jinman
Rest in Peace
- Joined
- Feb 23, 2001
- Messages
- 20,387
- Location
- Texas - Wise County - Sunset
- Tractor
- NHTC45D, NH LB75B, Ford Jubilee
Property Taxes
- Thread starter dooleysm
- Start date
- Views: 24639
:laughing:
Bird
Rest in Peace
Instead of towns appraising property, we have something called a Central Appraisal District; (usually one county) that provides the appraisals for every taxing authority within that district. Our county re-appraises once a year, some only do it every 2 years. I'm not sure whether any go longer than that or not.
MossRoad
Super Moderator
- Joined
- Aug 31, 2001
- Messages
- 58,384
- Location
- South Bend, Indiana (near)
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- Power Trac PT425 2001 Model Year
Bird
Rest in Peace
The only time I used any of the public transportatoin in Washington, DC, was in 1986 and it was great then. Parking in town was very expensive, so I parked my Honda Aspencade at the Pentagon on a Saturday morning and rode their rail transportation to go to the Smithsonian for the day. The parking was free and I think the train ride was six bits each way; a bargain for sure.
Chuck52
Veteran Member
I think there's a move here in Missouri to freeze or limit at least the increases on property taxes for seniors. In Tennessee, my mother has been able to get her real estate taxes frozen on her home, though she has to file some paperwork on that each year. Is that happening anywhere else? I know it wouldn't apply to most of us, but in a way it does make sense. Many seniors are on fixed incomes, and one can argue that they have already paid there "dues"....of course there are counter-arguments. I don't know of any cases, but the way school taxes go up around here it wouldn't be hard to imagine some older folks being taxed out of their homes.
Chuck
Chuck
Bird
Rest in Peace
Chuck, the school taxes are by far the biggest chunk of the property tax, and Texas already has a freeze available for seniors on school taxes, but not the rest of the property taxes. If anyone, regardless of age, has a homestead exemption, they cannot increase the appraised value more than 10% per year. I just checked and see that state law requires re-appraisal at least every 3 years, so if any district uses the 3 year cycle, they could increase your appraise value up to 30% at a time. But at least, I do now have my school taxes frozen as long as I, or my wife, lives here.
brin
Super Member
Georgia has a huge reduction of school taxes ( the biggest part of our tax bill ) for Sr. Citizens but it only applies to your house and 1 acre so it helps but for those of us that own other property like farms or rental houses it does not help on those.
brin
Super Member
What do you fellas think about just adding about 2 % to the sales tax in each of our cities and counties and do away with property taxes all together..It seems to me that travelers, visitors and renters should all share in the services our taxes pay for. As a rental property owner I can say that I have never been able to raise my rents enough to off set property tax increases...so as far as I can see Renters get off pretty much scott free..free educations, free services..etc and so do those commuting to work in our communities...To me a sales tax specifically to replace property taxes makes more sense and then those of us that own property actually will truly own it.. I have long said as long as you have to pay property taxes you are really just renting your property from the government since the first time you don't pay your taxes the Sheriff will be out to take your property from you...True ownership comes when it is truly yours free and clear.
Thoughts?
Thoughts?
