Hello I'm researching the Cleveland suburbs to invest in rental properties and read a Biggerpockets forum on property tax, and although there are some comments on the issue, I'm still unclear whether investors will pay a higher property tax than owners occupying properties (as it happens in Florida where I have 2 properties). I did read that there is an annual door fee to pay in some areas, although not sure how to find about that fee when considering a property either. Any info much appreciated!
Are you taking about the homestead tax?
If you live in the property you get some relief or discount.
Every city charges a different rental permit/license, just need to figure out which city you are investing in.
Thanks Federico, I am talking about the tax my LLC will pay as the owner of rental property which will be higher from the homestead tax the owner pays.