Did Trump say he was going to look at property taxes? Just checked mine and guess what?! They are going up for the 5th straight year.
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Yes, he floated the idea around last summer, it would be real nice if they could do something about it. I think there was some tax breaks in the big beautiful bill or readjustments anyway when it comes to taxes there. Maybe one day it can become a reality though!.. Remember as well something about them not being able to take your home away or having to buy it at market price and only reducing it the amount of taxes owed.. or.. something along those lines.. So, if they take it from you for owning 10k in taxes, they need to buy it from you at market price -the 10k owed...
It is a State thing and some of those states LOVE using property tax hikes so do so every year. IMO, they are in your face, trying to make everyone they can, lose their private property by, cranking up property tax so even if your family lived on that 1 acre lot or 10+acre horse/hobby ranch.. for generations, current gen suddenly cant pay the property tax that just went up 1k+ so they lose the property and the state profits from its sale.
Thank you…it’s amazing City Officials get a raise every year