In VA, localities are required by law to assess real estate at 100% FMV. An appeal on your assessment is not an appeal on higher taxes. You want the value of your home to be worth more than what you paid for it, not lower. Localities will also have tax relief programs property owners can apply for.
Bought my house at $163,000 10 years ago. It’s suddenly worth $250,000. 🤷♂️. I’ve made no improvements. Just repairs on an ancient house that’s actively self destructing. Guess it’s all the Berkshire-Hathaway signs that surround us in houses that remain vacant for 2 years so far.
You rent from the government. Period. I would love to tear down an old ,looks like a horse stall and replace it but am afraid of my txs going up.they go up at least 30 every yr.
I had a higher tax property assessment % bump in 2019 - when I was losing hundreds of thousands in the stock market under Trumplethinskin. Since 2020 my stocks have gone through the roof! Love me some Brandon!
@@katiejon17 - Facts are NOT in dispute. From June to Sept 2020 - my stocks TANKED going from roughly 29387.8 (DJIA) TO 18247.6. By Dec 2021 Biden had that back to 29378.8 AND NOW the DJIA is at over 33089.2. So one of us plays pretend and probably doesn't actually have ANY money invested. Because if you did - and it was invested properly - you would be making a killing under Biden like I have been. Most of Donald Trump's gains, riding off the back of Obama's economy were lost at the end of his failed Presidency. You should probably turn off the OAN and Faux News and start reading for yourself sometime soon. Let's do DARK BRANDON!!!
