Homeowners aren’t usually thinking about their future tax bills when they embark on a remodeling project. But they’d be smart to at least give them a second thought. That’s because renovations can significantly raise a home’s value, which can increase the amount for which it is assessed. Assessed value is used to determine your property tax.
from The CalNev Team - North Lake Tahoe 1 Million Plus Homes http://www.marketwatch.com/story/home-renovations-that-add-value-and-a-heftier-tax-bill-2015-11-24
No comments:
Post a Comment