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Old 04-22-2015, 07:34 PM   #121
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We got a new roof last year. 2300 sqft single story, fairly complex roof. Lots of hail damage so the insurance company paid up. Total cost was $15k. I'm in North Texas BTW...
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Old 04-22-2015, 07:49 PM   #122
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Just replaced our roof last month. North suburb of Atlanta...33 squares (don't remember square footage, but lots of crazy angles and pitches on our 70s contemporary home). 30 year architectural shingles and two ridge vents with new flashing and the new required by code rake and soffit edges...$7100. Two other bids came in within about $200 of the contractor we used.

Taxes are about $2000 a year but at the age of 62, school taxes go away in today's tax dollars, that would reduce our property taxes to about $500 a year. A house very similar to ours in the neighborhood (age/updates/etc) just went under a lease contract of $2250 a month. For me, it's wildly cheaper to own mortgage free. Also, we bought the house in 2012 for $140'ish and spent about $40k in improvements. According to the DW (who is a real estate broker) it's worth in the vicinity of $260'ish.

Sent from my mobile device so please excuse grammatical errors.
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Old 04-23-2015, 04:32 AM   #123
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That's me. I'm loco. $6,750 in property taxes on a 2,000 sf house and detached 2-car garage with finished loft on 75' of lakefront that's probably worth $500k. In other parts of the country my property taxes would be half or less.

You must live in the perfect location on the planet to pay that kind of taxes and stay. If you have it then might as well enjoy it.


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Old 04-23-2015, 05:53 AM   #124
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You must live in the perfect location on the planet to pay that kind of taxes and stay. If you have it then might as well enjoy it.


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There is a property tax survey thread active over on Bogleheads. You should go take a look - it will make you even more sure you are right. Plenty of folks in the NE pay much more than pb4uski - double or more.
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Old 04-23-2015, 08:57 AM   #125
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You must live in the perfect location on the planet to pay that kind of taxes and stay. If you have it then might as well enjoy it.
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There is a property tax survey thread active over on Bogleheads. You should go take a look - it will make you even more sure you are right. Plenty of folks in the NE pay much more than pb4uski - double or more.
Perfect is in the eye of the beholder, they say. It is not uncommon in this great state to have RE taxes of $2,500 per quarter. I use quarterly, so that it does not seem as high. Our trash was just picked up as I gaze out my front window...

When we sit in our back yard it is well worth the price of admission. When the hordes of lawncare minions show up during the week, it is not so blissful. However, I give this location a 90+ rating (out of 100). Reasons: higher paying jobs, healthcare, environmental, transportation, schools, adn culture. Of course I am only talking about this special location. Not too far away you can find the most dangerous city in America. Go a little further and you have access to a very wide range of attractions. The music in this area is very rich. Recently saw Sufjan Stevens, and on the following evening saw Bela Fleck/Abigail Washburn.
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Old 04-23-2015, 12:17 PM   #126
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Perfect is in the eye of the beholder, they say. [...] I give this location a 90+ rating (out of 100).
It sounds like a wonderful location! I can absolutely understand why someone might want to pay a bit more in order to stay in a place they love.
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Old 04-23-2015, 01:49 PM   #127
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There is a property tax survey thread active over on Bogleheads. You should go take a look - it will make you even more sure you are right. Plenty of folks in the NE pay much more than pb4uski - double or more.
Got that right. I just moved from southern nj because I refused to pay another year of ridiculously high property taxes.
I had a 2700 sq foot colonial, maybe a 1/8th of an acre of land. My property taxes were 10,500 bucks a year.

I can't imagine me loving any place enough to want to spend almost 1000 bucks a month on property taxes.

That's why I chuckle when folks say that paying off your mortgage will lead to some type of retirement Nirvana. South NJ every year has an glut of houses going on the market from seniors on fixed income who have no mortgage but can't handle the property taxes.
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Old 04-23-2015, 01:54 PM   #128
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Got that right. I just moved from southern nj because I refused to pay another year of ridiculously high property taxes.
I had a 2700 sq foot colonial, maybe a 1/8th of an acre of land. My property taxes were 10,500 bucks a year.

I can't imagine me loving any place enough to want to spend almost 1000 bucks a month on property taxes.

That's why I chuckle when folks say that paying off your mortgage will lead to some type of retirement Nirvana. South NJ every year has an glut of houses going on the market from seniors on fixed income who have no mortgage but can't handle the property taxes.

Just OMG!! That is something to be extremely careful about. Don't buy property in a crazy town that has blasted property taxes up. Is the town counsel locked into some payment scheme for employees, and they need to push property taxes to crazy levels?


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Old 07-23-2015, 07:20 AM   #129
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There will always be some way to game the system for low income folk.

One thing that likely IS a sacred cow is the elimination of pre-existing condition exclusion for insurance. If for some reason subsidies were eliminated, a strategy could be formed to go without insurance at all, and then obtain insurance within a short time frame if you encounter a major long term medical problem. If you are not in an open enrollment window, you could simply move the required distance (you are renting, this would not be that hard) to open up enrollment. It is very unlikely a person making $30,000 a year would owe any penalty for not having health insurance, especially if there is no affordable option due to lack of subsidy.
fermion - old note. but thank you for being sensible with comments.
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