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To: Born to Conserve

unless you rent, you’ll be stuck with property taxes.


14 posted on 07/04/2014 11:13:23 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man

Huh?


17 posted on 07/04/2014 11:20:30 PM PDT by Born to Conserve
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To: Secret Agent Man

unless you rent, you’ll be stuck with property taxes.
*******************************
The property owner(s) have to pay property taxes, so that is rolled into what the renters pay each month.

Only difference is that renters don’t get a deduction from the Fed or State income tax returns.


30 posted on 07/05/2014 3:31:35 AM PDT by octex
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To: Secret Agent Man

“unless you rent, you’ll be stuck with property taxes.”

That, and the IL government will go to what CA’s did.. play robber baron vs. millionaires and create fees for nearly everything but breathing (and likely they’re working on that one too).


32 posted on 07/05/2014 3:33:38 AM PDT by ScottinVA (If it doesn't include border security, it isn't "reform." It's called "amnesty.")
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To: Secret Agent Man

Unfortunately, the landlord will pass as much of the real estate tax increase on to the tenants in the form of higher rent, like any other expense. And if all the competing landlords get hit with higher taxes, they will perform in unison by raising the market rental rates.


46 posted on 07/05/2014 6:56:03 AM PDT by john drake (Lucius Accius-Roman,170 BC - "oderint dum metuant" translated "Let them hate so long as they fear")
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To: Secret Agent Man

Renters pay Property Taxes - it’s called RENT.


56 posted on 07/05/2014 9:01:41 AM PDT by TNoldman (AN AMERICAN FOR A MUSLIM/BHO FREE AMERICA.)
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