Homeowners, mortgage lenders, and other lienholders lost or will lose up to $2,796,140 in 2019 alone.
Eye on Ohio
After a Pulitzer Center-supported investigation, Ohio lawmakers introduced a new bill that would close a property tax loophole in the state.
When Palmer Square, LLC recently wanted to sell their apartment building, they went through all the usual hoops that most homeowners are familiar with. But selling the property outright would have cost $65,000 in conveyance fee taxes, and annual property tax would bump up an additional $309,000 dollars per year.