Property Taxes8 min read
Indiana's New 2%-Cap Deduction for Rentals and Farmland: 6% Now, 33.4% by 2031
SB1 created a new deduction for Indiana rental and agricultural property: 6% of AV on taxes payable in 2026, stepping up each year to 33.4% for taxes payable in 2031, applied automatically by the auditor.