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Major renovations can lead to your property taxes skyrocketing. Here’s how to avoid the same fate.
Walter and Debbie Priebe thought they were securing the future of their cherished Pompano Beach, Florida, home when they undertook major renovations. But after fixing termites, repairing the roof and adding a second story, their property tax bill exploded — from $15,000 to more than $90,000 a year. The Priebes’ story — first reported by Realtor.com — highlights a growing risk for homeowners…
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