Re: O.T. Property Tax Accessment

Posted by jhill on March 08, 2005 at 19:22:32 from (69.179.58.176):

In Reply to: O.T. Property Tax Accessment posted by Frank (N.Mi.) on March 08, 2005 at 16:48:11:

My state equalized value stayed the same this year and taxable value went up 3%. Evidently land values in MI stayed the same or in your case dropped a little. The taxable value will always go up at least 3% until it is the same as the state equalized value. I think it is a good trade off. Property taxes would be out of site otherwisw. My Taxable value is about 1/2 the SEV. It is a big incentive not to move. I inherited 2 pieces of property and man the taxes are now based on the SEV. WOW what a hit.

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• Re: O.T. Property Tax Accessment Frank (N.Mi.) 16:43:31 03/09/05 (0)

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