he paid $8900 for the house and four years later the tax debit is more than he paid for the house??? NY taxes are insane... he paid $8900 for the house and four years later the tax debit is more than he paid for the house??? NY taxes are insane...Ouch...that’s a lot of taxes for one house, I may never complain again.
You can bet that it is assessed for 60 thousand or more. The assessors are hired crooks who are told to assess the house for much more than it is worth. The reason why most of these houses are worth so little is because they are in very high crime neighborhoods overrun by a certain culture. It is not safe to walk down the streets in these neighborhoods. People are mugged, shot, and you name it on a continual basis. The governments choose to pretend the houses are worth as much as they were back in the days when leave it to beaver was a reality. No one will pay more than 10,000 for these houses even it they are Victorian 3 story houses in good shape. If you live there then you are a target each and every day.