Hi guys,
Quick question. Bought land last year in Rocky View County, still empty, but came to find out (my fault) that I didn't pay that taxes for the year as they must have come out right around the time we bought land and I didn't pay attention to the lawyer letter. Anyways, paid the $20 + $2 penalty and called it a day. Nothing has changed on the land since I bought it, but got the property tax bill for 2022 today, and it jumped up to $1750. I kind of suspect that since the county knows how much I paid for the land, that is now the new value and it is what it is, but just wanted to check if this is normal and expected? Kind of sucks going from $20 to $1750....only thing that changed is the name on the title.