This week, business and property owners across Jackson County were shocked when they received their 2025 commercial property tax assessments.
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Jackson County has reclassified short-term rentals as commercial property. This means some property owners are surprised to see a significant increase in the amount they will pay in taxes this year.
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Commercial real estate — non-residential properties for industrial or business purposes — can be productive, wealth-generating assets for those with the means and knowledge to support the investment.
Dealmakers like Barry Sternlicht of Starwood Capital say 2025 has been a bust for sales of hotels, warehouses, and other commercial real estate.