Why do I need to provide my income information?

In order to accurately and uniformly assess income properties, we need this data to establish what actual market rents in a particular area are and determine any trends as time goes by. Per IC 6-1.1-35-9, any information pertaining to income and expenses is constitutionally protected and will remain confidential. In order to maintain accurate property information, we will be unable to price any new rental properties with the income approach without signed verification from the owner or a copy of the current lease.

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1. My property is assessed as a rental and the value continues to increase. Why?
2. How do I get a rental deduction?
3. What is a GRM?
4. Why do I need to provide my income information?
5. I feel the value is too high. What can I do?
6. I purchased a property for a family member to live in, and they do not pay rent. Does my property qualify?
7. Why are there different GRM’s throughout the county?