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re: Property Tax Assessments
Posted on 9/18/12 at 12:26 pm to tigerrocket
Posted on 9/18/12 at 12:26 pm to tigerrocket
The reason is probably because the property is no longer residential/homestead. Because you rent it out, taxes always double (At least in AL, they do). Probably the reason for your situation.
1
Posted on 9/18/12 at 1:48 pm to Gr8t8s
My understanding is that Fair market value should be what a willing buyer and seller would agree upon, not some number that the assessor comes up with. House was not homestead exempt.
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