Property Tax Revolt Brewing

As the New Year gets under way, elected officials are considering curbing or rolling back property taxes in numerous states from coast to coast. That’s good news for landowners, homeowners, and real estate investors whose properties are easy pickings for cash-strapped local governments because property taxes are one of the few revenue sources controlled at local levels. Read more

Amendment 4 Approved by Floridians

Voters in Florida overwhelmingly approved Amendment 4, The Florida Conservation Land Amendment, a measure that will lower property taxes on lands set aside for conservation. Amendment 4, which was  supported by Florida Governor Charlie Crist, was approved by 68.4 percent of Florida voters. A 60 percent majority was required. Read more

Property Tax Appeals on the Rise

Last week we took note of the great disparity in property tax rates from state to state with New Jersey levying an astounding $2,642 per citizen on the high end and Alabama charging its citizens an average of $477 by comparison. Now Investor’s Business Daily has taken that discussion a step further and singled out the rise in the number of property owners appealing their tax assessements. Read more

Lowest Property Taxes in U.S.? Alabama

Alabamans pay on average just $477 per person in property and real taxes. That’s one of the many conclusions of this 64-page background paper from the Washington-based Tax Foundation that was released earlier this month. But you already knew that because you read this post at LandReport.com on Alabama’s low tax rates several months ago. Guess which state finished at the bottom of the list?

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