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  #1  
Old 09/24/12, 07:01 AM
 
Join Date: Jun 2005
Location: NW Georgia
Posts: 7,205
Property Taxes

I've seen lots of references to property taxes on HT lately, especially as it relates to "busting the budget". I pay about $2,000 per year for 34 acres with two homes and three or four barns/outbuildings. It was over $5,000 per year until I placed the farm in an agricultural covenent for ten years, which means I cannot sell it or develop it for non-ag purposes (but I don't want to do that anyway). We also pay a penny or two in local sales taxes to support local services. Property owners who live on their land can get 1/2 of the school taxes waived at age 65 and the other half waived at age 70.

What are the local taxes like where you live?
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  #2  
Old 09/24/12, 09:41 AM
 
Join Date: Jan 2009
Location: New York
Posts: 1,656
Town & County taxes ran just over $1400; school taxes ran just under $1400. NYS offers a "star" program that reduces the rate paid; without it I would have had paid more...... and that's on +57 acres, ranch style home and 2 pole barns.

Local sales tax is 8.25%
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  #3  
Old 09/24/12, 11:58 AM
 
Join Date: Sep 2005
Location: EastTN: Former State of Franklin
Posts: 4,482
Property taxes here run about 1200/yr on house and 70acres.

Sales tax is 9.75%
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  #4  
Old 09/24/12, 01:51 PM
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Join Date: Sep 2004
Location: Las Vegas, NV
Posts: 33,704
Of course my home is an urban tract home with less than 1/4 acre, but property taxes are very modest. I pay about $350/year right now. That may increase as housing prices recover, but low property taxes is one of the reasons I bought in this part of town.
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  #5  
Old 09/24/12, 06:23 PM
newfieannie
 
Join Date: Dec 2006
Location: nova scotia
Posts: 5,635
i pay about 1100 for the 8 or so acres i have in the country with a mobile. in the city i pay around 5000. not much land. ~Georgia.
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  #6  
Old 09/24/12, 06:31 PM
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Join Date: Apr 2002
Location: Beautiful SW Mountains of Virginia
Posts: 9,512
On $120,000 piece of property with a little over 1 acre, our taxes are $102.
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  #7  
Old 09/24/12, 08:50 PM
 
Join Date: May 2010
Posts: 3,418
We live on five acres in the country. Our property taxes are right at two thousand a year here in central Indiana.
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  #8  
Old 09/24/12, 09:55 PM
 
Join Date: Mar 2012
Location: Michigan thumb
Posts: 149
13.5 acres and about $1100.00 year in Michigan.
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  #9  
Old 09/24/12, 10:01 PM
 
Join Date: Oct 2008
Location: Mass. and wanting to transplant
Posts: 1,261
I was really glad I didn't buy the two waterfront lots next to my parents in Maine back in 1975 for $ 1800.00 . When they told Me last week the little town ( with NO Services ) is now taxing all waterfront lots at $3400. EACH
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( Non of the year round residents objected to the new tax rate increase ?? )
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  #10  
Old 09/25/12, 01:04 PM
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Join Date: Apr 2002
Location: Beautiful SW Mountains of Virginia
Posts: 9,512
Our best friends here have a 200 acre cattle and alfalfa farm. With their 'farm exemption' for our county, they only pay $1,000 taxes yearly on a $1.2 million county appraisal value.

I think people around here would jump out a window at some these property taxes you guys have..lol.

Sometimes I wish we didn't live so rural and had doctors and stores closer. But your guys have given me reason to count my blessings and remind people here when they complain because our taxes just went up a tad.
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  #11  
Old 09/26/12, 10:41 PM
Volvo With a Gun Rack
 
Join Date: Apr 2007
Location: Texas and Missouri
Posts: 2,513
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!
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  #12  
Old 09/26/12, 10:57 PM
 
Join Date: Sep 2010
Posts: 2,215
We pay around $2,000 a year on 4.75 acres with a house, feed store, 3 barns and a garage.

The folks who lived here before us paid $500 a year taxes, but it was in the family for 4 generations. Now that they have a chance to up the taxes and "get it even with the rest of the evaluations" they're doing it! Just wish they'd notice the property values went down by 1/3rd since we moved in!
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  #13  
Old 09/27/12, 07:57 AM
 
Join Date: Oct 2005
Posts: 4,230
40 Acres, house, barns, etc 700 per year
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  #14  
Old 09/27/12, 08:03 AM
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Join Date: Jan 2004
Location: Nebraska~ transplanted from South Texas
Posts: 3,669
On my parents house and 2 acres in Texas , we are paying 2900.00 a year. On the 25 acres with 2 houses we are buying in Nebraska, 945.00 per year.
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  #15  
Old 09/27/12, 02:56 PM
 
Join Date: Jul 2010
Location: Amish Paradise
Posts: 85
Our small, three-ish bedroom house on three acres costs us $3,000 a year in taxes. Our state sales tax has been 6% since I was a kid, and that was a long time ago.
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  #16  
Old 10/08/12, 07:13 AM
 
Join Date: Nov 2004
Location: SW Missouri
Posts: 64
Down here west of Springfield, Mo. we are paying 230 hard earned dollars for 1.9 acres with a manufactured home.
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  #17  
Old 10/08/12, 07:48 PM
 
Join Date: Jun 2010
Location: W. Oregon
Posts: 8,754
Small city lot and cottage, $178.92. No sales tax. Off grid cabin and 1 acre, $146.38....James
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  #18  
Old 10/10/12, 03:30 PM
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Join Date: Dec 2006
Location: Oregon
Posts: 3,057
In Oregon I have a little over 1/3 acre and a 40 year old mobile home - property taxes last year were $1200!!!
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  #19  
Old 10/10/12, 07:11 PM
 
Join Date: Jul 2009
Location: nebraska
Posts: 1,586
400 acres, 100 years old house and 4 barns and shop. half farm ground half pasture $3800. In Nebraska valuation and tax rate will vary by county and school district.
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  #20  
Old 10/22/12, 07:34 PM
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Join Date: Sep 2008
Location: MI
Posts: 364
MI: 5 acres, 3br/2b house built in 98. several small outbuildings, 30 x 40 and 60 x 80 barns, on UNmaintained dirt rd...$3800.
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