[Chat] Tax assessments
OldHouseHistory at aol.com
OldHouseHistory at aol.com
Tue Jan 8 20:22:27 EST 2008
If find it amusing that everyone likes to see there real estate value rise,
as your largest personal investment in most cases, but nobody wants to pay
their fair share of the taxes on it.
In NY State, one used to be re-assessed at the sales price! Our assessments
in MD are far below what one would sell their house for.
With that said, perhaps the increase, especially to those absentee landlords
without the cap, will prompt them to sell abandoned and/or leased houses in
the area that are not well cared for.
Paul K. Williams
Kelsey & Associates, Inc.
1929 13th Street, NW
Washington, DC 20001
(202) 213-9796
_WashingtonHistory.com_ (http://washingtonhistory.com/)
2629 Guilford Avenue
Baltimore, MD 21218
_BaltimoreMarylandHistory.com_ (http://baltimoremarylandhistory.com/)
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