My Property Taxes Are Going Up: What Can I Do?

Many of you have enjoyed lower property taxes for the past many years during the economic downturn. Especially those of you who locked in your Stephens-Day value (the ceiling for a majority of your tax bill) back in 2003-2007 when property values were high. Now that home values are rising again, what can you do to minimize your property tax liability? If you already have filed your homestead exemption and your taxes have been increasing the last year or so, you might consider placing a “tax freeze” on the assessed value of your home.