landlords – CU-CitizenAccess.org

Complaints about yard waste and housing in disrepair continue to rise in Urbana; Property inspections behind schedule goal

Post author:Michal Szczepaniak / For CU-CitizenAccess and Gwyn Skiles / For CU-CitizenAccess
Post published:February 29, 2024
Post category:Government Housing

Rental property and nuisance complaints have soared in Urbana over the past few years, records show. The records, obtained via Freedom of Information Act…

Read more about the article Landlords benefit from loose law; save millions in taxes

Darrell Hoemann

A view of houses on Hedge Road. Several rental properties here are owned by companies that receive the homestead exemption.

Landlords benefit from loose law; save millions in taxes

Post author:Pam G. Dempsey
Post published:July 14, 2015
Post category:Government

Champaign County landlords are reaping more than $20 million in tax exemptions a year by taking advantage of a loosely written state law and an interpretation of that law by the county supervisor of assessments.

Read more about the article Co-ops, retirement villages benefit from homeowners exemptions

Darrell Hoemann/CU-CitizenAccess.org

Winfield Village on July 8, 2015. This retirement community received more than $2 million in the homestead exemption for tax year 2014.

Co-ops, retirement villages benefit from homeowners exemptions

Post author:agorton
Post published:July 9, 2015
Post category:Housing

Landlords of single properties are not the only ones getting tax breaks under the General Homestead Exemption. Companies that own cooperative apartments or retirement life-care communities also can get multiple exemptions under state law.