Vaclav
Bronze Baronet of the Realm
- 12,650
- 877
Hah really? That's where she evacuated to. Arlington specifically. If Boston is that bad, I wonder how horrendous Cali was.
HELOC Appraisal Issue - They say I have 1 Bathroom, but I have 2
- Thread starter Gorillaz_sl
- Start date
stupidmonkey
Not Smrt
- 1,713
- 3,719
Palo Alto, San Fran area? 2.5 Million for my 134K 1700 Sq ft. 3bed/2bath here in Phoenix.
Palum
what Suineg set it to
- 23,595
- 34,111
Do you actually live in Phoenix proper? I am paying peanuts on my cottage. It's like 800/yr lol.
Vaclav
Bronze Baronet of the Realm
- 12,650
- 877
stupidmonkey
Not Smrt
- 1,713
- 3,719
stupidmonkey
Not Smrt
- 1,713
- 3,719
Falstaff
Ahn'Qiraj Raider
- 8,313
- 3,169
Suburb of Chicago, still in Cook County, paid $220k for my house, pay $4k in taxes. 3br, 2bath, about 1300 sq feet.
Those taxes are cheap because I live in "unincorporated" Cook County, which means that I pay a little more for water and my police is not the town police but the cook county sheriff. If I wasn't considered unincorporated I'd probably pay close to 5k.
Cad
I'm With HER ♀
- 24,496
- 45,437
Not only that but it caps the assessment increase at 3% per year. So if values go crazy again, which is very likely since FL is a popular place to end up, your actual tax bill can only go up by 3% assuming the mileage rates stay the same which they usually do in high growth areas.
In addition, there is even portability of the lower assessment if you move and qualify.
In addition, there is even portability of the lower assessment if you move and qualify.
Vaclav
Bronze Baronet of the Realm
- 12,650
- 877
/whistles quietly - happy in new knowledge I was unaware of that makes me happy to have picked here to control costs. (Other benefits are awesome too - but being fixed income besides investments - it's good to keep stuff from being able to flux too much)
AladainAF
Best Rabbit
- 12,867
- 30,828
So my actual house is much more than 200k, but the rentals are not. Homestead exemptions vary based on where you live - you can see where I live they offer MASSIVE exemptions. My tax bill is super small given the value of my house. Anyone in Texas will tell you that
Here's my tax bills for you, one of my rentals has Homestead on it, but it shouldn't (already fixed but not online) and two of my other rentals are in another county and don't display as nice so they aren't listed here but the rates are a little higher (around 2.6% and 2.9%).
Vinen
God is dead
- 2,783
- 490
Void
Experiencer
- 9,458
- 11,146
California is not as bad as people think when it comes to property taxes, by their definition at least. Where you tend to get screwed is that the value of the property is so much higher (like that 2.5 mil vs. 140k comparison) so obviously you are paying a lot more from that perspective, but if you owned a 2.5 mil home in both states, California would likely be considerably less.
Article with a link to a study:How California - LA Times
Article with a link to a study:How California - LA Times
AladainAF
Best Rabbit
- 12,867
- 30,828
Very true, but a large part of that is simply that Texas has no state income tax, so it tends to make up for it by other means (such as 6.25% sales tax and their property tax). What I do like about the property tax system like Texas', is that it is (in theory) the primary (and in some cases only) way your local entities get funded - and those that live there are the ones that pay for it (rightfully).
Sadly, shit likeRobin Hoodscrews all that up.
Sadly, shit likeRobin Hoodscrews all that up.
Pasteton
Blackwing Lair Raider
- 2,609
- 1,722
You guys should check out sf.curbed.com if you want to just have your mind get repeatedly blown from the pricing around here. Managing to buy a place for under 1000$/sq ft is a major victory. And then you have neighborhoods like pacific heights where condos routinely go for 4000$/sq ft.
Do both of your bathrooms have showers or tubs? If one does not have those things it is not considered a full bathroom. kinda like a bedroom has to have a closet.