Quote:
Originally Posted by SleazyDream
my biggest problem is if I sell my house for $500K and buy another in the same price range here my property tax will double to $10K a year so I can't really sell.
good thing i love the house - room to grow with reno and such
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So do they go by what the selling price is? Here they are pretty good about keeping tax values down. Mine are lower than what I've paid for every property except for 2. I've fought every time they've tried to raise any of mine and so far have at least gotten them to lower the value SOME.
One friend of mine paid approx $300K for property, then built several structures on it, totalling over $1mil. He had to get permits from the county, so they knew exactly what he was doing, but they were too lazy to send anyone out for several years so he kept paying on the $300K valuation
Once they finally got it figured it I think it was around $1.5mil but they couldn't get him for the previous years since they were the ones that screwed up
