Understand Your Property Taxes And What The Future Looks Like.
Understand Your Property Taxes And What The Future Looks Like.
Abstract
PROPERTY TAX ASSESSMENTS ARE YOU READY FOR YOURS TO SKYROCKET? If you haven't noticed, we're in a state of inflation like we haven't seen in some time. Markets inevitably balance and those advantages that have existed for property owners are being pulled back first by financial institutions, then the Federal Reserve, and now local governments. Back in January, 2022, Nexus Property Management Vice President of Franchise Sales, Greg Rice, warned us all that the clock was ticking and it was time to do something with your property's equity before it was too late. So property revaluation is the weapon of choice to make adjustments to the tax roll. These are all corrective measures by other entities to curtail the market that was so very favorable to us, the property owners and investors. We all want to provide our tenants with high quality living spaces and when we spend money on our properties we want to add value for those tenants. A National Property Management Franchise that manages all types of rental property from single family homes or condos to large apartment buildings and complexes.