Summer tax bill
- Thread starter Rawroots
- Start date
Yep....gotta watch where you call home, even though it may be a good paying job, you gotta consider the other costs/ expenses. I live about 8-20 mikes from a small town, but that small town is expanding quickly. As it expands, so does the taxes !! People don't realize that when a town expands, they claim it brings in more taxes for the community....it does...are own !!! My taxes were 1600 when I built, over time went up to 3400, went down and ask for a full detailed tax appraisel....when they had to give details they couldn't !! Got my taxes rolled back to just under 2800 a year for 5 plus acers of land. Love it here as we have very few restrictions !!
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When we bought our home 15 years ago we paid 150K for it. Taxes are 1% of assessed value. Five years ago the house was assessed at 210K and last year it appraised for $515K, Assessment is usually a year behind appraisal. Can’t wait for next years tax figure.
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Live with my 86 yr old father and he gets it twice. Village, (small town, maybe 6400 people), taxes are usually about $1400. Then the county of course wants their share, so another $1400.
No clue how that's going to change with the crazy rise in home prices here and that his house, once assessed at $69K is now assessed at $144.9K.
No clue how that's going to change with the crazy rise in home prices here and that his house, once assessed at $69K is now assessed at $144.9K.
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Land of the free?!
We have spring and winter taxes. And if they don't get it promptly, they will sell your property out from underneath you.
I can't figure out what I paid a quarter million for since I still have rent.
We have spring and winter taxes. And if they don't get it promptly, they will sell your property out from underneath you.
I can't figure out what I paid a quarter million for since I still have rent.
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In CA we have Prop 13 stopping the Lords from raising our property taxes as high as they want, we still pay A LOT and get diddly squat for it, too busy spending billions on the make believe nonsense.
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It was $700 a year but they just raised our bill because our next door neighbors paid $500k for their place. We both have 40 acres but their house is double the size of ours and both my shed and garage is only have the size of theirs. By the way, we get NO services out here. No police patrols, no maintenance of the dirt roads, nada!
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Threads like this remind me how lucky I am.
I removed myself from the western world many years ago.
Small but modern Bulgarian town. 11 room house, garage outside workshop etc. Roughly a 1000 square yard plot.
My annual property taxes are less than 50 USD.
Admittedly we don't have large a income but we live well, in comparison.
Good luck to all.
I removed myself from the western world many years ago.
Small but modern Bulgarian town. 11 room house, garage outside workshop etc. Roughly a 1000 square yard plot.
My annual property taxes are less than 50 USD.
Admittedly we don't have large a income but we live well, in comparison.
Good luck to all.
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True, but there is a second crucial factor: What OTHER taxes exist, besides property tax?
We lived for a few years in NW WA. The already-high property taxes shot up something like 30% at least two years in a row, with no end in sight. Sometimes places jack up the property taxes when they perceive a bunch of “rich” newcomers in town, so they can pay for long-damaged or neglected infrastructure that the good ol’ boys (or in this case, good ol’ gals, too) didn’t want to dump on their cronies. Meanwhile, sales taxes in the city came to almost 10%. Sounds awful, and it was, but...
The offsetting factor in this area was that there was no state income tax. Good for high-earning younger people but not good for retirees.
Across the state line in OR, the state had an income tax—but no sales tax.
Pick yer combo of poisons.
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One of the many reasons we moved out of the high desert of SoCal was our property tax doubled between 1 years and the next and when you called the sheriff's office to complain about neighbors partying until all hours of the night they wouldn't even come out until more than 3 people called to complain.
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We don't have mountain scenery or ocean front views and our taxes are not cheap....but when compared to what others have...we are doing pretty good !! Local sheriff is very responsive, road maintenence is excellent, we retirees get a decent property tax discount, no state income tax on soc sec, but our electric rates are high, just jumped up by 33% thanks to building a base for EV's. Best part is,I am in the walleye capital of the world, and in my area, we can shoot what ever we want ! Everyone on my road has a gun range !!!
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Summer tax bills can be a bummer. It feels like just when you’re ready to enjoy the sunshine, here comes that tax reminder. I get it; it can be stressful trying to figure everything out. I’ve found that getting some expert help can take a load off. If you're unsure how to handle it, contacting professionals might be the way. I recently checked out The VAT Consultancy, and they seem to have some solid advice for tackling these kinds of issues. They break things down so it’s easier to understand, which is helpful. Just remember, you’re not alone in this. Many of us are in the same boat, and it’s okay to ask for help.
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