I've recently gotten back assessed values/tax increases on my properties. The actual "assessed values, I paid for" of my SFR's are greater than the market values I got back on the tax forms. Is anyone challenging these, or am I wasting my time/just bite the bullet. There's always a potential for increase in taxes if they feel the houses are worth more. Input is valued!!!!
@John Powell , you aren't the only who is less than happy:
You may have missed the window to challenge. I think it was a few days ago.
Fair enough, the numbers didn't look wild on paper. What's been your approach?
John, I am a bit confused by your statement. It seems that you are saying you paid MORE than they are presently valued. If that is the case, let the value ride and don't do anything.
If, though, the county's values are too high for your properties (IE more than you paid) - you can still challenge by filing an appeal with the Board of Equalization by July 8.
Appeal form is on their website - search Jackson County Board of Equalization.
@Ron Jurgeson thank you for your thoughts. The market vaules are lower than what I bought for, so I'm not huffing too much, just concerned regarding .....well money. Thank you.
I had substantial tax assessor increases in all Jackson County properties that I own. Three went higher than what I paid for them in early 2017, so I submitted the 'informal review' request on those, and left the others alone which were still appraised less than, although much closer to, current market value.