House hack property taxes gone wrong

3 Replies

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? 

Your Rate should go down slightly but perhaps the assessed Value went up?

@Caleb Heimsoth $263 per month

I think I figured it out...They are charging me for 4% for the whole property as well as 6% for the whole property. 

See below for the screenshots I took of my neighbors information from the tax accessors webiste verses mine. Look under "Land". (My neighbors is a duplex as well)

Neighbors Property:

My property:

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here