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Updated: 11:51 PM Oct 6, 2007
Landlords Handle Property Taxes
Landlords handle multiple bills for property taxes as they start to come in mail. Posted: 11:06 PM Oct 6, 2007Reporter: Stephanie Stang Email Address: stephanie.stang@wndu.com |
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If you are anxious about your property tax bills imagine having to paying multiple ones.
It is a hot topic on the minds of many landlords meeting at this weekend's Real Estate Investors Association of North Central Indiana.
Some say property owners say their taxes have almost doubled this year compared to last.
As a result landlords say they will either have to get out of the business or pass the extra costs on to their tenants.
“Those that can pay our bills since we are law abiding citizens will pay our bills but that means we won't be able to stay in business because it doesn't make sense any longer.. simply doesn't make sense,” says landlord Edi Mathis.
Property tax bills were sent out this week in St. Joseph County.
Payments are due by November 13th.
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