Double the Property Tax?

[Terrel L. Shields]

 

[Fernando]

Sorry to hear that. Move to CA. CA has Prop 13 which has maximum increase of 2% a year.

 

[Fernando]

That reminds me, I better pay my property tax coming due.
For one of my commercial properties, the assessed value went down!
Rarely do I remember paying less tax than year before.

 

[Dublin ohio]

Sorry to hear that. Move to CA. CA has Prop 13 which has maximum increase of 2% a year.

Where in California can you buy a house for $250k. Let alone the much higher cost of living

 

[Fernando]

Where in California can you buy a house for $250k. Let alone the much higher cost of living

Maybe a condo where Charles lives. Out in the boonies in CA, homes are cheaper.

 

[George Hatch]

If property tax assessments floated per market prices in Calif it would likely inhibit big price increases.

 

[Fernando]

I'm paying another property tax but is a condo in same county.
About the same as last year. That means county finds condo prices same as last year. Ugh.
I'm looking at my other residential properties in another county and assessed value about the same. Rarely does this happen. Ugh.

 

[Fernando]

I'm surprise one of my commercials in SF had an increase in property tax.
I'll let it go this year but next year I might appeal if it increases again.