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whats the deal with property taxes?
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09-06-2021, 10:06 AM
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#1
09-06-2021, 10:07 AM
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#2
- DrugsToGetBig
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- DrugsToGetBig
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thats about the bare minimum in nj around me
straight robbery
straight robbery
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09-06-2021, 10:16 AM
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#3
09-06-2021, 10:18 AM
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#4
- darkninja67
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- darkninja67
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Own something yet pay tax on it every year?
love this for them
love this for them
rumpler of stiltskins
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09-06-2021, 10:27 AM
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#5
- MuscleXtreme
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- MuscleXtreme
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Have to fund the schools so they can afford to purchase the materials needed to teach children Critical Race Theory.
09-06-2021, 10:28 AM
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#6
- ImUTI
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- ImUTI
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Originally Posted By DrugsToGetBig⏩
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 yearthats about the bare minimum in nj around me
straight robbery
straight robbery
09-06-2021, 10:32 AM
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#7
- MuscleXtreme
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- MuscleXtreme
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Originally Posted By ImUTI⏩
Then add in 8% sales tax for every purchase you make, plus paying a state income tax. Oh and a fuel tax.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 all the other municipal and state taxes for a cell phone line, internet, car registration.
09-06-2021, 10:34 AM
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#8
09-06-2021, 10:41 AM
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#9
- donkeydonger
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- donkeydonger
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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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09-06-2021, 10:45 AM
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#10
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
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
09-06-2021, 10:49 AM
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#11
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.
09-06-2021, 10:53 AM
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#12
09-06-2021, 10:56 AM
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#13
Originally Posted By Visel⏩
Where the hell do you live that property taxes are 15k a year? and rent is only 18k?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.
My property taxes are 3k a year
09-06-2021, 10:57 AM
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#14
Originally Posted By ImUTI⏩
You pay rent for the infrastructure you use to get to your house and live in it.looks like every home will also cost you about 10k per year in property taxes, what the hell?
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 ^^**
09-06-2021, 10:59 AM
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#15
Originally Posted By nikonD70s⏩
Strong correlation (not srs)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.
Go to school bro
**^^ gone ^^**
09-06-2021, 10:59 AM
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#16
- helpmee
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- helpmee
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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
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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09-06-2021, 11:00 AM
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#17
Originally Posted By wasp9166⏩
Save save save so you can leave it all back here when you die.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
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
Balance between spending and saving is a must. Use it to improve quality of your life bro
**^^ gone ^^**
09-06-2021, 11:02 AM
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#18
- Jasonw1178
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- Jasonw1178
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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".
09-06-2021, 11:04 AM
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#19
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!
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!
Misc Entrepreneur Crew
09-06-2021, 11:05 AM
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#20
09-06-2021, 11:29 AM
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#21
- guest89
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- guest89
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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.
Move out of an over-priced area if you can't afford it.
09-06-2021, 11:31 AM
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#22
- ParsleyTea
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- ParsleyTea
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"Proposal submitted to eliminate property taxes in North Dakota"
https://bismarcktribune.com/news/loc...operty%20taxes.
https://bismarcktribune.com/news/loc...operty%20taxes.
09-06-2021, 11:31 AM
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#23
- DrugsToGetBig
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- DrugsToGetBig
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Originally Posted By ImUTI⏩
bro it blows my mind just as much as yoursno 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
*Forever Alone Crew*
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09-06-2021, 11:44 AM
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#24
Originally Posted By Visel⏩
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.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.
"
09-06-2021, 11:51 AM
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#25
- VegasLifter26
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- VegasLifter26
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Originally Posted By JT11RTR⏩
it depends. If its a renter's market then he will have to eat it.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.
(these are my opinions i am not a licensed broker by trade)
09-06-2021, 11:58 AM
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#26
Originally Posted By VegasLifter26⏩
Nope. One way or the other tenant is paying for those expenses. If not, landlords would stop landlordingit depends. If its a renter's market then he will have to eat it.
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09-06-2021, 12:11 PM
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#27
- friesbruh
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- friesbruh
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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”
A lot of states make you pay between .5 and .7 of one percent more of the homes “appraised value”
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09-06-2021, 12:19 PM
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#28
Originally Posted By friesbruh⏩
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.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”
A lot of states make you pay between .5 and .7 of one percent more of the homes “appraised value”
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)
**^^ gone ^^**
09-06-2021, 12:26 PM
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#29
- MikeLowrrrey
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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
09-06-2021, 12:34 PM
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#30
- Scorpion613
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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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