What do you pay for property tax?

thanks...

Man, who pays 10,000 or more per year in PT?

Can I borrow some money?

 

WOW!

Where do you live...the New Jerusalem?!?

 

Follow the yellow brick road to Upstate, annsi. :thumbs: We have 155 acres of mixed tillage and woods that runs $2800 a year. It was about the same 7 years ago before the house and barns were split off. We don't have any yacht clubs but I'll let you take the paddle boat for a spin around the bass pond. :wavey:

 

Real Estate tax on property.

In NC, we also have a personal property tax. Like on cars

 

Property tax as well as the death tax should be done away with.

 

We pay way too much, but thankfully the tax increase is capped each year and does not reflect the true market value. Otherwise, we couldn't afford to live here -- especially with our insurance costs -- which is way more than our property taxes.

The problem with the current system is that you have neighbors with similar homes paying vastly different amounts in property taxes -- someone may pay $4k, someone $6k and a newcomer, $13k. It's really all over the place. Another problem is that if you want to move - and downsize - you are stuck in your current house because you can't afford the taxes in smaller house.

There is an upcoming election in Florida with changes that should reduce this problem and lower our property taxes -- though not nearly enough. Hopefully, this will pass.

 

This is in western Kentucky where house prices are fairly low. I have a 3BR, 2 bath, 2 car attached garage, 1700 sq ft, about 30 year old, ranch style brick house on a half acre. It is probably worth about 130 K. The taxes last year were $750.

 

Wow; some of those numbers are scary. But, I know God will provide.

I think here in NE Ohio it's among the lowest around, from what I'm hearing; of course, I'm in a city, maybe rural it would be less? Anyway, what one said makes sense - for us, you have to get a permit to anything that changes the outward appearance, but not the inside. So, so turn a bedroom into an office with a breezeway entrace by knocking out part of a wall didn't need a permit, but adding a side door and other stuff on the outside did.

I wonder what the housing bubble starting to burst is doing to property taxes?

Also wondering how Social Security handles it if a pastor is on tht and running a church - maybe I'd be better off as an evangelist. :wavey: raying:

Oh, well, I know He has something for me out there - I feel he's called me to do something, it's just frustrating when it doesn't happen right away. but, I'm sure most of you have been there.