Reply to 2024 property tax assesments

Forum Index » Metropolitan DC Local Politics

Reply to "2024 property tax assesments"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Looks like DC figured out how to make up for lost commercial property tax and sales tax revenue without officially increasing tax rates. [/quote]

Oh, do you have evidence of taxable assessments higher than market value?  Mine is still about $100k+ below market value and I suspect a lot of others are lagging as well.[/quote]
The point is whooshing above your head. Taxable assessments in DC have traditionally lagged market values for as long as I’ve lived here. The year I bought my house where a market value was established, my assessment was $200k below. They wouldn’t need to exceed market values to more aggressively increase taxable assessments. It’s just going to piss off a lot of people, particularly first time homebuyers who may have ability to accommodate increases in their monthly payments to cover escrow.[/quote]

Yeah, I think we agree that I don't understand your point.  It seems like you're saying what DC is doing is unreasonable, but I don't understand why.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics