The Most Hated Tax
Did you know you can fight back if your real estate tax bill is unfairly high? Your property’s assessment should be close to those of comparable properties in your neighborhood. (The assessed value multiplied by the tax rate determines your tax bill.) The National Taxpayers Union estimates that 20% to 40% of those who petition for a lower assessed value get a reduction. Here’s how to make your case to the local assessor or the board of appeals.
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