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How do you pay your property taxes?

Discussion in 'Polls Forum' started by Alcott, Jan 11, 2008.

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How do you pay your property taxes?

  1. By a lump sum annually, usually all from my bank account(s)

    6 vote(s)
    27.3%

  2. By a lump sum annually, usually with some or all from the sale of securities

    1 vote(s)
    4.5%

  3. By a lump sum annually, usually with some or all from sale of other assets

    0 vote(s)
    0.0%

  4. By a lump sum annually, usually with some or all of the money borrowed

    0 vote(s)
    0.0%

  5. By monthly payments (isolated)

    1 vote(s)
    4.5%

  6. By monthly payments included with my loan and insurance payments

    11 vote(s)
    50.0%

  7. By a few monthly payments leading up the due date

    1 vote(s)
    4.5%

  8. I pay them only indirectly through my rent

    2 vote(s)
    9.1%

  9. I have no property taxes

    0 vote(s)
    0.0%
Top Posters
  1. Alcott

    Alcott Well-Known Member
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    A recent poll asked what we pay for property taxes, but this one asks how we pay them.
     
    #1 Alcott, Jan 11, 2008
  2. webdog

    webdog Active Member
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    I voted for #1, even though ours is paid semi-annually.
     
    #2 webdog, Jan 11, 2008
  3. annsni

    annsni Well-Known Member
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    We're kind of like Webdog in that we pay it twice a year - although ours is January 10th and May 30th. I take an amount out of our paycheck each month and put that into an ING account - then transfer it about a week before I pay the taxes. I just actually paid the first payment yesterday! GULP!!
     
    #3 annsni, Jan 11, 2008
  4. JamieinNH

    JamieinNH New Member

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    I picked: I pay them only indirectly through my rent

    Even thought it's not rent, it's my mortgage I am paying. I have an escrow account setup with my mortgage company where they pay my taxes semi-annually. It's easier for me to pay one bill each month and then have enough to cover taxes and insurance without a thought.

    Jamie
     
    #4 JamieinNH, Jan 11, 2008
  5. menageriekeeper

    menageriekeeper Active Member

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    I voted "monthly with my loan and insurance" but that only covers the house taxes. Property taxes get paid once a year directly out of my checkbook.

    Ya know, my taxes are less yearly than my house insurance....just a random thought.
     
    #5 menageriekeeper, Jan 11, 2008
  6. JamieinNH

    JamieinNH New Member

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    Opps...

    I missed the "monthly with my loan and insurance" option. :tonofbricks:

    That's the one I would have picked. :)

    Jamie
     
    #6 JamieinNH, Jan 11, 2008
  7. FriendofSpurgeon

    FriendofSpurgeon Well-Known Member
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    Where is the "kicking and screaming" option?
     
    #7 FriendofSpurgeon, Jan 11, 2008
  8. SaggyWoman

    SaggyWoman Active Member

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    Actually, I marked monthly with loan and insurance. I meant, I pay my monthly to my mortgage holder, who then distributes it between principal, interest, and escrow. Out of escrow goes my taxes. Bye bye.
     
    #8 SaggyWoman, Jan 11, 2008
  9. I Am Blessed 24

    I Am Blessed 24 Active Member

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    We pay ours semi-anually in June and September, but we don't have it taken out of the bank account...we take it out.
     
    #9 I Am Blessed 24, Jan 12, 2008
  10. Squire Robertsson

    Squire Robertsson Administrator
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    In California, property taxes are paid semiannually.
     
    #10 Squire Robertsson, Jan 12, 2008
  11. webdog

    webdog Active Member
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    :applause:

    Or "tears flowing" :tear:
     
    #11 webdog, Jan 12, 2008
  12. mcdirector

    mcdirector Active Member

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    We have to pay ours annually. We write a check and take it to some government office downtown.
     
    #12 mcdirector, Jan 12, 2008
  13. Alcott

    Alcott Well-Known Member
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    In Texas, we get our tax 'bills' in September (property appraisal statements earlier in the year), the taxes are due the next January 31. That is the reason the options were 'lump sum annually' with different ways of raising the money to pay it, and 'in the months leading up to the due date,' but not "semi-annually," because I wasn't aware some states (or at least one) do it that way.

    In my own situation, I owe the whole $2290 by the end of theis month, and I wouldn't be able to pay it wihout dropping my main checking account to below the minimum, and there would be a $12 fee for doing that. I sold off 5 stocks which had gone to virtually nothing the last week in Dec., to get the only thing out of them they were worth-- capital losses to knock off 07's income tax. So, to avoid probably 2 monthly bank fees, I would need to sell some of my more profitable holdings, like AT&T or Orbital Sciences, the value of which suddenly went down over $3000. Or else, change banks to one with a lower minimum than $1500. In the meantime, maybe fewer people notice someone is a Scrooge if Christmas has already passed :smilewinkgrin: .
     
    #13 Alcott, Jan 12, 2008
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