Property tax

Increase Cash Flow by Appealing Your Property Taxes

by Ken Corsini | November 17, 2011

For most of the last decade, property tax assessments increased year over year with the rate of appreciation. Local municipalities structured their annual budgets around projected increases in revenue from gradual hikes in property assessments. Much like real estate appreciation, you could bank on property taxes increasing to keep pace. However, in 2008 as the [...]

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Commentary

Real Estate Tax Bomb

by Richard Warren | October 25, 2010

A couple of weeks ago I paid my property tax bill with a smile. Why? It was 25% lower than it had been the year before. Then I realized that this wasn’t just the case for me, but for every homeowner in my area. We know all too well how much property values have fallen [...]

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Taxes

Prop 13 – Fixing the Loopholes

by Florence Foote | May 11, 2010

California initiated a major revolution when the people passed the legendary Proposition 13 back during the 1970s. As many people know, Prop 13 prevents reassessment of real estate until it changes hands. (In the meantime, the valuation can only increase by a tiny percentage every year.) This has been simply wonderful for homeowners who stay [...]

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Commentary

Blame California. (But Don’t Be Afraid To Invest Here).

by Florence Foote | January 12, 2010

Californians have gotten used to being blamed for many ills. Some years ago, the good people of our neighbor state to the north were said to have erected billboards declaring “Don’t Californicate Oregon.” Sadly, many Californians understood exactly what they were talking about, and far from being insulted, were none too crazy that our own [...]

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Commentary

Grow Your Real Estate Network; Get Involved Locally

by Justin Pierce | November 8, 2009

I cringe to even think of writing this post, peppered with politics, but we just had an election for a Governor here in Virginia and it raises a few points that I think investors (well any businessman or woman) should keep in mind. Don’t worry, we’re not talking party politics, but local political involvement. Put [...]

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