Posted: 11/6/2012 7:55:11 AM EDT
| Something must be done about the property tax laws in our state, especially King county and others. My mother in law lives in Seattle and her taxes on her home are now more than her mortgage payment, and there set to rise again for 2013. They use levy codes to go around the constitutional limit of 1%, the loopholes must be closed. |
Jay, and his people, will be sure to add more taxes .
Well maybe fee's, since he swore that he would not raise taxes, yeah right. I am sure that there will be some sort of income tax proposals that come about, at first it will only be for the "rich" but that will change over time to include all the people that are not part of the FSA. |
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I am sure that there will be some sort of income tax proposals that come about, at first it will only be for the "rich" but that will change over time to include all the people that are not part of the FSA. This. Big time. Just remember that they will try to sell it with lowering the sales tax. What they won't tell you is that the sales tax will ramp back up after a couple of years. |
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How much worse than $15000 a year could it get?  The assessed value of your property is over 1 million dollars?  Properties... it is only 1.1...you should have seen it in '08... I think it was 1.6... ...I knew they should have been sold then, or at least one, then the other would have been paid out...
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| This happens everywhere, every state, every county. I'm sorry, but that's the game as property values increase. Look at the bright side, that means you mom probably has some serious equity in the property. My suggestion, sell and move to somewhere more in her property tax price range. |
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This happens everywhere, every state, every county. I'm sorry, but that's the game as property values increase. Look at the bright side, that means you mom probably has some serious equity in the property. My suggestion, sell and move to somewhere more in her property tax price range. The tax range is managable and besides, it just keeps going lower as the land value goes back DOWN...Who would complain though, less value, less tax,  ...And they dont make more land last I checked, just keep on dividing current land into smaller lots. 
ETA: what I meant by my previous post was that the properties should have been sold when they were assessed at 1.6 million...I think they could easily have sold for 1 Mil each...now the price would be about 600k each on the conservative side, which is still only a little under double of what they were bought for.
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