Some Ways To Help Keep Property Taxes Lower

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Some Ways To Help Keep Home Taxes Lower

There are a few ways for taxpayers to help keep property taxes reduced. The first way is to wait public meeting in which decisions are being made about spending restrictions and spending generally speaking. If you do not participate in meeting that is open to people for suggestions and also opinions, you cannot pin the consequence on anyone for greater property taxes. When the community spending board we will call them wants to raise taxes for them to afford to give aldermen and government officials an increase in salary, next no one will be at the meeting to words their opinion making people think.

If a committee is interested inside buying land from your property owner and it is a large amount of money that will require an increase in home taxes, you might use a petition to request a vote if the next election is scheduled. This is done in lots of states and communities. This allows the voters who are tax-paying citizens to opt for or against the offer. All spending ought to be done this way. That way everybody in the community has a point out or a vote if you may on whether it type of spending is essential.

Another way to avoid greater property taxes is always to organize fundraisers with regard to things that are needed regarding schools. If the school district is seeking more money, which could elevate property taxes, you might suggest ways for the entire school system to boost the money needed and revel in in a sense of success. Not only is this a great way regarding raising money for the result in, but also gives pupils and teachers a new way to work together as well as learn values. It has been tried and also accomplished in many communities with great success. Those communities have reduce property taxes too.

There could be a board for school fundraising events, fire and police fundraisers, a committee for nursing home fundraising and even a fundraising panel for the library and historical museums. The community does come together when a fundraiser not only helps the cause but also retains there property fees down. People are spending money, are receiving something inturn, instead of handing above their money and obtaining nothing in return for probably the most part. This type of community involvement does have its benefits, people enjoy the fundraising event and the neighborhood makes some money that is required for whatever reason.

These are just some of the ways that property owners will help keep property taxes lower. There are many alternative ideas that people can contribute, they just have to take into consideration how much they really want to help the community maintain the taxes lower and also organize ways to raise money or at least ask for votes on spending and also district increases before the committee approves them. When people want to have lower property taxes anything at all is possible and when the city leaders are behind you, everyone is the winner. You just need to look for optimistic ways to lower the property taxes and speak up at community events that are locked in the community.

Comments: 12

  1. Cordell July 1, 2013 at 10:13 am Reply

    Doing so would allow more veterans to own a home of their own!
    Honorably dischaged veterans who have made it out of combat, broken but alive, deserve a complete exemption from property taxes period. Why Does Big Oil Get Complete Exemptions from Property Taxes In Any State They Choose To Set Up Shop In? Because The Dam Corportions Own Our Government .

  2. Zachery July 18, 2013 at 6:32 am Reply

    Long story short, I was given real estate property about 10 years ago by my father and now I can’t handle the property taxes. In any case, I have 3 sisters and 3 brothers – actually they are step-brothers/sisters. I live in another state then where the property is located (Hawaii).

    I have my own property and the last thing I want to get caught up in is a family squabble. My father gave me another piece of property where I am now renting the house for the past few years. I’ll keep that one, but I really want to pass the other property to my siblings and not have to deal with it ever. (The upkeep, the taxes, the insurance, etc.)

    I have heard of using a quit claim deed, but I head it may not hold up in court. How do I pass this property to them in an easy, no hassle, low-cost, less paper kind of way?

    Side info: There are no liens on the property – it is paid off – free and clear.

    Thank you to all who can help me with this question.


  3. Bertram July 18, 2013 at 8:34 pm Reply

    My wife and I have an $80K in a line of credit.

    We own our home with $50K that we put in as downpayment and probably about $125K in appreciated value (we bought it 4 years ago pre-construction for $300K and it’s probably worth $425K now). I guess we also have the additional capital put into the home by way of our monthly mortgage payments but I imagine most of the payments go toward interest.

    So the $50K investment in the home plus the $125K appreciated value = $175K in assets and minus the $80K line of credit makes us about $100K in the positive.

    Our problem is that we are running at a loss of about $1K to $2K each month and this loss comes out of the line of credit which is going to continue going up.

    My wife and I bring in about $6K or 7K net each month in income.

    Our expenditures are around 7K or 8K a month.

    So we run at a loss of about $1K to $2K a month.

    The breakdown of our $7K or $8K expenditures is as follows: The main expense is our home which costs around $2K a month (based on $1,300 for the mortgage, $400 for condo fees, $600 for property tax). Our case lease is $450 a month. Insurance is $500 a month (life insurance, LTD insurance, car insurance, home insurance). Interest on our line of credit is $300 a month. Entertainment expenses are about $800 a month including dinners, buying electronics and stuff, buying clothing, going to concerts. Groceries are $600 a month. Haircuts are $100 a month. My public transit pass is $175. Internet and TV is $175 a month. Cell phones total $120 a month. We put $150 into an RRSP each month.

    My question is what should we do? Cut down certain expenses? Move to a lower cost place as our place is of course the biggest expense?

    How could we even reduce our expenses by moving to a cheaper place? We go over $1K to $2K a month and our home expenses including mortgage etc. right now is $2K a month.

    And what about this theory – is it a good idea to keep living with the $1K to $2K loss and taking it out of the line of credit rather than move to a cheaper place because the benefit of having a more expensive place for which more money goes into it via mortgage payments and for which we make money off a high appreciated value makes up for the $1K to $2K loss?

  4. Corinna July 18, 2013 at 11:49 pm Reply

    You’re still not technically owning it, because if you stop paying property taxes, don’t you end up losing the house?
    @ Rob: Right, but I can stop filling up my gas tank and just leave a car to sit in my garage if I wanted to. If I stop paying property taxes, it’s not like I’d get left alone by the government.

  5. Karri July 21, 2013 at 8:14 pm Reply

    I want to buy a property, preferably in the South where i’m from but wonder if there is a resource to tell me what towns are better placed to make money on a property and where investment will pour into the area. If not , do you know of any areas destined for greatness?

  6. Fidel August 14, 2013 at 7:39 am Reply

    My kids and I would like to start investing in tax liens and deeds and want to know how to do it. And what are the tax consequences for doing it? I’d like to buy 2-3 homes per year to sell for profit and also to be able to make money on the side by investing in tax liens. Eventually, I’d like to do this for a living, to the point of quitting my day job. Has anyone done this and how successful are you? How long have you been doing it and do you have any tips for us before we begin?

  7. Edmond February 22, 2014 at 3:00 am Reply

    Compared to the rest of the nation?

    Is it primarily because it has zero income taxes, zero sales taxes and few government regulations on businesses?

    Is Scarborough, a former Florida Republican congressman, correct when he explained that if other states were to follow New Hampshire’s lead, particular states that border large metropolitan areas, they would reap the rewards of people fleeing higher taxes?

    Read more:

    Just wondering.

  8. Zulma March 13, 2014 at 12:35 pm Reply

    Here we go again with Obama, tax credit here, tax credit there. Why not just lower rates for everybody and see what economic growth they can unleash while they spend their own money furthering their own interests. Is it because Obama would lose control over all of that property that belongs to others? More control issues for a leftist? Same old same old?

  9. Vivian March 22, 2014 at 3:47 pm Reply

    Ok I’m on disability income (from a serious war wound). I get very little money. About 1.5 years ago I sent in a check to pay the “personal property tax” on my vehicle. For some god forsaken reason they chose to pay my brothers tax off with it. I called furious and on multiple occasions argued with them to fix it. They never did. So now they send me a bill for “part 1 and part 2” of roughly $32-34 from 2008-2009. Claiming I owe them 127.98. How can I make these idiots just ACCEPT the money for MY VEHICLE and not my brothers? Endless fighting over the phone and in person have not worked. I don’t have the money to keep throwing it away to try and make these people happy. Don’t even know why I have to pay $65 a year for a POS old 97 Blazer that barely runs.

    So my questions

    1. Is there a way I can make them use the checks under my name, in my name, with account, for my chevy blazer, stop paying for my brother chevy truck and pay for MY vehicle?

    2. Make them lower the atrocious $65 a year (32 every 6 month) personal property tax on a vehicle that practically never runs?

    3. They threatened to lien my wages or take my income tax from me (neither of which I get), is there something else they can do to me for them being idiots and unable to understand they are using my checking account for the wrong vehicle?

    4. I can still buy my county tags, vehicle decals, and safety sticker, so what exactly does them thinking I’m not paying this do to me?

    Thank you everyone who answers ^_^. Please presume everything I say is 100% accurate instead of insinuating or insulting my intelligence and suggesting different case scenarios (like so many users who answer like to do). I can assure you not only will such answers be ignored but will have no chance at getting best answer.
    I put at top “personal property tax”

    They are my counties personal property tax collectors.
    Who do I send the value of the blazer to?

    Also I never canceled the check. They literally cashed it and paid my brothers vehicle tax instead of mine.
    I sent the check in. They sent a receipt to me saying they paid for my brothers Chevy with it? I complained they said they would fix it. I sent second check in. They did it again and I complained and they pretended like they would fix it again. This repeated until I got there “threatening” letter to pay the bill I owe.
    My brother doesn’t even live where I do he lives 4 hours away. They are morons no idea how they keep doing this.

  10. Cortney March 22, 2014 at 4:05 pm Reply

    My home sits on a 2 1/2 acre lot. On both sides of my property their are 2, 2 1/2 acre lots, that are not cleared out and no one lives there. I would like to buy these properties to prevent anyone from building there in the future. We like our privacy and property values are at an all time low so we’d like to get them now while we still can. I live in Naples FL

  11. Annice May 13, 2014 at 9:03 pm Reply

    I’m trying to find solid info online but it seems everything is just right or left based. I just want facts. I have a family of 3. My husband, myself and our 2 year old. We have a modest mortgage that is within our means. My husband and I both work full time and gross about 65K a year. However, with daycare expenses, a car note (which we didn’t have but when we had the baby we HAD to get a bigger vehicle) credit cards payments from school, student loans, medical bills, escalating homeowners insurance and property taxes (Meaning the mortgage keeps going up…) and rising cost of living we have found our checks aren’t going as far these days and subsequently are living paycheck to paycheck. We absolutely cannot afford to bring home less money and don’t expect pay raises next year. With our amount of gross income will we be affected by the expiration? Will our child credit change? Will the amount of daycare you can write off change? Where can I find this info?
    Thanks you guys. I really am just wondering if I my husband and I will be bringing home smaller checks. Which would screw us. Even a small increase.

  12. Lou May 18, 2014 at 11:48 pm Reply

    so that low income people(minorities/white trash) can’t afford to live there?

    When you only make 16,000 a year, and the property taxes are 10,000 a year, you might think twice about moving to certain towns and neighborhoods..

    All around my city are suburbs that started out beautiful, and ended up ghetto.

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