Your property taxes went up $200/month in two years? How did this happen? The math doesn’t add-up unless you’re renting out a multi-million dollar property, or your initial property tax impound account was calculated / set-up incorrectly (i.e. based on tax liability before the property value was reassessed to new purchase value).
Under either scenario the increase shouldn’t have come as a surprise to you. Also, I thought you could increase the rent by more than 10%, but it would require a 60 day (rather than 30 day) notice to your tenant. I’ve never raised rent by more than 2.5% (I prefer small annual increases), so I’ve never really looked into this until now (quick google search)…
