When property values ratchet up in gentrifying neighborhoods, so do the taxes assessed on them. This can put a strain on lower, middle, and fixed-income homeowners struggling to keep up with bills and basic living maintenance fees. Especially if you’re into real estate investing, property tax overhead needs your attention. Not everyone lives in NYC […]
Category Archives: Real Estate Property Tax Guide
What happens if you have noisy neighbors? All too often, previous assessment levels are rolled over and no consideration or oversight to actual market valuation be it for a home or a business. As a business there could be vacancies resulting in a lack of income. If changes in assessed valuations are not challenged, one […]
Ever notice how generous tax incentive are given to big retailers and big businesses? Do these tax incentives get change later on or do residential homeowners get left holding the bag? That’s a problem! BIG retailers argued that their stores should be valued as if they were vacant or “dark” properties, and not according to their […]