Cook County property owners who believe their property has been overvalued or improperly classified can appeal their property tax assessment to potentially lower their tax bill. Here is some information and resources related to appealing real estate taxes in Cook County: Real Property Income Expense (RPIE) Form: Owners of income-producing properties are required to submit a Real Property Income...
February 2023
Eligible Properties: The properties involved in the exchange must be held for business or investment purposes. Personal-use properties, such as a primary residence or vacation home, are not eligible for a 1031 exchange. Like-Kind Property: The property you acquire must be of "like-kind" to the property you are selling. This means that the properties must be similar in nature or character. For example,...