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» Property Taxes are Theft: Fuk my life
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post 1453478443 07-19-2016, 11:03 AM
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Property Taxes are Theft: Fuk my life

I found a small starter home next to my alma mater:

3 BR
1 Bath
Detached Garage
$125,000

I could walk to a bank and get a loan right now with a great down payment, but the butt of the joke is that the yearly property tax in Connecticut is almost $10,000 for this city.

Fuk this gay earth.
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post 1453478693 07-19-2016, 11:04 AM
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land of the free
Subscribe for extra premium content (no noodz sorry guys)
post 1453478803 07-19-2016, 11:05 AM
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The bigger joke is HOA dues lmao. property I guess I can understand...since they are taxing us for having established this country and property for us to live on basically.

But HOA dues? wtf. they don't do sht but put restrictions on what you can/can't do where you live, AND they make you pay money for it. just lol. Hope i never had to live under an HOA...but unlikely
"So t
post 1453479023 07-19-2016, 11:06 AM
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Go door-to-door asking for money in Greenwich

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post 1453479243 07-19-2016, 11:08 AM
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Originally Posted By Zackad
The bigger joke is HOA dues lmao. property I guess I can understand...since they are taxing us for having established this country and property for us to live on basically.

But HOA dues? wtf. they don't do sht but put restrictions on what you can/can't do where you live, AND they make you pay money for it. just lol. Hope i never had to live under an HOA...but unlikely
I havent seen those in my area, dont have to deal with them. Guess condo fees are similar but HOA's are garbage.
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post 1453479423 07-19-2016, 11:09 AM
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buy house
pay tax on house you own

what
post 1453479443 07-19-2016, 11:09 AM
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#7
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All taxation is theft/extortion.

post 1453479563 07-19-2016, 11:09 AM
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#8
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Originally Posted By Aesthetical
I found a small starter home next to my alma mater:

3 BR
1 Bath
Detached Garage
$125,000

I could walk to a bank and get a loan right now with a great down payment, but the butt of the joke is that the yearly property tax in Connecticut is almost $10,000 for this city.

Fuk this gay earth.
Think about it like this. In 12 years you will have bought the house again. From your City. Over the life of a 30 year mortgage you'll have paid off the $125,000 principal. But you'll have paid $300,000 in property taxes and bought the house 2.5 more times from the government. By the time you add in interest, your $125,000 house will run you about $600,000.

such fair. so free. much service.
post 1453479703 07-19-2016, 11:10 AM
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#9
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Originally Posted By Retoaded
Think about it like this. In 12 years you will have bought the house again. From your City. Over the life of a 30 year mortgage you'll have paid off the $125,000 principal. But you'll have paid $300,000 in property taxes and bought the house 2.5 more times from the government. By the time you add in interest, your $125,000 house will run you about $600,000.

such fair. so free. much service.
I was typing all that math and I felt like punching the screen so I x'd out lol.

Repped.
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post 1453479973 07-19-2016, 11:11 AM
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Perhaps you should move to a more conservative state. Here (NC), taxes for a $125K home cost ~$700/year. And a $125K home here is probably a lot nicer than a $125K home there
post 1453480193 07-19-2016, 11:12 AM
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lol why are taxes that high in a place no one would really want to live?

Come down to atlanta, taxes in my $400k 5bed 3 bath house is about $3k a year. Weather is nicer too.

hell my dads beach houses in SC are under $20k a year and those houses are worth over $1.5 mil.
post 1453481053 07-19-2016, 11:18 AM
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#12
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Originally Posted By EnderG60
lol why are taxes that high in a place no one would really want to live?

Come down to atlanta, taxes in my $400k 5bed 3 bath house is about $3k a year. Weather is nicer too.

hell my dads beach houses in SC are under $20k a year and those houses are worth over $1.5 mil.
I live in SC. They get you here on rental property. Our 1,400 SF starter home rental property has the same property taxes as our 4,200 SF primary home.
post 1453481173 07-19-2016, 11:19 AM
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#13
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Originally Posted By Aesthetical
I found a small starter home next to my alma mater:

3 BR
1 Bath
Detached Garage
$125,000

I could walk to a bank and get a loan right now with a great down payment, but the butt of the joke is that the yearly property tax in Connecticut is almost $10,000 for this city.

Fuk this gay earth.
Liberal states of peace. Meanwhile, my townhome cost $325,000 in California but my prop taxes are $3800 and only go up a maximum of 2% per year.
post 1453481223 07-19-2016, 11:19 AM
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#14
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All taxes are theft.
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post 1453481383 07-19-2016, 11:20 AM
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As a CT brah I feel your pain. My suggestion to you is to look for a different city... only city I know where the mill rate is nearly that high is Hartford. Look at surrounding towns, many have much better rates. CT is screwed though... Also you might be lucky and have the house appraised at lower than 125k making your taxes less.

Shelton is a pretty good town and taxes are amongst the lowest in CT.
post 1453481773 07-19-2016, 11:22 AM
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#16
  1. Aesthetical
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Originally Posted By scrapbrah
As a CT brah I feel your pain. My suggestion to you is to look for a different city... only city I know where the mill rate is nearly that high is Hartford. Look at surrounding towns, many have much better rates. CT is screwed though... Also you might be lucky and have the house appraised at lower than 125k making your taxes less.

Shelton is a pretty good town and taxes are amongst the lowest in CT.
Shelton isnt too bad, but im stuck in fairfield county so fuk.
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post 1453482003 07-19-2016, 11:24 AM
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Originally Posted By Aesthetical
Shelton isnt too bad, but im stuck in fairfield county so fuk.
I live in Stratford, town is decent but houses are way overvalued and taxes have gotten alot worse in the past few years. Take a trip up route 8 and the prices go down though, only way to avoid it without living in Bridgeport.
post 1453482213 07-19-2016, 11:25 AM
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https://smartasset.com/taxes/connect...tor#TzOoo2T2C7

According to that calculator it will be around $2400
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post 1453482293 07-19-2016, 11:26 AM
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Don't ****ing tread on me reeeeee















post 1453482383 07-19-2016, 11:26 AM
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cot dayum that's crazy. I just sold my home in central Pa for $162,000 and was paying $1,600 per year. Built a new home in a different school district and now they are $4,500 per year. I flipped my chit at that amount.
post 1453482543 07-19-2016, 11:27 AM
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#21
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Originally Posted By sices
https://smartasset.com/taxes/connect...tor#TzOoo2T2C7

According to that calculator it will be around $2400
Farce

Nobody is touching the house because the price great but the taxes are fukt. The agent selling it cant even give a spin good enough to deflect the actual property tax.
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post 1453482553 07-19-2016, 11:27 AM
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They're outrageous here in Crook County too. Thanks libs!
post 1453482673 07-19-2016, 11:28 AM
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You'r a fkin white male... oh wait nvm.
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post 1453482873 07-19-2016, 11:30 AM
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lol at owning and paying thousands of dollars a year on taxes on top of your high mortgages and home maintenance costs. BRB renting, brb no taxes, no maintenance, brb I don't even own a lawn mower, a rake, a shovel or a gas can. brb wake up this morning and saw a tradie mowing my grass for me as I left for the office. Feels good man
post 1453482923 07-19-2016, 11:30 AM
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Originally Posted By InstantLoser
All taxes are theft.
this.

wish I could opt out like the rich can and do.
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post 1453483063 07-19-2016, 11:31 AM
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Originally Posted By EboBebo
Liberal states of peace. Meanwhile, my townhome cost $325,000 in California but my prop taxes are $3800 and only go up a maximum of 2% per year.
Yeah, I'm confused. $10k in taxes? Everyone bitches about California, but my $240,000 house is about $2,200 in property taxes a year.
post 1453483563 07-19-2016, 11:34 AM
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Originally Posted By Aesthetical
I havent seen those in my area, dont have to deal with them. Guess condo fees are similar but HOA's are garbage.
yeah condo fees are pretty much the same as HOA.

if you're really lucky, you can move into a condo in the right area and pay condo + HOA fees.

if you're especially lucky like one of my clients last week, you can pay condo + 2 different HOA fees. lmao like wtf
"So t
post 1453483603 07-19-2016, 11:34 AM
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Originally Posted By nick753
lol at owning and paying thousands of dollars a year on taxes on top of your high mortgages and home maintenance costs. BRB renting, brb no taxes, no maintenance, brb I don't even own a lawn mower, a rake, a shovel or a gas can. brb wake up this morning and saw a tradie mowing my grass for me as I left for the office. Feels good man
notsureifsrs.jpg
post 1453484003 07-19-2016, 11:37 AM
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Originally Posted By Dan_S
Yeah, I'm confused. $10k in taxes? Everyone bitches about California, but my $240,000 house is about $2,200 in property taxes a year.
I guess that explains why California is always bankrupt...
One of these days I'm going to cut you into little pieces
post 1453487173 07-19-2016, 11:59 AM
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you in Bridgeport OP?
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