An annual report from Lincoln Institute of Land Policy and the Minnesota Center for Fiscal Excellence is pointing out the recent shift in property values and how it’s affecting taxes across all 50 states. So where are the 10 states with the highest commercial property taxes today? “Property taxes that are rebounding along with recovering property values should be no surprise to landlords. However, a lag time in reassessment periods in some jurisdictions is causing some property tax bills to skyrocket…” [ Read more here ]
Tag: Property Taxes
Managing Your Homeowners Property Taxes
Are your property taxes taking a toll on your wallet? Chances are there are a few things you can do to lighten that burden…
“When your county or township does an assessment, it’s estimating the value of your property for tax purposes. What they want to know is, based on local sales and other trends, if your property’s value has gone up or down. If it’s declined, that’s good news, tax wise…” [ Read more here ]