Quote:
Originally Posted by Gettingoutofdodge
When I bought my house 2 years ago in the Village of Charlotte the taxes were much less. The following year they were reassessed based on what I paid for the house. I applied for the Homestead deduction, which will be applied on this year’s tax bill. What you are quoted as taxes will change.
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You got it. Taxes are reassessed each time the home is resold. And you can bet the taxes don't go down.