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Property Taxes

Why Does Everyone Hate Property Taxes?

There are not too many people who enjoy paying property taxes. In fact, you will probably be hard pressed to find one person who likes…


Property Tax Relief

Since 2006, the median price of a home in the United States has declined nearly 20%. Because local tax assessors use historic trends (e.g., the…


Tips for Lowering Your Property Taxes

If you could lower your property tax would you do so immediately? Of course you would. The less you pay in property tax the more…


Property Tax Information for Home Buyers

It’s important for all potential home buyers to include property taxes when budgeting how much they can afford to pay for a home. The amount…


How “modified carryover basis regime” affects property

The new modified carryover basis regime is something that property beneficiaries need to be aware of. In the past, beneficiaries of property received a “step-up…


How Your Home’s Value Affects Your Property Taxes

A key misconception that property owners have is that the purchase price (or market appraisal value) of a real property dictates the assessed value for…


The Property Appraisal and Taxation Process

The property appraisal process is similar from state to state; however, reassessment timeframes can vary. Some states reassess property every year, some states reassess even…


Property taxes

Property taxes are the primary source of revenue for local governments in the United States. The money collected from property taxes provides funds for fire…