- Joined
- Jul 1, 2017
- Messages
- 5,849
For your property taxes, we only have one house in our county for more, and it's a relatively new 28,000 square foot home on a 2,000 ft. lakefront property--$15,000 taxes. And his $25 million superyacht sitting over at the yacht club is without any personal property taxes.
But I have my 2006 Honda sitting in the driveway!
(There will be no super yachts in my future. But I should be able to spring for a rubber tube in which to float around.)
But that is why we will be looking around for a lower cost of living area after we retire. The County recently sent out letters raising the assessments on a number of homes (including mine) to be "fair". My was raised by 1/3. My taxes have been creeping up, but the raising of assessments is a prelude for a big jump in property taxes. I suspect there was a lot of screaming, because we recently received a letter that the taxes would be phased in, (instead of implemented immediately). I suspect we will be able to give that 28,000 sq ft house, a run for its money, tax wise, in the next year or two.