Erika Plyler’s Post

As a Colorado homeowner, you've seen your home value rise. A lot. But with that rise also comes an increase in property taxes, particularly when revenues from Commercial Real Estate have declined in recent years. But lately, the State is taking steps to contain those rising property taxes. New laws will limit the growth in tax-assessed values for homeowners. Learn more here from Denver's Channel 9 News #propertytaxes #coloradopropertytaxes #propertytaxlaws

Brace yourselves, Colorado homeowners! Property tax is on the rise. I am proud to share Common Sense Institute Colorado's latest study, which unveils the facts. #boma #bomadenver #propertytax #cre Get informed: https://lnkd.in/gWZiVctc

In November, voters in Colorado and Georgia will weigh in on two proposals to limit property taxes for homeowners. So far this year, Alabama, Wyoming, and Kansas have enacted new laws designed to limit future property tax hikes for homeowners. Other states are looking at more limited carve-outs and exemptions. Read more…. #realestate #taxes #investors

A recent CoreLogic analysis showed that at the state level, average property taxes paid by #homeowners vary from $694 per year in West Virginia to $8,498 in New Jersey. Property taxes are levied proportionally to #homevalues, so such differences by state largely reflect variances in home values and property tax rates.

Darryl Lloyd experienced a shocking property tax bill increase due to an error, highlighting the importance of verifying tax assessments. - 📈 Property tax bill jumped from $1,800 to over $30,000. - 🏡 Assessment valued a modest 1950s home at over $1 million. - 🛠️ Lloyd, a diesel mechanic on disability, couldn't afford the new bill. - 🔍 Over 4,400 homes in Cook County faced similar assessment errors. - 📞 Issue resolved after contacting local news; incorrect permit blamed. - 📑 Homeowners should understand tax calculations and check for exemptions. - 📝 Appeals can be filed if a property is incorrectly valued. #PropertyTax #HomeownerTips #RealEstate - 💡 Always verify property tax assessments against comparable properties. - 🏠 Check your local tax office’s website for breakdowns of tax calculations. - 💼 Consider hiring a lawyer if you need to file an appeal. - 🛡️ Look into exemptions for veterans, older adults, or those with disabilities. Chicago homeowner stunned after getting a notice that his property taxes skyrocketed from $1,800 to over $30K https://lnkd.in/gHK7Mg3U

Attention Harris County Property Owners! In a recent development, Mayor John Whitmire has struck a significant billion-dollar deal with firefighters, potentially leading to a property tax hike. The deal focuses on bolstering first responder pay, highlighting a pivotal shift in property tax policy for the City (Houston hasn't seen a property tax increase like this in over two decades). The increase is going to a vote - the public will decide if they are willing to pay approximately $15 more per month to fund the Mayor's agreement. Learn more about this impactful agreement in the following article. #Houston #PropertyTax #FirstResponders #RealEstate #TaxHike #AdValorem #BrusniakTurner Read more: https://lnkd.in/eV4DXccN

Florida property tax Effective property tax rate: 0.89% Median home value: $266,100 Median real estate tax paid: $2,372 The three counties in Florida with the highest effective property tax rates are Alachua County (1.14%), Broward County (1.05%), and Hendry and St. Lucie Counties (1.04%). The Florida counties with the lowest effective property tax rates are Walton County (0.56%); Monroe County (0.62%); and Jackson, Franklin, and Holmes Counties (0.64%).

🏡 Property taxes and home values are closely linked. Learn how changes in property taxes can impact your investment and what to expect as a homeowner. 📊💡 Explore more: https://ow.ly/FAwS50TgnwT #PropertyTaxes #HomeValue #RealEstateInsights

Buying a home? 🏡 Don't overlook property taxes! Here's a quick guide on what every homebuyer should know. #BostonRealEstate #PropertyTaxes #HomebuyerTips https://ow.ly/WE5K50TpJof

El Paso homeowners face rising property tax appraisals as total taxable values jump 15.9% from 2023 to 2024. The increase in residential and commercial property values could mean higher property taxes. https://bit.ly/4aLTMMp