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Forum » Homeowner-cels, how much did your house cost and how much tax do you pay on it?
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Thread: Homeowner-cels, how much did your house cost and how much tax do you pay on it?

post 1658389863 03-22-2022, 03:45 PM
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#1
  1. RobotDeathSquad
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Homeowner-cels, how much did your house cost and how much tax do you pay on it?

Illinois, $500k house has $16k in taxes!!! WTF
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post 1658389973 03-22-2022, 03:48 PM
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JFL @ paying taxes like a cuck. TF they gon do? Seize my house? Lmao
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post 1658390073 03-22-2022, 03:49 PM
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Valued at $350k pay $1700/yr. Colorado actually has very low property taxes. We pay out the azz on car registration taxes, but most everything here is sales tax driven, keeping property taxes low.
post 1658390193 03-22-2022, 03:52 PM
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  1. r32gojirra
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Our properties are only levied tax if they are rented out

So we get the tenants to pay the tax (plus everything else)

So between $600k-$1.1million in purchase price, and zero in tax
post 1658390253 03-22-2022, 03:53 PM
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100k pay about 2k in taxes
post 1658390273 03-22-2022, 03:54 PM
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3% srs.

It's outrageous
Ol' 71st street. The devil that birthed me.

606 G0D.
post 1658390333 03-22-2022, 03:56 PM
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#7
  1. Paul Kreul
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Originally Posted By RobotDeathSquad⏩
Illinois, $500k house has $16k in taxes!!! WTF
From Il (Green Oaks/Libertyville) the taxes are insane, believe it' based off of schools in the area

Own 2 homes in CA, one is worth a bit over 800k, taxes are 4k a year, the other house is valued at 550k taxes are 3k a year
post 1658390403 03-22-2022, 03:57 PM
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#8
  1. litljay
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Cali = 1% + any local bonds assessed. Assessed value cannot increase more than 2% each year. Starting assessed value is the purchase price.

Paid $305k. Taxes are ~$3400.

Edit to add: According to Zillow, current market value is $620k
You don't have to be great to start, but you have to start to be great.
post 1658390753 03-22-2022, 04:04 PM
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#9
  1. dopamine72
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- Paid 600k
- Taxes about 7k
- House now worth about 850k
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
post 1658391933 03-22-2022, 04:30 PM
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Paid like $480k and property taxes are around $3500/year I think
post 1658391963 03-22-2022, 04:31 PM
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Mind blown that you pay annual tax on your own house 😵‍💫
post 1658391973 03-22-2022, 04:31 PM
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150k...around 12 years ago.
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post 1658392673 03-22-2022, 04:45 PM
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#13
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$225k

$6k taxes


Chit sucks yo. Least everything else is cheap here.

Edit: Haven't lived in MD for about 5 years now.
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post 1658392873 03-22-2022, 04:49 PM
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just get a senior family member who doesn't own a home to "own" your house and bypass ever paying property taxes but you will have to sell it before they die.
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post 1658393003 03-22-2022, 04:52 PM
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I pay about $25k per year in property taxes for 6 properties.







Not to worry though, my tenants pay me $194k in rent for 2021. Drafting their rent raise notices as we speak. Tradie labor went up and that cost needs to be offset.
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post 1658393803 03-22-2022, 05:04 PM
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TFW I don’t know
post 1658393943 03-22-2022, 05:06 PM
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  1. r32gojirra
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Originally Posted By ChunkBuster⏩
Mind blown that you pay annual tax on your own house 😵‍💫
Seems like in most cases the tenants are paying
post 1658394053 03-22-2022, 05:08 PM
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Can’t be precise as it’s a new build so we won’t pay on the house until this year but if should be around 3k
We paid 213k
Sloots Gon Sloot.
post 1658394183 03-22-2022, 05:09 PM
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#19
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Paid 470k
6500 a year, but I have no MuD taxes and have a septic
Dallas Cowboys

Lifted for 30 years

Ass > tits
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post 1658394513 03-22-2022, 05:15 PM
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240k, 3k tax
post 1658394943 03-22-2022, 05:23 PM
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400k taxes last year were $943. Hope you get 16x as many services as me OP
post 1658395453 03-22-2022, 05:31 PM
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Originally Posted By Anachron⏩
470K?

Are you a beavercel too?
unaware
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post 1658395623 03-22-2022, 05:34 PM
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#23
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Canada brah here. High earner in LCOL area. Bought my house a little over 10 years ago for around 300K (nothing outrageous but definitely considered a fairly nice property for the area). Now probably worth about twice that. Property tax around 3K per year thanks in part to capped assessment. Mortgage is paid off (for simplicity) and the house is now a vanishingly small part of my overall financial picture.

Fluctuations in property value don't really matter unless you've overextended yourself, OR are planning to move to a different area or house with different characteristics (because a similar house in a similar area as yours will have gone up or down by a similar amount).
post 1658395863 03-22-2022, 05:38 PM
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#24
  1. yeshli2nuts
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Boca Raton, FL

Paid $440,000 in 2018.

$6,466 taxes this year

Just signed a contract with a builder to add a $240,000 addition to the back, so not looking forward to the next assessment.
Never neg first but always neg back crew
post 1658395983 03-22-2022, 05:40 PM
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#25
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Originally Posted By yeshli2nuts⏩
Boca Raton, FL

Paid $440,000 in 2018.

$6,466 taxes this year

Just signed a contract with a builder to add a $240,000 addition to the back, so not looking forward to the next assessment.
Do they physically come and check out the property? Or is it based on permits etc.
post 1658396733 03-22-2022, 05:57 PM
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#26
  1. yeshli2nuts
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Originally Posted By Redundanteater⏩
Do they physically come and check out the property? Or is it based on permits etc.
I don't think they come out to look but I'm not positive. But regardless my project is going to be fully permitted so it doesn't matter. I'm assuming the value after the addition will be about $1.1-1.2 million.
Never neg first but always neg back crew
post 1658397573 03-22-2022, 06:19 PM
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Originally Posted By Anachron⏩
So about $250K in real dollars?
Is the same property costing far less dollars supposed to be a bad thing?
post 1658397643 03-22-2022, 06:21 PM
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#28
  1. JT11RTR
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My house is worth $375-400k right now and my property taxes are about $3k a year
"
post 1658397703 03-22-2022, 06:23 PM
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#29
  1. Ratfish
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I paid about 2500 last time

Technically a rentcel
Make Europe Germany Again
post 1658397733 03-22-2022, 06:23 PM
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#30
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Originally Posted By Redundanteater⏩
Do they physically come and check out the property? Or is it based on permits etc.
It is someone's job to drive around and assess properties for taxes. Even if you add a shed to store stuff in, it will be noted. srs
"
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