Buyer Beware

The term “buyer beware” can apply to almost anything. It is particularly true when purchasing a residential lot or a newly constructed home. The process begins with a developer making improvements to the land by plating it into individual lots. Many times the property is improved by installing streets and utilities. Of course, when it…

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Property Tax – Rollback

November 2016 WATCHDOG   (Updated 2019) More than 20 years ago, Iowa residential property values were rising quickly. To help cushion the impact of high inflation, the Legislature passed an assessment limitation law called “rollback”. The property tax rollback impact for agricultural and residential property can be substantial because they cut the property tax nearly in…

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Tax Impact of Iowa Roads

November 2016 WATCHDOG Back in the early 1900’s Iowa roads were not much more than mud paths. Over time roads were paved with asphalt or concrete creating a smoother ride. One Iowa road phenomenon is the county gravel road laid out every mile. When most of Iowa’s population lived on farms that was a good…

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