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jeffreyhunt90 t1_jdicfxy wrote

Mine (Shaw) increased 17% despite private companies estimating the value went down by 5%.

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Gumburcules t1_jdj2z9b wrote

Is it an investment property? Houses getting the homestead deduction are capped at 10% a year for property tax increases.

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jeffreyhunt90 t1_jdj3xcb wrote

No, I live here. I don’t know much about that I should look into it

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rolo-lolo t1_jdkb9l5 wrote

Here you go.

https://otr.cfo.dc.gov/page/real-property-tax-relief-and-tax-credits

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jeffreyhunt90 t1_jdndu1c wrote

Ah ok. I took a look at the property tax sheet. While the ASSESSED value increased by 17%, the taxable part increased by….exactly on the dot 10%. I was confusing assessment with the taxable portion. Shoutout to u/rolo-lolo and u/Gumburcules

Sorry everyone, all this tax stuff is not my thing.

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Surefinewhatever1111 t1_jdr99qo wrote

Taxes aren't my thing either, I got a guy for that but money is very much a thing I'm concerned about so I dig into it every year.

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