assessor: What's Abatement? - 01/29/09 09:19 PM
“Guy, if I buy this house, will my property taxes be calculated based off my purchase price?” This is a question I get asked quite often.  And is one for which most buyers are surprised to hear the answer.  What they are really asking is will their new property tax bill be lower than the property’s current tax bill.  Unfortunately the answers to both questions are “No”.   Property taxes are calculated from a property’s assessed value.  And while the assessed values of many Washoe County properties are declining [another 15% according to a Tuesday RGJ article], most property owners will … (0 comments)

 
Guy Johnson, MBA, CRS, Blogger (Keller Williams Group One, Inc.)

Guy Johnson

MBA, CRS, Blogger

Reno, NV

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Keller Williams Group One, Inc.

Address: 10539 Professional Circle, Suite 100, Reno, NV, 89521

Fax: (775) 823-8786

Mobile: (775) 722-4011

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I regularly contribute to the Reno Realty Blog. This popular blog describes itself as "Musings on the Reno Sparks real estate market". Find it here: Reno Realty Blog

Guy Johnson, Real Estate Professional in Reno

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