Economic Mobility Pathways - EMPath’s Post

🏡 Thinking About Buying in Alabama? Here’s What You Need to Know! 🦅  Did you know Alabama has one of the lowest property tax rates in the nation? While it’s not tax-free, the state’s unique system and exemptions make it a top choice for homeowners and real estate investors looking for affordability. But here’s the catch—local tax rates can vary, and exemptions could save you thousands!  Want to know how Alabama stacks up against other states and why it could be the perfect place for your next move or investment? **Click below to dive into the details and uncover the full story!** 👇  https://lnkd.in/eXX3MYB4 #RealEstateTips #AlabamaRealEstate #PropertyTaxes #AffordableLiving

Looking for an expert in Real Estate. Call me at 551-580-1986. Top 10 Counties With the Highest and Lowest Property Taxes   Property tax rates are all over the map. Find out where rates are lowest, and where you'll be paying more per year. The pride of homeownership comes with the guarantee of paying property taxes—and where you live plays a role in how much you have to pay. A new survey from Construction Coverage reveals the counties with the highest and lowest property taxes, and they might not be where you think. The report found that property tax rates are higher in densely populated areas and communities with older infrastructure–which require more frequent maintenance. https://lnkd.in/e_55jxSK

🏡 Property taxes and home values are closely linked. Learn how changes in property taxes can impact your investment and what to expect as a homeowner. 📊💡 Explore more: https://ow.ly/FAwS50TgnwT #PropertyTaxes #HomeValue #RealEstateInsights

Alt title: Assess Backwards. The commercial property tax assessment process in cities looks to the past, while owners and landlords want to look forward. The coming tax assessment showdown for cities, for Commercial Observer

Maryland property owners are facing significant tax increases due to substantial property reassessments, with some values rising by up to 35%. While some owners welcome the increased property values, the potential tax burden is a concern, especially for those already struggling financially. To mitigate the impact, state officials encourage homeowners to apply for available tax credits and relief programs.#pickyourpoison #signofthetimes #realestate

Brace yourselves, Colorado homeowners! Property tax is on the rise. I am proud to share Common Sense Institute Colorado's latest study, which unveils the facts. #boma #bomadenver #propertytax #cre Get informed: https://lnkd.in/gWZiVctc

Buying a home? 🏡 Don't overlook property taxes! Here's a quick guide on what every homebuyer should know. #BostonRealEstate #PropertyTaxes #HomebuyerTips https://ow.ly/WE5K50TpJof

The property tax is the polticians' drug of choice. They can raise taxes without having to take responsibility for it! They simply institute a system that creates windfalls when markets rise, bringing in new tax revenues in amounts that have no connection whatsoever to changes in government expenditures. Of course, this system also causes revenue whiplash. And, this onerous system is particularly burdensome on those on fixed incomes (usually, the elderly), making your county tax collector the real owner of your property and the real source of financial distress on the middle class. Consider: if a first time buyer makes a 20 percent down payment on a house (having sacrificed to save the funds), your local tax collector immediately confiscates fully 10 percent of your equity in year 1 (with a 2 percent tax rate on the appraised value of the house), followed by additional confiscation each subsequent year, until (after several years), he has confiscated your entire initial equity, through the property tax. Or imagine a retired couple that, having faithfully paid their mortgage for 30 years, find that the county tax collector is taking 25 percent of their social security off the top, rising every time house prices rise (but their income do not). Look, we need resources to provide basic services (roads, schools, public health ...), but it is long past time to retire this antiquated and harmful system of official confiscation of middle class wealth. See what California voters did almost fifty years ago to save their homes from this unfair tax: it’s called Proposition 13. It has saved hundreds of thousands of people from losing their homes. Joe Ventrone Democratic National Committee Republican National Committee U.S. Department of Housing and Urban Development

📢 Attention Trussville Homeowners and Real Estate Professionals! Recent property tax assessments in Trussville, AL, are changing the landscape for homeowners and the real estate market. Whether you're facing higher property taxes, planning to buy, or considering selling, it’s crucial to understand the impact of these changes. In our latest article, we explore: ✅ How assessments are calculated ✅ Financial impacts on homeowners ✅ Tax relief options and appeal strategies ✅ Market implications for buyers and sellers Stay informed and prepared to navigate this evolving tax landscape effectively. 🏠💼 🔗 https://lnkd.in/epJers5f #PropertyTax #TrussvilleAL #RealEstateNews #LASCompanies #Homeownership #PropertyAssessment #TaxRelief #RealEstateMarket #LASRealEstate

The commercial real estate market is facing a reset, and assessed values on office buildings are being successfully challenged in many municipalities, resulting in significant value reductions and lower tax bills for property owners. As a result, questions are being raised about whether local jurisdictions are becoming more reliant on residential owners' property taxes, at least in the short to medium term. #officespace #commercialrealestate #propertytax