ON my ranch in Gainesville, I called it a ranch, even though it was only 10 acres, I paid 250$ a year,
Now I have two properties here that are tax free until I build,and then no matter the size house, which for now we only plan a 4k sq ft home the tax will be about 180$ a year,.
ON my ranch in Gainesville, I called it a ranch, even though it was only 10 acres, I paid 250$ a year,
Now I have two properties here that are tax free until I build,and then no matter the size house, which for now we only plan a 4k sq ft home the tax will be about 180$ a year,.
How? Do you get tax breaks because you are a Native Indian or something?
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My taxes on my current house is only about $7k. They just built some new homes up the block and the taxes are fucking crazy. we looked at one and the house was only about $600k but the taxes were $12-18K a year. that's fucking sick ..
I pay $500 a year currently, and I am about to close the deal on another property in the neighborhood that will be about the same. When all is done I will owe about $1k/year.
About 3K. Which is really fucking ridiculous considering the state I live in.
Louisiana is so fucked up that it really pisses me off to have to give them that much money.
I grew up in Florida where the govt was much better, much more efficient, and there was no state income tax and low property taxes.
Here I pay more and get less, it sucks.
We're taxed over 40% on our income so please stop with the "You guys get free health care". Damn that makes me laugh.
But I got to agree, must suck having Bush as a leader
I'm not sure what the overall tax system is like up there, but here in the top brackets you pay 35% income tax, plus social security and medicare tax (15.3% if you're self employed), plus property tax if you own property, state income tax, and sales tax.
That AND we have to pay outrageous prices for health care.
Having said all that, I still wouldn't want to live anywhere but the U.S., but I wish our leaders would get out of the pockets of the HMO's and give us an affordable and efficient health care system where everyone is covered.
About $4k here. Chicago is pretty crappy with property tax, and a hold on raising it was lifted this year. So I could be looking at huge numbers. A doctor's office next door just got hit with a $35,000 a year tax bill. He has to close up shop and is going to tear down the building so it gets zoned and taxed differently.
My parents bought their first house in Orlando for not much more than that. (Granted that was in 1977 but still)
It does make me sick...but not as sick as when I saw my Homeowners insurance nearly quadruple in 3 years. Florida homeowners are getting bent over on those two things alone. For alot of homeowners, their property taxes and insurance bill is higher than their mortgage payments every year. Just sick
I'm not sure what the overall tax system is like up there, but here in the top brackets you pay 35% income tax, plus social security and medicare tax (15.3% if you're self employed), plus property tax if you own property, state income tax, and sales tax.
That AND we have to pay outrageous prices for health care.
Having said all that, I still wouldn't want to live anywhere but the U.S., but I wish our leaders would get out of the pockets of the HMO's and give us an affordable and efficient health care system where everyone is covered.
Good point, although the self employment tax only goes up till $90k of your income I believe. States are a crapshoot with high taxes in places like Illinois, but zero in Florida.
But when you add up our sales taxes, the ridiculous taxes they put on gas/alcohol/cigs/etc, state/federal, and property, we're up there pretty high.
If you make little income though, the US is the best. I believe 40% of the country doesn't pay in anything in income tax, and the top 5% of taxpayers cover over 90% of the income tax paid in.
Roughly $2016 yearly. It's not a huge house, but even at $2016 it's way to much for this house. It will be more very soon though as soon as the inspectors check out the work that was done to the basement. extra bathroom, bedroom and living room were added in the basement. So that will increase the taxes.
Florida is hopefully going to do something about our taxes this year. I paid just under $10,000 for last year.
my biggest problem is if I sell my house for $500K and buy another in the same price range here my property tax will double to $10K a year so I can't really sell.
good thing i love the house - room to grow with reno and such
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You get taxed on property!? How does that work - the increase in value?
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my biggest problem is if I sell my house for $500K and buy another in the same price range here my property tax will double to $10K a year so I can't really sell.
good thing i love the house - room to grow with reno and such
So do they go by what the selling price is? Here they are pretty good about keeping tax values down. Mine are lower than what I've paid for every property except for 2. I've fought every time they've tried to raise any of mine and so far have at least gotten them to lower the value SOME.
One friend of mine paid approx $300K for property, then built several structures on it, totalling over $1mil. He had to get permits from the county, so they knew exactly what he was doing, but they were too lazy to send anyone out for several years so he kept paying on the $300K valuation Once they finally got it figured it I think it was around $1.5mil but they couldn't get him for the previous years since they were the ones that screwed up
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