How much is your monthly mortgage.... | |
Shadow Dance
User ID: 59490123 United States 12/13/2019 11:39 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 In Colorado, if you are 60 yo and have owned the property for ten years, you don't have to pay property taxes any more ... so - yes, in some states, you actually do own your property, with no ties to the state ... nanny nanny boo boo |
Anonymous Coward User ID: 26871372 United States 12/13/2019 11:44 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 In Colorado, if you are 60 yo and have owned the property for ten years, you don't have to pay property taxes any more ... so - yes, in some states, you actually do own your property, with no ties to the state ... nanny nanny boo boo There is something similar in California but the unpaid tax is still accrued and must be paid back when you die or sell. I doubt it's a free lunch in Colorado either but that's great if it is |
Anonymous Coward User ID: 78186200 United States 12/13/2019 11:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 64586599 United States 12/13/2019 11:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77119396 United States 12/13/2019 11:52 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. Mine is $5k/year...and the neighbors are insane by drinking the local water. It's all nuts. |
thetrickybigguy
User ID: 77585802 United States 12/13/2019 11:54 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. Mine is $5k/year...and the neighbors are insane by drinking the local water. It's all nuts. 800 a year property taxes on the condo Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
Lady Jayne Smith
Forum Administrator 12/13/2019 11:55 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. holy shit. do you own like 4000 acres or something. WOW!!!!!!!!!!!!! No. One acre, large house. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Anonymous Coward User ID: 77119396 United States 12/13/2019 11:57 AM Report Abusive Post Report Copyright Violation | |
))) CHL2T (((
User ID: 77263290 United States 12/13/2019 11:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77119396 United States 12/13/2019 11:58 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. holy shit. do you own like 4000 acres or something. WOW!!!!!!!!!!!!! No. One acre, large house. She saved money with a no tattoo, policy. |
Lady Jayne Smith
Forum Administrator 12/13/2019 11:59 AM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. Mine is $5k/year...and the neighbors are insane by drinking the local water. It's all nuts. 800 a year property taxes on the condo Our condo is $6K per year, but it is oceanfront, and is short term rented more often than not ..... so ... it pays for itself. The house in Northern Virginia is another $14K in taxes, but again, it is long term leased and operates in the green. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Lady Jayne Smith
Forum Administrator 12/13/2019 12:00 PM Report Abusive Post Report Copyright Violation | ... Quoting: Lady Jayne Smith Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. holy shit. do you own like 4000 acres or something. WOW!!!!!!!!!!!!! No. One acre, large house. She saved money with a no tattoo, policy. True Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Anonymous Coward User ID: 78246572 United States 12/13/2019 12:02 PM Report Abusive Post Report Copyright Violation | |
thetrickybigguy
User ID: 77585802 United States 12/13/2019 12:04 PM Report Abusive Post Report Copyright Violation | You know I've never been married so no worries. I've been waiting for you to score the mansion in so be what's taking so long? Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
thetrickybigguy
User ID: 77585802 United States 12/13/2019 12:06 PM Report Abusive Post Report Copyright Violation | ... Quoting: Lady Jayne Smith Property tax is INSANE. We pay ~$19,000 a year in real estate taxes on our primary. Mine is $5k/year...and the neighbors are insane by drinking the local water. It's all nuts. 800 a year property taxes on the condo Our condo is $6K per year, but it is oceanfront, and is short term rented more often than not ..... so ... it pays for itself. The house in Northern Virginia is another $14K in taxes, but again, it is long term leased and operates in the green. Holy shit those are some heavy numbers every year LJ. Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
Anonymous Coward User ID: 73364948 United States 12/13/2019 12:09 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77119396 United States 12/13/2019 12:09 PM Report Abusive Post Report Copyright Violation | |
))) CHL2T (((
User ID: 77263290 United States 12/13/2019 12:12 PM Report Abusive Post Report Copyright Violation | |
Lady Jayne Smith
Forum Administrator 12/13/2019 12:14 PM Report Abusive Post Report Copyright Violation | ... Quoting: pool Mine is $5k/year...and the neighbors are insane by drinking the local water. It's all nuts. 800 a year property taxes on the condo Our condo is $6K per year, but it is oceanfront, and is short term rented more often than not ..... so ... it pays for itself. The house in Northern Virginia is another $14K in taxes, but again, it is long term leased and operates in the green. Holy shit those are some heavy numbers every year LJ. The investment properties are in high rent areas, with a very high chance of serious price appreciation. The plan is to sell down the road, and make bank ... hopefully. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
thetrickybigguy
User ID: 77585802 United States 12/13/2019 12:16 PM Report Abusive Post Report Copyright Violation | You know I've never been married so no worries. I've been waiting for you to score the mansion in so be what's taking so long? My boyfriend is growing fond of me... Finally after all this time? Took him long enough huh. Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
Anonymous Coward User ID: 77983957 United States 12/13/2019 12:17 PM Report Abusive Post Report Copyright Violation | |
thetrickybigguy
User ID: 77585802 United States 12/13/2019 12:18 PM Report Abusive Post Report Copyright Violation | Our condo is $6K per year, but it is oceanfront, and is short term rented more often than not ..... so ... it pays for itself. The house in Northern Virginia is another $14K in taxes, but again, it is long term leased and operates in the green. Holy shit those are some heavy numbers every year LJ. The investment properties are in high rent areas, with a very high chance of serious price appreciation. The plan is to sell down the road, and make bank ... hopefully. Sounds like the plan is moving in the right direction good for you guys. Falling down is a part of life, getting back up is living. ~ Life is about choices, you get to make them each and every day of your life. ~ Capitalization is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse.~ Only in America... do we use the word 'politics' to describe the process so well: 'Poloi' in Greek meaning 'many' and 'tics' meaning 'bloodsucking creatures'.~ “When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.” If you're not a liberal at twenty you have no heart, if you're not a conservative at forty you have no brain. Winston Churchill |
Anonymous Coward User ID: 78246572 United States 12/13/2019 12:19 PM Report Abusive Post Report Copyright Violation | I'll just say this. For those who have strapped themselves in with gigantic mortgages, property taxes and insurance coverage. Keep in mind, nothing in life is guaranteed, especially when it comes to our health. We're all just one accident or unfortunate event away from catastrophic financial times. This is why I keep it real with $0 of debt (my humble abode is paid off with low taxes). $0 mortgage, $0 credit card debt, low tax and insurance burden. If anything unexpected happens to me, I can live on very little for a long time without worrying if my taxes will be covered. Capiche? I'm starting a new business in 2020. Even if I make a shit ton of money, I will live very modest and keep my insurance/tax burden very light. BIG homes require a lot of energy, a lot of upkeep, a lot of everything. Be humble and wise, keep life simple. |
Anonymous Coward User ID: 78247577 United States 12/13/2019 12:21 PM Report Abusive Post Report Copyright Violation | |
Galaxy500
User ID: 39939450 United States 12/13/2019 12:25 PM Report Abusive Post Report Copyright Violation | Just wondering because i noticed allot of peoples,mortgages are way different.... Quoting: Seeker of Knowledge Just curious.. Thats all.... It used to be $1,700 a month until buying another home for cash. Had no choice but to walk away from a never ending money pit. Commie Twitter Refugee GHETTR @GalaxyRose |
bloomburg syndrome User ID: 75335941 United States 12/13/2019 12:25 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75282507 United States 12/13/2019 12:28 PM Report Abusive Post Report Copyright Violation | |
Rev Woo-Woo
User ID: 78176490 United States 12/13/2019 12:32 PM Report Abusive Post Report Copyright Violation | You own nothing you are a tenant...look at your title...right to use...you can not sell the land...it is a registered deed to use....much like an automobile.... now you sell a toaster..outright because you paid the definitive tax to the state....tax collected are recording deeds at time of closing.....unless you have a land patent title or allodial title...sorry to be a buzzkill Quoting: Anonymous Coward 76770252 We have a Royal Land Patent with allodial title. Please share your story and knowledge My man is Hawaiian. Kuleana and Royal Land Patents were granted by King Kamehameha III in The Great Mahele of 1848. “If we are peaceful, if we are happy, we can smile and blossom like a flower, and everyone in our family, our entire society, will benefit from our peace.” Thich Nhat Hanh, Being Peace "But ask the animals, and they will teach you, or the birds in the sky, and they will tell you; or speak to the earth, and it will teach you, or let the fish in the sea inform you." - Job 12:7,8 "When the going gets weird, the weird turn pro." - Hunter S. Thompson revstargazer (at) hotmail.com |
Anonymous Coward User ID: 54497696 United States 12/13/2019 12:36 PM Report Abusive Post Report Copyright Violation | |
Seeker of Knowledge
(OP) User ID: 54789724 United States 12/13/2019 12:40 PM Report Abusive Post Report Copyright Violation | There is a perpetual mortgage called a PROPERTY TAX what most fail to understand. You paid of the loan on the structure the land is never yours! Quoting: Anonymous Coward 77701462 In Colorado, if you are 60 yo and have owned the property for ten years, you don't have to pay property taxes any more ... so - yes, in some states, you actually do own your property, with no ties to the state ... nanny nanny boo boo Wow, that's nice to know... Love that Seeker of Knowledge End the UN,THEN CIA,FBI,IRS,AND ALL THE OTHER ONES THAT IS WORKING TO UNDERMINE OUR COUNTRY... Trump 2020...KAG... May God Bless All with Goodwill and Love! |