Skip to Content.
Sympa Menu

homestead - [Homestead] Property taxes

homestead AT lists.ibiblio.org

Subject: Homestead mailing list

List archive

Chronological Thread  
  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: [Homestead] Property taxes
  • Date: Thu, 22 Sep 2005 15:07:33 -0500


But, speaking of taxes, property to be exact, I know how California taxes
property but I wonder how other states determine property taxes. The reason I ask is that we've been wandering around the net looking at various properties and there really seems to be no consistancy or reason. For example, there were two places in Washington in the same county, same asking price, same age on the home and the taxes on one $685 and the taxes on the other, over $2,000. The same with some properties in Maine, Arizona and NM.
Is it just the roll of the dice?

Taxes are so complicated that it is the one issue I was unable to make a map or chart for in my Country Home book. Each state has its own idea of how it should be done. Some tax on sales price, others raise the original tax by a modest amount each new assessment period. Some states are truly fiscally conservative and others, especially those with large cities, tend to be liberal in spending and the rural properties get hid hard to help the cities stay afloat. Additionally, there are exemptions for veterans, low-income, homestead, and other. It's not a roll of the dice but it is an item that requires serious research to understand.






Archive powered by MHonArc 2.6.24.

Top of Page