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» whats the deal with property taxes?
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post 1646485143 09-06-2021, 10:06 AM
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whats the deal with property taxes?

looks like every home will also cost you about 10k per year in property taxes, what the hell?
post 1646485183 09-06-2021, 10:07 AM
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thats about the bare minimum in nj around me


straight robbery
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post 1646485553 09-06-2021, 10:16 AM
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because we live in a marxian socialist country
post 1646485593 09-06-2021, 10:18 AM
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Own something yet pay tax on it every year?

love this for them
rumpler of stiltskins

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post 1646486053 09-06-2021, 10:27 AM
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Have to fund the schools so they can afford to purchase the materials needed to teach children Critical Race Theory.
post 1646486063 09-06-2021, 10:28 AM
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Originally Posted By DrugsToGetBig
thats about the bare minimum in nj around me


straight robbery
no way this is sustainable tho? ur telling *everyone* who has a land in ur state paying 10k per year additional fees for a home? thats sooo much money the state gets each year
post 1646486323 09-06-2021, 10:32 AM
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Originally Posted By ImUTI
no way this is sustainable tho? ur telling *everyone* who has a land in ur state paying 10k per year additional fees for a home? thats sooo much money the state gets each year
Then add in 8% sales tax for every purchase you make, plus paying a state income tax. Oh and a fuel tax.

Then all the other municipal and state taxes for a cell phone line, internet, car registration.
post 1646486413 09-06-2021, 10:34 AM
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Tax is theft. It all goes to the corrupt system in the pockets of the rich or help fund their evil plans. But yet people line up to get the jab.
post 1646486853 09-06-2021, 10:41 AM
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That's what happens when we let the government get away with giving endless grants and tax abatements to large corporations.. you get nickeled and dimed to death to make up for what they should be paying.
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post 1646487013 09-06-2021, 10:45 AM
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Just starting to figure out taxes? its not just your property.

You pay taxes on money you make, you pay taxes on money you spend, you pay taxes on money you invest, you pay taxes on money you make on profits, you pay taxes on money you gift and get gifted.. etc..

Took a big risk with your money on the stock market and made a profit? better pay uncle sam! get phukked buddy!

Wanna fence your yard? Get taxed son. Wanna improve you driveway? GET TAXED. PAY THAT LICENSE BOYO

Your whole existence is one big tax
post 1646487203 09-06-2021, 10:49 AM
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Not looking forward to this. Everyone says to stop being a rentcel because you're throwing away $18k a year on rent. But once you factor in HOA and Property taxes, you're still throwing away like $15k+ a year lol.
post 1646487393 09-06-2021, 10:53 AM
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Every house is a bank and town anchor

You're kidding yourself if you think otherwise

Never again

I live in a sh apt now and invest and save more money than ever
post 1646487473 09-06-2021, 10:56 AM
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Originally Posted By Visel
Not looking forward to this. Everyone says to stop being a rentcel because you're throwing away $18k a year on rent. But once you factor in HOA and Property taxes, you're still throwing away like $15k+ a year lol.
Where the hell do you live that property taxes are 15k a year? and rent is only 18k?

My property taxes are 3k a year
post 1646487563 09-06-2021, 10:57 AM
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Originally Posted By ImUTI
looks like every home will also cost you about 10k per year in property taxes, what the hell?
You pay rent for the infrastructure you use to get to your house and live in it.

Think roads and plumbing and sewer and other chit. No big deal

My property tax is more than what I was paying in rent in my apartment
**^^ gone ^^**
post 1646487633 09-06-2021, 10:59 AM
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Originally Posted By nikonD70s
Tax is theft. It all goes to the corrupt system in the pockets of the rich or help fund their evil plans. But yet people line up to get the jab.
Strong correlation (not srs)

Go to school bro
**^^ gone ^^**
post 1646487643 09-06-2021, 10:59 AM
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It should be inverse to value with a child multiplier
The single person in the 500k home uses less services (police, tax payer funded programs) over the single mom in the 300k house with three kids
Each kid is in incredible burden on the public school system.
NJ is 21k per year per student
NY is 25k
CA is 20k
Boston is 23k
etc

The lower value homes are the drain.
That is why if you add apartments or "affordable" housing it is a net negative for the tax base in the community
1 apartment may be 5k in property tax but if they have three kids they cost the town 60k a year + whatever problems they cause
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post 1646487713 09-06-2021, 11:00 AM
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Originally Posted By wasp9166
Every house is a bank and town anchor

You're kidding yourself if you think otherwise

Never again

I live in a sh apt now and invest and save more money than ever
Save save save so you can leave it all back here when you die.

Balance between spending and saving is a must. Use it to improve quality of your life bro
**^^ gone ^^**
post 1646487773 09-06-2021, 11:02 AM
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Live in GA, my property tax is like $2K a year. I still think it's horsechit that half of it goes to the schools. Parents should be directly billed for their kid's schooling letting it come directly out of their "income tax refund".
post 1646487853 09-06-2021, 11:04 AM
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Come to Virginia. We pay taxes on both houses and cars.

Own a business? Yeah, you pay 4% taxes on your desk, chair, computer, and every other business asset every year too.

Meanwhile, Sharkeisha is in front of you at the checkout with EBT/WIC card in hand doing 2 different transactions so she can pay for her Boone's Farm and Miller High Life. No doubt she's going back to her government-funded apartment.

Keep voting blue boyos!
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post 1646487883 09-06-2021, 11:05 AM
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Originally Posted By TryingBB
Strong correlation (not srs)

Go to school bro
Yes cuz going to school teaches u how to make money right

Did u get your booster shot yet?
post 1646488973 09-06-2021, 11:29 AM
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It depends on where you live. I pay $800 per year. My grandmother pays $300 per year for three acres of land in the country.



Move out of an over-priced area if you can't afford it.
post 1646489063 09-06-2021, 11:31 AM
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"Proposal submitted to eliminate property taxes in North Dakota"


https://bismarcktribune.com/news/loc...operty%20taxes.
post 1646489083 09-06-2021, 11:31 AM
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Originally Posted By ImUTI
no way this is sustainable tho? ur telling *everyone* who has a land in ur state paying 10k per year additional fees for a home? thats sooo much money the state gets each year
bro it blows my mind just as much as yours
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post 1646489903 09-06-2021, 11:44 AM
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Originally Posted By Visel
Not looking forward to this. Everyone says to stop being a rentcel because you're throwing away $18k a year on rent. But once you factor in HOA and Property taxes, you're still throwing away like $15k+ a year lol.
You think renters aren't paying the landlord's property taxes? The landlord isn't just eating it. They pass it along to the consumer just like taxes on any other business.
"
post 1646490243 09-06-2021, 11:51 AM
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Originally Posted By JT11RTR
You think renters aren't paying the landlord's property taxes? The landlord isn't just eating it. They pass it along to the consumer just like taxes on any other business.
it depends. If its a renter's market then he will have to eat it.
(these are my opinions i am not a licensed broker by trade)
post 1646490523 09-06-2021, 11:58 AM
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Originally Posted By VegasLifter26
it depends. If its a renter's market then he will have to eat it.
Nope. One way or the other tenant is paying for those expenses. If not, landlords would stop landlording
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post 1646491303 09-06-2021, 12:11 PM
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Depends on the state. Currently pay $2400 a year.

A lot of states make you pay between .5 and .7 of one percent more of the homes “appraised value”
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post 1646491803 09-06-2021, 12:19 PM
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Originally Posted By friesbruh
Depends on the state. Currently pay $2400 a year.

A lot of states make you pay between .5 and .7 of one percent more of the homes “appraised value”
Try 2.5% to 4.5% in the area where I’m at. It’s fuking insane imo but pay it. This is what gives everyone the quality of life the US is known for…a lot of it is wasted probably but that’s with any organization that’s bigger than a few people and you’re taking about whole cities, counties, states and country.

It’s a trade off well worth it - sometimes it don’t feel fair (like the one whose working hard and making more money by taking risks and investing or running a business, or working in any job is paying more taxes than the person who don’t work and is using benefits to pay for everything) but look at the living conditions in other countries and you’ll soon realize what you have. What we consider a necessity and a human right is almost “royal level stuff” in those other countries I speak of (steady supply of electricity, water, roads, security, somewhat clean air, emergency health care, etc etc)
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post 1646492183 09-06-2021, 12:26 PM
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Who cares? You should be grateful to live in a first world country. Imagine complaining about property taxes. Either find a new job or leave the country
post 1646492613 09-06-2021, 12:34 PM
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I live 15 miles north of NYC. Property tax here for an average home ($700k) is around $20k+ a year. It's extortion.
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