- Joined
- Apr 6, 2004
- Messages
- 24,171
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
Just the one...That's a lot! How much property do you own there?
Some states give some sort of property tax exemption to a primary residence. My sisters both live in Vermont, and they pay a lower rate on their homes than they do on other property, including in one case a second home. I believe Florida also charges a higher rate to non-residents as well.
As JMC noted, the money's got to come from somewhere. Here in N.H. we have neither a sales nor an income tax, so our property taxes are on the high side (though not appreciably more than those in Vt., which has both). Lots of "user fees" too...can be pricey to register a new vehicle.
The zoning and setbacks have changed since I bought.
At the time of purchase the property could support 3 homes based on 5 acre minimum.
Now it's just the home that exists...
The county actually slightly lower the land value after the zoning changed...
BUT the county greatly increased the home value citing the new building restrictions.