Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Idaho, Time for Property Tax Revolution
Old 06-08-2006, 11:09 PM   #1
Recycles dryer sheets
 
Join Date: Apr 2006
Posts: 147
Idaho, Time for Property Tax Revolution

Just received my new property tax assessment. Up another 125%. How can ER with this kind of crap going on? This is supposed to be Idaho not GD New York.

http://www.bonnercountydailybee.com/...ews/news01.txt
__________________

__________________
Hydroman is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Idaho, Time for Property Tax Revolution
Old 06-08-2006, 11:51 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,914
Re: Idaho, Time for Property Tax Revolution

The property value is a tool to distribute the total tax for the taxing district among the district property owners.* If all values went up 200% the slice of the pie that each pays doesn't change.* Property values in and around Boise have gone up a lot these last couple years.* I'll bet the assessor's office hadn't run the numbers for ages.

What property owners need to watch is relative value, and the number of exempt properties.* In your corner of the world check to see if there are tax exempt non-profits/charitable orgs owning income producing property - the old tax shifting 'game'.
__________________

__________________
Duck bjorn.
Brat is offline   Reply With Quote
Re: Idaho, Time for Property Tax Revolution
Old 06-09-2006, 01:04 AM   #3
Recycles dryer sheets
 
Join Date: Apr 2006
Posts: 147
Re: Idaho, Time for Property Tax Revolution

Quote:
Originally Posted by Brat
The property value is a tool to distribute the total tax for the taxing district among the district property owners. If all values went up 200% the slice of the pie that each pays doesn't change. I'll bet the assessor's office hadn't run the numbers for ages.
I am not counting on that. They reassessed my property last year with a 35% increase. Taxes went up about the same.
__________________
Hydroman is offline   Reply With Quote
Re: Idaho, Time for Property Tax Revolution
Old 06-09-2006, 09:50 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,914
Re: Idaho, Time for Property Tax Revolution

So nail the assesor's office down on their process.* They don't create property taxes, they distribute them.

My next question is were property tax increases proposed that were knowingly miss-represented with respect to impact because of old assessments?*

Have you built new schools to accomodate your growing population?* Some communities have impact fees assessed on new construction for just that purpose.* If you have school impact fees are the school districts setting aside that money for new buildings or are they using that money for current expenses?
__________________
Duck bjorn.
Brat is offline   Reply With Quote
Re: Idaho, Time for Property Tax Revolution
Old 06-10-2006, 06:50 PM   #5
Dryer sheet aficionado
 
Join Date: May 2006
Posts: 48
Re: Idaho, Time for Property Tax Revolution

move to california, the taxes here are great.
__________________
blanston is offline   Reply With Quote
Re: Idaho, Time for Property Tax Revolution
Old 06-11-2006, 04:52 PM   #6
Dryer sheet wannabe
 
Join Date: Jun 2006
Posts: 11
Re: Idaho, Time for Property Tax Revolution

Some older Californians (most of whom came from somewhere else before moving to California) move to Nevada; some older Washingtonians and Oregonians and Nevadans move to Idaho. It's part of the sell-your-house- and- move- somewhere cheaper-where-you-get-same or more-house-for-less- money syndrome.
__________________

__________________
nvtashak is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tax Rates now and 2011 Gearhead Jim FIRE and Money 25 12-10-2006 09:07 AM
Roth Conversion Tax Part 2 halo FIRE and Money 0 11-22-2006 12:29 PM
Pinging Martha or any other Minnesota Tax Experts............. Cut-Throat FIRE and Money 30 07-24-2006 03:25 PM
Bush floats a national sales tax dex FIRE and Money 22 08-17-2004 08:15 AM
Tax Deferred to Roth Strategy mccl FIRE and Money 10 06-09-2004 12:08 PM

 

 
All times are GMT -6. The time now is 01:36 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.