Coin Community Family of Web Sites
300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer Shop for APMEX Bullion on eBay!Specializing in Modern Numismatics Shop CCF Members on eBay!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Rental Property Taxes

To participate in the forum you must log in or register.
Author Previous TopicReplies: 17 / Views: 2,021Next Topic
Page: of 2
Pillar of the Community
Hollywood's Avatar
United States
1228 Posts
 Posted 01/02/2009  6:36 pm Show Profile   Bookmark this topic Add Hollywood to your friends list Get a Link to this Message Number of Subscribers
Valued Member
United States
372 Posts
 Posted 01/02/2009  8:41 pm  Show Profile   Bookmark this reply Add mmerc20 to your friends list Get a Link to this Reply
That is beautiful!
Valued Member
Coinage's Avatar
Canada
159 Posts
 Posted 01/02/2009  8:44 pm  Show Profile   Bookmark this reply Add Coinage to your friends list Get a Link to this Reply
haha! Awesome!

I want to search that.
Edited by Coinage
01/02/2009 10:05 pm
Bedrock of the Community
BadThad's Avatar
United States
19930 Posts
 Posted 01/02/2009  9:02 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
LOLOLOLOL
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Valued Member
Norcal Jim's Avatar
United States
128 Posts
 Posted 01/02/2009  9:31 pm  Show Profile   Bookmark this reply Add Norcal Jim to your friends list Get a Link to this Reply
Sweet LOL
Moderator
Learn More...
jbuck's Avatar
United States
187582 Posts
 Posted 01/02/2009  9:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I posted this one a couple of weeks back, but in another topic that had the same "stick it to the man" type of story, so it probably got missed by some of you.


Quote:
Man Pays $21K Property Taxes In Coins

Not cents, but SBA dollars!
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 01/03/2009  12:32 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Never mind SBA's, I wanna see someone pay in Ikes!
Pillar of the Community
KurtS's Avatar
United States
5318 Posts
 Posted 01/03/2009  12:36 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply

Quote:
One Floyd Knobs man paid his $21,000 tax bill...I want to let the legislature know that property tax owners for rental properties need some relief also," said Alford who owns 14 rental properties in southern Indiana.
14 properties...that figures, not too bad spread if he has all tenants. If he's just a flipper/speculator, I actually have little sympathy--his risk.
Many people in my overpriced burb pay that amount annually for their primary residence.
Still, that is funny.
Valued Member
Coinage's Avatar
Canada
159 Posts
 Posted 01/03/2009  03:34 am  Show Profile   Bookmark this reply Add Coinage to your friends list Get a Link to this Reply
His coins were wrapped and in boxes straight from the bank. He should have unrolled all the coins and threw them in money bags... that would keep them busy for a little while.
Pillar of the Community
trdhrdr007's Avatar
United States
2335 Posts
 Posted 01/03/2009  10:40 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
The guy may have a legitimate complaint. I used to own rental properties in the next county over from mine. It's a pretty poor county & they decided the best way to raise revenue was to increase property tax. They couldn't raise the millage rate(%) without a vote by the citizens, so they did it by raising the tax appraised value of the property every year.

I wouldn't have had a problem with that, except the tax appraisal values were as much as 50% more than you could sell the property for. Nothing worse than paying tax based on an inflated value. I have heard from other investors that the same thing has been happening in their locale.
Moderator
Learn More...
jbuck's Avatar
United States
187582 Posts
 Posted 01/03/2009  9:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Never mind SBA's, I wanna see someone pay in Ikes!
And I want to be there playing middle man!
Valued Member
United States
429 Posts
 Posted 01/03/2009  9:52 pm  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
Coinage, I am with you, but I think I would take it in at the very last day just before closing time so everyone had to stay and count it for me. Then to be a real jerk, I would have them count it again.
Pillar of the Community
manila galleon trade's Avatar
Spain
1361 Posts
 Posted 01/03/2009  10:07 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply
To make them count again you should give them $100 short of the amount and they will need to count it again.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/23/2009  5:40 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
In Ahia, if properties are re-eealuated higher, taxes are lowered so that the total collected is still the same.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 03/23/2009  6:49 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Pay in pennies, and make sure there are some canadian ones in there
Pillar of the Community
snowman's Avatar
United States
1840 Posts
 Posted 03/23/2009  8:15 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
He's not sticking it to "the man". He's sticking it to the town/city clerk and local sheriff. They are the ones he's making extra work for. At the end of the day "the man" still took his pound of flesh.

I've said it before and I'll say it again, just because you have the right to do something, doesn't make doing it right.
  Previous TopicReplies: 17 / Views: 2,021Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.38 seconds to rattle this change. Forums