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Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Pat Caruso
  • New to Real Estate
  • Buffalo, NY
5
Votes |
11
Posts

Tax Reassessment at Closing?

Pat Caruso
  • New to Real Estate
  • Buffalo, NY
Posted

I'm looking for my first house hack and as I'm analyzing deals, I need to factor in property taxes. At closing, does the city/state reassess the value of the home for property tax purposes? Specifically, does anyone know if New York State does this? I'm located in Buffalo. Thanks in advance for the tax help! 

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