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re: Property taxes on unrealized gains?
Posted on 6/1/26 at 8:20 pm to weagle1999
Posted on 6/1/26 at 8:20 pm to weagle1999
1
Posted on 6/1/26 at 8:44 pm to Kjnstkmn
As usual, BDR being the best guvna in FL history.
Texas, take note.
Texas, take note.
Posted on 6/1/26 at 8:56 pm to Y.A. Tittle
quote:
I think he's saying, effectively it sort of is really.
But as cleverusername well explained, it is not, not sort of, not anything.
Posted on 6/1/26 at 8:57 pm to weagle1999
Taxation is legalized theft.
Posted on 6/1/26 at 9:00 pm to aTmTexas Dillo
quote:
Wait until they come after your gains in your brokerage and 401K/IRA account. Then you will know about taxing unrealized gains.
That's why I dont save for retirement
Posted on 6/1/26 at 9:28 pm to olgoi khorkhoi
What's more troubling is people who own no property can still vote on property tax issues. See EBR CATS tax. If a socialist politician gets his/her way property taxes will be the easiest money grab.
Posted on 6/1/26 at 9:30 pm to dovehunter
Not saving for retirement is really dumb if for no other reason it's tax advantaged.,
Posted on 6/1/26 at 9:53 pm to weagle1999
You’re confused. You think you own the land. You’re just renting it from the government…until we fix corrupt elections and throw the bums out.
Bonus information- local municipalities hire consultants to “ back into” their revenue requirements, then they jack up property taxes to fill their gap. They use the same consultants across the country….
Bonus information- local municipalities hire consultants to “ back into” their revenue requirements, then they jack up property taxes to fill their gap. They use the same consultants across the country….
Posted on 6/1/26 at 10:07 pm to Out da box
quote:This is correct. There isn’t a place in the United States you can legally live without owing something hourly, daily, weekly, monthly, or annually. You can exchange work for living arrangements, but nothing is without a cost.
You’re confused. You think you own the land. You’re just renting it from the government
Posted on 6/1/26 at 11:19 pm to Y.A. Tittle
quote:
Nothing sets the Acktuchally Crew off quicker than a metaphoric point attempted here
Yes we get his metaphor, but it is dumb and getting called out for obvious reasons.
Sure call it unrealized gains but since we're playing the apples to oranges metaphor game what do we call it when the new kid on the block has to pay a much higher tax rate versus the old timer whose been on the block for decades? After all the new guy's cost basis is much higher (less unrealized gains) but taxes are the same.
Would you be ok if your neighbor with an equal valued property paid a fraction what you pay in property taxes because he bought his house for much less 30 years ago?
Posted on 6/2/26 at 12:09 am to ksayetiger
Scam of our govt
Posted on 6/2/26 at 3:50 am to weagle1999
Of all the forms of taxation, property taxes are the worst. It’s modern day serfdom. In Alabama, if you fail to pay your rent to the state, they auction that debt off to someone who will. Then, that person can file a lean against your property and ultimately force you out of your home.
frick property taxes.
frick property taxes.
Posted on 6/2/26 at 4:55 am to armytiger96
quote:I think you call it a "pending property tax revaluation."
what do we call it when the new kid on the block has to pay a much higher tax rate versus the old timer whose been on the block for decades?
Posted on 6/2/26 at 5:04 am to Y.A. Tittle
Because it was a retarded metaphorical point.
This post was edited on 6/2/26 at 5:12 am
Posted on 6/2/26 at 5:04 am to medium_okra
You can start a non profit, do some good for the community and Avoid taxes. I would assume that as long as the non profit is operating. You would pay no tax on the property.
Posted on 6/2/26 at 5:28 am to weagle1999
My car tag renewal is gonna be $1000 on my new car. In 3 years it will be 600.
Its tax on the current value.
Its tax on the current value.
Posted on 6/2/26 at 6:46 am to NC_Tigah
quote:
I think you call it a "pending property tax revaluation."
True or "inverse progressive tax system!"
Posted on 6/2/26 at 6:48 am to Aubie Spr96
quote:
In Alabama
Not sure about the lean part, but LA auctions off property that has unpaid property taxes as well.
Posted on 6/2/26 at 7:18 am to armytiger96
quote:
LA auctions off property that has unpaid property taxes
Right. That guy is then given a tax deed and all subsequent tax notices start going to them and not the property owner. After several years of paying the taxes, the tax deed holder can legally force a sale of the property to make themselves whole. The state is literally renting your property to you or someone that will pay them for it. fricking SERFDOM.
Posted on 6/2/26 at 7:23 am to weagle1999
100% correct
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