Landlords: Rent could go up because of CATS tax
BATON ROUGE - Due to rising property taxes, landlords that own property in the city limits may pass those costs onto renters.
On a $100,000 property, owners will pay an additional $106 a year in property taxes which could send rent up just as high.
Tonight on News 2 at 6pm, some property owners are deciding to increase rent or eat the cost. Some said the may have to in order to stay competitive in the ever-changing renal market.