nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
My local government informed me that they assessed the value of my house increased by 61%.
My property taxes are increasing 61%.
This is a tax on unrealized gains.
My income has not increased. I have realized any gain in the value of my house.
Similar thing happened to my property a year ago. We challenged the assessment (which was valued higher than real estate sites - realtor.com, zillow - which notoriously inflate estimated home values!) with the county and got it more fairly priced. I feel it is still high, but it is more realistic.
Push back!
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