Who pays 10 f-ing grand a year in property taxes?
My brother-in-law in NJ pays over $10,000/yr in property taxes on his home. Home is worth about $450,000.
Most of it is for school taxes.
I do and have for over 20 years.
I have a relative who pays $19,000 a year in property taxes for a home in Lynbrook, in Nassau County on Long Island, NY.
The home has been in the family since the 1950’s, and it is not a mansion.
Sadly...I do. Of the $15K/year we pay, $12K goes to the school district. The next highest line item is the police department, at a paltry $1400/year.
We are in Suffolk County, Long Island NY. The house is a 4BR cape, on 1/3 acre, and is worth about...oh...$450K maybe.
Regards,
PS: And we did not (and would not) send our kids to the public schools.
New Jersey pays over $10,000, but since they just take it off their federal taxes, you and I have to pay more federal taxes.
We in the lower SALT (State and Local Tax) States subsidize the high SALT States like New Jersey.
People in liberal states.
We escaped one, thank God.
But our taxes in Texas were over 3%, so some states with no sales tax have confiscatory property taxes.
Who pays 10 f-ing grand a year in property taxes?
Seriously?.. I reside on Long Island.My property taxes are $11500, and I am living in a modest home. My taxes are lower than quite a few neighborhoods around me. Hope you were being sarcastic.
I do here in Williamson County, Texas.