Posted on 09/17/2016 10:35:16 AM PDT by Lorianne
That sounds better. I’m not married to going to Maine. I’ve still got about 10 years of work left. Those property taxes sound excellent.
If you stick to areas an hour or more away from a decent size metro, you can find it all day long. Residential property tax in my county is $0.69 per hundred, and assessment is typically lower than actual resale value. Municipality would add another level of taxation, so you’d want to stay outside of incorporated areas for lowest tax. That means well and septic system, rather than water and sewer service.
Easy solution for the 0bama regime. Greatly decrease those who are owed pensions.
Many ways to accomplish that end.
5.56mm
I agree w/ what u said, I retired early at 46, 13 yrs ago. I collected what I put in in the 1st 3 yrs, all the rest is gravy. My taxes here for 2 properties and an additional 16 acres of woods are still 1/2 my city taxes from 13 yrs ago. Thankfully I do my own HVAC here in Texas, when I want where I want. Whatever SS gives me in about 6 yrs will also be gravy.
The incorporated area is encroaching on us via annexation and soon I may sell the 2 props and move further to my acreage.
The City of Chicago “owns” these pension shortfalls and should be forced to cover the shortfalls.
Here’s the first four bricks in the Yellow Brick Road to meeting the cities’ obligations.
Sell O’Hare International Airport
Sell Midway Airport
Sell or lease Navy Peir
Sell or lease McCormick Place
These four properties alone are very valuable. If the sales are done properly and for the benefit of the citizens of Chicago & pensioners, then the sales/lease agreements will allow the owners/lessees to shed the Chicago patronage jobs. That would allow these businesses to be run LIKE a REAL BUSINESS.
Great info, thanks. Well & septic is fine. I had one at a camp I used to have in NH. Property taxes are so bad in the northeast. A high-end property in my town runs about 1.7 million dollars & the property taxes are over fifteen thousand dollars a year...even if I had that much money to use on property taxes I would never give it to the city. I’m not big on large homes anyway. Don’t need a lot of empty rooms:)
I did a lot of research 13 years ago when I was ready to retire from my primary job. My choices 13 years ago were, outer Houston, outer Phoenix or outer Denver. I chose North Houston over the others because at that time Phoenix was growing by leaps and bounds but I thought, soon they’ll have water problems. I didn’t choose Denver because of I think the turn left from people coming from California. I am so glad I chose Houston.
During the 08 to 12 recession high oil prices allowed this area to keep growing. If you check the numbers during the recession Texas grew.
Believe it or not but even with these low oil prices many many developments are still rising up. It’s incredible.
If I had to do it over again, I’d move 10 or 20 miles more away from Houston. I’d consider outskirts of Auston (40 miles or so), Waco about 20 miles out should be nice.
Small growing towns here in Texas are really great.
Texas is a sweet spot...excellent real estate prices in much of the state. You do need to do your research for sure.
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