I purchased my house almost a year ago and I received a letter from the county stating that they are revaluing 300+ thousand parcels..blah blah blah.
They give an option to protest the reevaluation which is the same dollar amount I bought my house for. They say there may or may not be a tax incentive, if there isn't i'm not interested in dropping my market value.
FTHB so I don't know if the market value decrease is to my benefit or not. Is anyone familiar with this, what would you do would you keep it at the current value or let them drop it to what you purchased your house for by 20K?
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