Posts Tagged ‘bottom line’
Property Taxes: The Downside of an Up-Market
One negative impact of the red hot Multifamily market is the increase in property taxes. With class A and B properties frequently trading, tax assessors are provided with ammunition to re-appraise Multifamily properties. In times of low trading and reduced property value, many assessors will only do a property tax assessment every 3 years. However,…
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