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Updated over 11 years ago on . Most recent reply

Steven Libby's profile image
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Steven Libby
  • from Jacksonville, Florida
  • Member since Apr 25, 2014
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Steven Libby's profile image
Steven Libby's profile image
Steven Libby
  • from Jacksonville, Florida
  • Member since Apr 25, 2014
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Steven Libby
  • Jacksonville, FL
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Buying & Selling Real Estate

How does tax abatement affect property values?

Steven Libby
  • Jacksonville, FL
Posted

How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement and once the tax abatement is up, will the property's value go down? How does it work?

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