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Old Posted Mar 5, 2022, 10:49 PM
Investing In Chicago Investing In Chicago is offline
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Quote:
Originally Posted by marothisu View Post
I'd like to think most people know that the property taxes in Chicago are a little bit messed up..
It's a lot messed up and probably illegal. The formula is the city overtaxes the property owner, the property owner appeals the taxes (which you can't do every year), taxes get lowered, and property owner has to pay the law firm who is (probably) kicking back to the city somewhere. The process makes zero sense and is one big racket.
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