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Posted on 9/19/24 at 12:42 pm to fareplay
At age 65, Texas homeowners can receive a “tax-freeze” on their school taxes if they qualify for the homestead exemption.
Posted on 9/19/24 at 12:46 pm to fareplay
Homes need to be reasonably assessed and values not inflated. A home is not a primary means of wealth establishment.
This post was edited on 9/19/24 at 12:48 pm
Posted on 9/19/24 at 12:47 pm to triggeredmillennial
quote:Because he believes in being fairly taxed and that property taxes are theft?
You are so fricking stupid
I'd figured you were a dumbass, but now it's settled.
And tell me you're one of the 50% who doesn't pay income taxes without telling me. Totally and completely aloof to the realities of what your government does, and don't care so long as you can get someone else to pay for your student loans and murder your offspring in the womb for "free."
Make the case against what he said since he's "so freaking stupid."
Posted on 9/19/24 at 12:50 pm to LegendInMyMind
quote:
For the most part government is taking in more money via taxes than at any other point in US history, yet they seem to be doing less than ever with it.
Yup. I'd feel a little bit better about it if I knew they were using it responsibly. It disgusts me when I see how much I pay. If I only paid half of what I do it'd still make my life significantly better.
Posted on 9/19/24 at 12:50 pm to Oilfieldbiology
quote:
then paid taxes on that purchase itself.
Home purchases are not taxed....what are you ranting about?
quote:
Why should the government be allowed to continually tax a non-liquid investment that they don’t and never have owned?
A home is a place to live, not an investment.
How do you propose the local jurisdictions pay for common use items such as police, fire, EMS, roads, schools, etc?
Posted on 9/19/24 at 12:50 pm to Tomatocantender
quote:
Your post is reminding me of the 800-lb gorilla in the room
I see what you were going for here but you've missed the mark. You've mixed your metaphors.
The 800 lb gorilla refers to a market leader like Apple/Google etc for anyone else in the industry trying to compete with them.
The elephant in the room is the obvious issue that everyone refuses to acknowledge but is known by all.
Just FYI so you don't make a fool of yourself again.
Posted on 9/19/24 at 12:58 pm to LemmyLives
quote:
Start with your county assessor.
If people would have access to what everyone really pays, I would say in more places than not, people would be very pissed of.
When I worked in a courthouse in college (early 2000s), I used to have to go to the tax assessors office to get some info and I knew someone working in there so I would go talk with them and they would show me things. In one instance there was some commercial land, 10-12 acres with rental homes. The property taxes on 10-12 acres of commercial land was paying $80 a year while residential property. 1 acre lots with a house was paying $700-$800.
That is just one example. Its pretty insane.
Posted on 9/19/24 at 1:02 pm to DesScorp
quote:
Imagine what the Founding Fathers would think about property taxes
PROPERTY Taxes? Hell, theyd call up the Militias over income taxes.
Yeah, but owning land was so incredibly sacred to them. It is a fundamental right. Getting taxed on just ownership of land would make them declare war.
Posted on 9/19/24 at 1:03 pm to fareplay
Property taxes should have limits on increase per year on amount paid.
Posted on 9/19/24 at 1:10 pm to CatfishJohn
quote:
Yeah, but owning land was so incredibly sacred to them.
So was slavery. What’s your point?
quote:
It is a fundamental right.
No, it’s not.
This post was edited on 9/19/24 at 2:57 pm
Posted on 9/19/24 at 1:16 pm to fareplay
There are parts of Louisiana where prices have far outpaced other parts of the state since the 1980s.
The Madisonville, Mandeville, parts of northern Ascension, anything fronting False River, etc. Those areas have been "discovered" by the masses, which are unfortunate if you maintained your parents middle class standard of living but still want a nice place in that area. They were never bad areas, but they have been flooded with buyers from Baton Rouge, New Orleans, or Lafayette for various reasons.
You have similar trends in Goodwood in Baton Rouge, some parts of Old Metarie, and definitely the Doucet/W Bayou Parkway area of Lafayette where the significant upswings in prices relative to other areas account for more than just recovering from the oil bust of the 1980s. I wouldn't say that they are completely unaffordable, but they have gone from "above average" to "significantly more expensive" than similar homes in the region.
That said - nothing in Louisiana compares to the massive hikes in home prices in parts of Seattle and the bay area (San Francisco). Those areas are driven by localized economic booms driven by big tech. Louisiana's property trends are nowhere near as wild as that. Few places on earth are.
The Madisonville, Mandeville, parts of northern Ascension, anything fronting False River, etc. Those areas have been "discovered" by the masses, which are unfortunate if you maintained your parents middle class standard of living but still want a nice place in that area. They were never bad areas, but they have been flooded with buyers from Baton Rouge, New Orleans, or Lafayette for various reasons.
You have similar trends in Goodwood in Baton Rouge, some parts of Old Metarie, and definitely the Doucet/W Bayou Parkway area of Lafayette where the significant upswings in prices relative to other areas account for more than just recovering from the oil bust of the 1980s. I wouldn't say that they are completely unaffordable, but they have gone from "above average" to "significantly more expensive" than similar homes in the region.
That said - nothing in Louisiana compares to the massive hikes in home prices in parts of Seattle and the bay area (San Francisco). Those areas are driven by localized economic booms driven by big tech. Louisiana's property trends are nowhere near as wild as that. Few places on earth are.
This post was edited on 9/19/24 at 1:19 pm
Posted on 9/19/24 at 1:19 pm to fareplay
quote:
Lots of these gentrified places are pricing out old residents who can’t afford the increased property tax bill and are priced out of their homes.
When I turned 65 my property taxes locked in. In gentrified places any 65 and older person should be grandfathered into and locked at the tax rate at 64.
Posted on 9/19/24 at 1:20 pm to DesScorp
quote:
In the South, you have an issue with Yankees coming down here and buying up old properties in small towns
Charleston is a big example of this.
St. Francisville is a small example of this.
Posted on 9/19/24 at 1:26 pm to jclem11
They don’t do a good job with what the have. They certainly shouldn’t be able to get more. Jefferson Parish is a prime example of how it’s fallen and not using our funds properly.
Posted on 9/19/24 at 1:26 pm to sledgehammer
quote:
It’s a broken system.
What is broken is the voting public. Everyone votes such that other people are taxed and as a result the entire tax burden goes.
I mean our forefathers started a war with England for a total tax of 3% or less. Now we regularly pay 10% in La. just in sales tax (which is a tax on $ already taxed as income).
Taxes only exist because they are voted in. It’s everyone’s fault collectively.
Posted on 9/19/24 at 1:34 pm to moneyg
quote:
Property taxes should never be high enough to price someone out of a home they owe.
What is your definition of high?
For instance, if your house rose in value to $1mm dollars and your property tax is 2%, do you consider that high?
Thats roughly $20,000 in property tax plus you have to ensure that baby and pay utilities.
I have this conversation often with people. I see lots of couples spending serious cash on homes because "they are a good investment" yet we are talking about folks affording property taxes. How good of an investment is it really? Hm.
Posted on 9/19/24 at 1:47 pm to SloaneRanger
quote:
Property taxes are evil. At most, you should be taxed based on what you actually paid.
Just wait 'till you hear what Landry wants to do next session.
This post was edited on 9/19/24 at 1:50 pm
Posted on 9/19/24 at 1:47 pm to AGGIES
quote:
At age 65, Texas homeowners can receive a “tax-freeze” on their school taxes if they qualify for the homestead exemption.
Military Veterans also get property tax exemptions in the great state of Texas
If you are 100% disabled you won't pay property tax ever again.
They also provide exemptions based upon your level of disability.
If you are over 60 and a vet you should have a very low value assessed to your property to be taxed.
Unremarried Spouses of members KIA also get lifetime exemption on property tax in Texas.
Posted on 9/19/24 at 1:54 pm to jizzle6609
quote:
Military Veterans also get property tax exemptions in the great state of Texas
If you are 100% disabled you won't pay property tax ever again.
Is this accurate? I have a buddy wanting to move from Oregon to Texas and he made this claim. I started looking at county appraisal websites, and was seeing deductions for veterans, but never ran across where it said 100% disabled were exempt from property taxes.
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