Omaha is around 60% or more of Nebraska's population, isn't it? What other part of NE has the population base or value to support the state? Central City? Auburn? Beatrice? Loup City? Chadron? Syracuse?
Sorry for the fun with NE cities there. Omaha's going to support the state because you have the people, the value, and the money.
Yeah, Omaha carries Lincoln's jockstrap for them. Omaha has 7 per cent sales tax and just annexed 5k more people to help support the combined sewer project.
Looking forward to CFH magic for the next bball season, Georges style.
Can I go contest as soon as I close the deal and have documentation on the lower purchase price or is there a once a year assessment????
In Iowa you can only protest the amount when you get a new tax assessment from the county, which is every other year. You have a short window of time to do this, and need to fill out the proper paperwork.
In addition, you need to have some documentation as to why the property is overassessed in tax value. Examples would be similar properties with the same land/size of yours that are assessed (pay lower taxes) for less.
Reduced sales price / appraised value is NOT a valid reason to lower the taxes. This person basically did a fire sale to unload this piece of property. It would be the same as if it were a short sale or foreclosure - those do not changed the assessed value of the home. There was no change to the land usage or property class code, so there should be no changes to the assessed value for taxing purposes.
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