Property tax wildly out of control

[ Follow Ups ] [ Post Followup ] [ CREOnline News Group ]


Posted by Rich-CA on May 09, 2008 at 08:45:52:

In Reply to: Florida is warmer posted by steve on May 08, 2008 at 13:45:13:

in FL. Here it's 1% of valuation set at purchase time and appraised value can only go up 2% per year. Plus another half percent in voter approved bonds. So when my house was selling for $750k, my property tax was $5k.

I have been to FL several times and between the humidity (CA is fairly dry, being mostly desert) and the hurricanes (earthquakes I can live with) I don't really want to live there. We've chosen Colorado for our next move which, while winters are worse, summers are downright pleasant. Property tax peaks at 0.6%, income tax at 4% (in CA income tax peaks at 12%). Oh, and I have found it easier to work with people who have a "western states" mentality than either Eastern or Southern. Makes assumptions like "time" go more smoothly (had a guy in TX tell me something was his top priority and he'd get to it first thing in the AM at 4 pm his time - but in AZ that same response means before he goes home)

Follow Ups:



Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ CREOnline News Group ]

CRE Online, Inc. © 2007, All Rights Reserved.
creonline.com