Property Tax Impact on O’Hare Flight Path Homes
While Cook County property taxes have skyrocketed for just about every homeowner thanks to Rahm Emanuel’s combined $838 million property tax hikes over the past year, there are some who actually saw theirs decrease.
However, there’s a “catch” for these homeowners and here’s what can be done about it.
Cook County Property Tax Hikes: Impact on Renters
An often overlooked impact of Rahm Emanuel’s combined $838 million property tax hikes over the past year is the impact it’s having on renters.
How can apartment building owners relieve the financial pressure without increasing rents that drive out renters, particularly in the face of additional property tax increases looming on the horizon? There is only one thing that can be done…
The Compound Effect of Property Tax Appeals
In 1716, Christopher Bullock in The Cobbler of Preston wrote, “‘Tis impossible to be sure of any thing but Death and Taxes.”
Considering the growing, unfunded pension liabilities of Chicago and the suburbs, you can count on further property tax increases.
Cook County Board of Review Announces 5 More Townships Open for 2016 Property Tax Appeals
The Cook County Board of Review has announced that 5 more townships opened on 10/17/16 for 2016 property tax appeals. The deadline to file an appeal is 11/15/16 for the following townships:
- Elk Grove
- Norwood Park
Contact Us to Learn More
Illinois Takes Your Unclaimed Federal Savings Bonds
The State of Illinois recently passed a bill where they will claim your federal savings bonds if you don’t claim them within 5 years of maturity. This did not make the news.
As part of our government refund service, we monitor the activities of Illinois and Cook County so that we can help you claim refunds that you are unaware of. Periodically, we run across activities like this that would not otherwise see the light of day.