Property Taxes

Jaclynne · #41 11/13/12, 02:03 PM

5 acres and a 1962 rancher, taxes are $1050 per yr w/ homestead and disability exemptions. This property is out in no where land.

katydidagain · #42 11/14/12, 08:26 PM

Teeny house I bought today has taxes of $98 annually on assessed value of $12,500; I paid $2500. Even with a new roof and furnace, I won't get up to assessed value next year.

BFFhiredman · #43 11/15/12, 10:05 AM

Quote:

Originally Posted by ET1 SS

Wow

2X so you pay $3990/year !

Nope, $1995 twice a year.

Annsni · #44 11/15/12, 11:10 AM

Quote:

Originally Posted by BFFhiredman

Nope, $1995 twice a year.

Which is equal to $3990 a year like they said.

where I want to · #45 11/15/12, 01:00 PM

Annsni- what do you get for those taxes? Do they give you at least trash pickup, water, fire protection, etc?

Annsni · #46 11/15/12, 01:05 PM

Quote:

Originally Posted by where I want to

Annsni- what do you get for those taxes? Do they give you at least trash pickup, water, fire protection, etc?

Trash pickup, plowing and general road maintenance, local police, volunteer fire department. Water is separate and we have a cesspool so no sewers. We just had the village come to pick up the debris from a 70 foot pine that fell in our backyard. We had put it out by the street and they came with their trucks, picked up all of it and took it away. Our taxes also include school taxes (I think $7700 last I saw). We're on Long Island.

where I want to · #47 11/15/12, 01:10 PM

I don't know why I thought that you might get gold plated services for that. I pay a sixth of that and the only difference is that I don't get police or trash pick up. The co sheriff covers but they are far far away.
The salaries of goverment employees must be out of sight high.

houndlover · #48 11/15/12, 01:13 PM

3100 on 25 acres (5 tax lots), 2 houses, barn, shop. Local taxes pay for county services ( county road work, police, fire, community college, schools, county services) live outside city so no city taxes. Some breaks for 3 lots in timber deferral. Oregon has income tax, no sales tax, gas tax for roads. The county I live in pays 1/2 the rate that a similar property would be in the Portland metro area (multnomah or washington counties). For comparison, Washington has no income tax, but has sales tax, high property tax, vehicle tax, gas tax, and local city taxes. We all get taxed, it's just the way it's structured.

Annsni · #49 11/15/12, 01:25 PM

Quote:

Originally Posted by where I want to

I don't know why I thought that you might get gold plated services for that. I pay a sixth of that and the only difference is that I don't get police or trash pick up. The co sheriff covers but they are far far away.
The salaries of goverment employees must be out of sight high.

Our property values are pretty high (I'd guess we could get in the $800,000 range for our home - totally didn't pay that - we've been here 21 years) so I wonder if that factors in. We also have superintendents of the school districts who make half million dollar salaries (which ticks me off). I have to say though, our police force is great. But still, it chokes us each year to have to pay that. I try to put money aside each month but we often end up using our tax return to help pay the taxes and this year I think it will be the same.

Mutti · #50 11/18/12, 10:28 AM

Jus paid our bill...$321.84...yes,that's right!! This is for 120 acres,all well fenced. Three ponds. 80 acres of that marketable timber which we harvest selectively. Century old farm house all remodeled. Two barns. 1 mile from county paved road. And best of all, no building codes or snoopy inspectors. We can heat with outdoor boiler without restrictions. But we are in the Ozarks and not near any big city where the taxes have soared for all those McMansion's. We are still near quality medical care.

Taxes were a major reason we moved here. In MI we paid over $2000 year for 20 acres on dirt road. Wasn't bad until our stupid township wouldn't vote to fund school buses and we had to drive our kids to school...80 miles a day. Moved here for better homeschooling laws actually

Common Tator · #51 11/19/12, 09:11 PM

Quote:

Originally Posted by acabin42

Because my DH is now 65, our property taxes have gone from $234 to $27 for 7 acres. That is something we can handle without problems....thank goodness.

What state do you live in? Isn't the purpose of this thread to figure out which states have the most favorable tax rates? You don't list your location in your profile.

Hubby and I are seriously looking at relocating since the residents of Taxifornia elected a super majority of tax and spenders. More info please!

Common Tator · #52 11/19/12, 09:26 PM

In California we have prop 13 that was passed by property owners to protect against high property taxes, but the tax and spenders were elected to a super majority in the Assembly, and they have sworn to abilish Prop 13. With the passage of prop 30 in our recent election, we took the number one highest taxation spot in the nation. And we have nothing but higher taxation and more businesses being driven from the state by high taxes and more regulation. Lots of Californians will be fleeing the state.

TxMex · #53 11/20/12, 08:48 AM

Quote:

Originally Posted by tarbe

In Missouri I am paying about $38 per $100k valuation.

In Texas I am paying about $2,800 per $100k valuation.

Of course, there are no income taxes in Texas and my location in Texas has lots of "overhead" that Ozark County does not. Heck, I am 3.5 miles back in on a gravel road in MO.

I am looking forward to selling the elephant in Texas!

Let me know if you'd like to do some swapping for my place in Arkansas. I'm trying to accumulate more land in Texas.

On my place in Arkansas....Nice 2bedroom house, shop building, storage building, large tornado shelter, pond, seasonal creek on a paved road on 7 acres.....$175 per year in taxes

On 350 acres in Texas....right at $3,000 in taxes.

ET1 SS · #54 11/20/12, 10:47 AM

Quote:

Originally Posted by TxMex

Let me know if you'd like to do some swapping for my place in Arkansas. I'm trying to accumulate more land in Texas.

On my place in Arkansas....Nice 2bedroom house, shop building, storage building, large tornado shelter, pond, seasonal creek on a paved road on 7 acres.....$175 per year in taxes

On 350 acres in Texas....right at $3,000 in taxes.

If we assume that your 7 acres in Ark are likely taxed around $1/acre, then your structures are taxed around $168. Which sounds very reasonable, and compares to where I live.

You 350 acres in Tx are charged around $8/acre. Which to me does sounds very high.

I assume there are other benefits to Tx that lead you to wanting more land there.

Kmac15 · #55 11/20/12, 01:40 PM

15 acres with a double wide and pole barn cost us about $260 a year.

Alex · #56 11/21/12, 10:17 AM

Hi,

On 1/4 Section, 160 acres, in Northern BC we pay $400/ year.

At our city, Vancouver, Condominium taxes would be $2,500/ year. However, we pay $0 since Vancouver, British Columbia, Canada have a plan which will allow anyone over 60 to differ taxes until sale or death. And pay less than 2% interest which is also deferred.

How about that: isn't Canada great? USA is great too. So are most places now that I think about it.

Alex

TxMex · #57 11/23/12, 08:56 PM

Quote:

Originally Posted by ET1 SS

If we assume that your 7 acres in Ark are likely taxed around $1/acre, then your structures are taxed around $168. Which sounds very reasonable, and compares to where I live.

You 350 acres in Tx are charged around $8/acre. Which to me does sounds very high.

I assume there are other benefits to Tx that lead you to wanting more land there.

Yep. I miss being around fellow Texans. As a general rule they have some common sense and have a similar outlook on life and personal armament

TxMex · #58 11/23/12, 08:58 PM

Quote:

Originally Posted by Alex

At our city, Vancouver, Condominium taxes would be $2,500/ year. However, we pay $0 since Vancouver, British Columbia, Canada have a plan which will allow anyone over 60 to differ taxes until sale or death. And pay less than 2% interest which is also deferred.

So your kids get stuck with your back taxes?

Haven · #59 11/24/12, 11:47 AM

Quote:

Originally Posted by CherieOH

I think real estate taxes are pretty bad all over in OH, but some counties and townships are worse than others. I would love to move nearer my daughter in the next county south, but taxes there are quadruple what they are here (we pay $800 for a $60,000 home on a small town lot). Land is taxed cheaply here (especially if zoned agricultural), but homes/buildings are taxed heavily. If you want to make improvements on your home here, prepare to pay for it in higher taxes forever. I hate that! Also, the nearer you are to a large metropolitan area, the higher the taxes. We are about 50 miles away from the big city, while our daughter is only 25 miles away, which could explain the higher taxes there. But her's is a rural county with no towns to speak of and therefore few taxpayers to support the county. Services are minimal there and a bridge is out on every other road and will stay that way. Not much traffic because of it though. Just peace and quiet. Yep, wish I could afford to move there.

My mother's boyfriend pays around 8k per year in NE Ohio for an averaged sized newer construction home in a cramped development with a sliver of a yard. Pure craziness. I had to ask her 4 times "are you suuure he pays that much?" The closer you get to the freeway and better jobs, the more the taxes skyrocket.

I am one county away and sold off some land and got down to about 7 acres. Paying almost 4k.

They haven't discovered the new brick 4 car garage yet, unfortunately Google just updated their satellite images after it was built. The tax man in the sky will be looking down soon.

Haven · #60 11/24/12, 11:52 AM

Quote:

Originally Posted by Mutti

Taxes were a major reason we moved here. In MI we paid over $2000 year for 20 acres on dirt road. Wasn't bad until our stupid township wouldn't vote to fund school buses and we had to drive our kids to school...80 miles a day. Moved here for better homeschooling laws actually

I had horrible tax issues in MI. Each year they somehow managed to add on pole barns and other imaginary construction projects that never existed. They must of had people sitting there manually adding these things on to people's properties to inflate taxes. It was unbelievable how we had to go in and fight with them to get the stuff they would add on, taken off.