Updated over 8 years ago on . Most recent reply
House hack property taxes gone wrong
I bought my duplex in November 2017. I moved in immediately. I bought the property from a distant landlord who was paying 6% Property tax which worked out to be $2,265.60 a year.
I filed for 4% property tax since this is my primary residence, I was denied the 4% on the entire property but was told I will have to pay 6% on the rental side and 4% for my side....This makes sense so I did not think anything of it... Well yesterday, I got a letter in the mail from my loan company, that said I had a escrow shortage and my payment was going up $263!!! I looked on the accessors website and my property taxable value has not changed. As you can imagine, I am really trying to find out what I am missing here. The increase is due to a "Property tax increase"....
Somethings not right...my property tax was supposed to go down, not up!
Anyone have any advice on what to do? I am going to call the accessors office to figure out whats going on, but does this sound wrong or am I missing something here?