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Friday, July 8, 2005

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Property Taxes... Movin' on Up

 Buying one of these seaside homes in the San Fran

Soaring home prices might make homeowners happy, but higher property taxes are the flip side of a booming real estate market. In the last five years, property taxes have jumped 18 percent. Fortune Magazine's Jon Birger gives Kai a tax trimming solution.

Buying one of these seaside homes in the San Francisco bay area will land you with sky-high property taxes. (Photo: Justin Sullivan/ (c) Getty Images)

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