CANADA
Here's Why Canada Has One of the Highest Property Tax Rankings
Bloomberg Tax
When the OECD revealed that Canada's tax revenue ranks second-highest globally—dropping just one spot from first place in 2021—I wasn't surprised. If anything, it was a clear reflection of the ongoing issues our Canada-based clients have faced over the last few years as they navigate a volatile property market exacerbated by Covid-19 disruptions.
NATIONAL
Where are property taxes the lowest? New report ranks every state
Boston.com
A report released this week shines a light on property tax rates around the country, ranking all 50 states and Washington, D.C. by how low each of their real estate property tax rates are. The results of the report, released by personal-finance website WalletHub, paint an interesting portrait of New England that shows a divide between one half of the region's states and the other.
NEW YORK
One year later, city hasn't renewed or fixed lien sale
The Real Deal
Glen Wolyner knew he was way behind on his property taxes. The debt had snowballed after a perfect storm that included a cancer diagnosis and a steep drop in his consulting work during the pandemic. But he did not realize that the city sold his debt in 2021 and that the buyer was moving to take over his Soho loft.
TEXAS
Texas has the 6th highest real estate property taxes, new report finds
Dallas Culture Map
It's the time of year when Texas homeowners grimace at their tax bills. But here's some consolation – the Lone Star State does not have the highest property tax rate in the U.S. Personal finance website WalletHub's 2023 report says there are five states paying higher property taxes than Texas.
Recall process begins for Tarrant Appraisal Board chair Kathryn Wilemon
CBS Texas
Just as homeowners in Tarrant County this spring start to find out how much their property value has climbed again, there could be a change at the top of the agency that determines those values. A recall process has started for Tarrant Appraisal Board chair Kathryn Wilemon, after city leaders in Keller questioned transparency and accountability at the district.
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