property tax?
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BP,Curious as to your insights on first year ownership and tax spike. I recently received my tax bill for a property I purchased in Chicago and was stunned to see an increased in assessed value of about 50%. The previ...
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Appeal rejected, heading to tax court. 5 figure case.
I distributed a rental property from my SDIRA in 2020 as a cares act withdrawal. There was a mortgage on the property. The irs wants taxes, penalties, and intere...
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Property: 4 acre Lot with 3 houses (all under the same tax deed) In the DC Suburbs. Back Story: The current owner had this land in his family for bout 100-150 years. He did owner financing to a lady who had the proper...
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my property assessment almost doubled this year. Any one also receive their assessment?
I’m in Mayfair section of Philadelphia
I am going through a landlord tenant complaint to get someone evicted from a home I bought. I have already received a ”Judgment for Possession” and am waiting the 15 day to then go back to the court to get the "Orde...
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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 refl...
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Suppose you pay $120,000 for an REO with an ARV of $300,000 which needs $80,000 in repairs. Will the county reduce your property tax to reflect your $120,000 purchase price ?
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Hello,
I recently got my first rental property in Jan 2012. My 90 year old uncle deeded the property to my LLC for free. I inherited a long term elderly tenant who has been in the home for 20+ years. She pays a v...