 Property taxes (by Ken [NY]) Aug 14, 2011 4:32 PM
 Property taxes (by Roy [AL]) Aug 14, 2011 5:02 PM
Property taxes (by Reid [KS]) Aug 14, 2011 5:03 PM
Property taxes (by 574-Brad [IN]) Aug 14, 2011 5:05 PM
Property taxes (by in [IN]) Aug 14, 2011 5:19 PM
Property taxes (by RentsDue [MA]) Aug 14, 2011 5:19 PM
Property taxes (by RentsDue [MA]) Aug 14, 2011 5:21 PM
Property taxes (by ken [CA]) Aug 14, 2011 5:42 PM
Property taxes (by Reid [KS]) Aug 14, 2011 5:51 PM
Property taxes (by RA [NJ]) Aug 14, 2011 7:03 PM
Property taxes (by Peter [NY]) Aug 14, 2011 7:10 PM
Property taxes (by Sue [IL]) Aug 14, 2011 7:15 PM
Property taxes (by Janet [KY]) Aug 14, 2011 8:52 PM
Property taxes (by Dejay [TX]) Aug 15, 2011 4:33 AM
Property taxes (by WL [CA]) Aug 15, 2011 10:35 AM
Property taxes (by gevans [SC]) Aug 15, 2011 12:14 PM
Property taxes (by Suzanne [TX]) Aug 15, 2011 12:30 PM
Property taxes (by Suzanne [TX]) Aug 15, 2011 12:31 PM
Property taxes (by Ken [NY]) Posted on: Aug 14, 2011 4:32 PM
Message:
How much are average property taxes where you buy property?I have houses in upstate NY and an average 2 family in a city neighborhood including water,sewer and trash pickup city,county and school tax will run $3500-$5000 per year.We will collect $600-$750 per month rent from each flat.
--67.252.xx.xx |
Property taxes (by Roy [AL]) Posted on: Aug 14, 2011 5:02 PM
Message:
Ken,
In December 2010, I paid $2,500.00 in property taxes and that covered 10 rental houses with average rents of $530.00/month.
Insurance for those same houses avergaged about $4,000/year. --76.18.xxx.xxx |
Property taxes (by Reid [KS]) Posted on: Aug 14, 2011 5:03 PM
Message:
Average annual taxes on 17 houses are $249/tr --108.92.xx.xxx |
Property taxes (by 574-Brad [IN]) Posted on: Aug 14, 2011 5:05 PM
Message:
Single Family Homes... $800 - $1,300 / yr --66.228.xxx.xx |
Property taxes (by in [IN]) Posted on: Aug 14, 2011 5:19 PM
Message:
OK Brad, go ahead and drop on him how much rent you get....
Profit is always the bottom line... --67.175.xxx.xx |
Property taxes (by RentsDue [MA]) Posted on: Aug 14, 2011 5:19 PM
Message:
My newer two families in Western Mass. cost about $3600.00-$4000.00 year including the sewer , water and trash fees. But, they are taking in $1100.-1200. month. Multis in commercial district are higher . But, more units so more rent coming in. --66.189.xxx.xxx |
Property taxes (by RentsDue [MA]) Posted on: Aug 14, 2011 5:21 PM
Message:
Meant two families are taking in $1100.00-1200.00 month per apartment. --66.189.xxx.xxx |
Property taxes (by ken [CA]) Posted on: Aug 14, 2011 5:42 PM
Message:
$1000. per year (ea.) on 4-bedroom houses that rent for $3000. per month. We are
covered under Prop 13. --98.108.xxx.xx |
Property taxes (by Reid [KS]) Posted on: Aug 14, 2011 5:51 PM
Message:
That's $249 / Yr per place( property taxes). All utilities are up to the tenants --108.92.xx.xxx |
Property taxes (by RA [NJ]) Posted on: Aug 14, 2011 7:03 PM
Message:
$7,000+ a Year on a duplex. Rents $1,150.00 each per month.
Single family homes depend on where you are and multi's are higher. --173.72.xx.xxx |
Property taxes (by Peter [NY]) Posted on: Aug 14, 2011 7:10 PM
Message:
about $40. per thousand outside village . $45 inside village. --96.238.xxx.xxx |
Property taxes (by Sue [IL]) Posted on: Aug 14, 2011 7:15 PM
Message:
Our SFH's in WI run $2600-3000 a year each. I have one smaller one in IL that is about $3200. We appealed last year and they reduced it $47, which was lost in the increase this year! The state of IL is in such a financial mess, that I'm not going to buy any more here. --76.224.xxx.xxx |
Property taxes (by Janet [KY]) Posted on: Aug 14, 2011 8:52 PM
Message:
In the city limits here, $1,300 per year tax for a three bedroom that rents for $500 per month.
--74.236.xxx.xxx |
Property taxes (by Dejay [TX]) Posted on: Aug 15, 2011 4:33 AM
Message:
Property tax in Tx is right around 3% of the homes value. --76.233.xxx.xx |
Property taxes (by WL [CA]) Posted on: Aug 15, 2011 10:35 AM
Message:
I know a duplex in downtown San Diego that pays $500 per year - thanks to Prop 13. --170.213.xxx.xxx |
Property taxes (by gevans [SC]) Posted on: Aug 15, 2011 12:14 PM
Message:
My SF brick houses are taxed at $1300-$1600/year.
Rents are $825 and $850
--141.129.x.xx |
Property taxes (by Suzanne [TX]) Posted on: Aug 15, 2011 12:30 PM
Message:
Dejay is correct for TX. I pay WAY more property tax on my duplex in Texas than my single family house in CA--3 times as much in dollar terms but the properties appraise for about the same. That is WITH a homestead exemption!! My little SFH in Houston without the exemption is worse--appraises for less but the taxes are more!
No state income tax in TX. But they take it out of you in other ways.
I think high end properties will not cash flow at all in TX unless you get them for 40% or less of ARV!! Best to have the toughness and guts to go for the medium-to-low and low market in TX, if you are full-time landlord. I'm not and I wouldn't. But I do know many in that market who do flourish. You have to have a really good eye for neighborhoods, and don't believe the guru stuff about buying sight unseen. --168.7.xxx.xxx |
Property taxes (by Suzanne [TX]) Posted on: Aug 15, 2011 12:31 PM
Message:
Dejay is correct for TX. I pay WAY more property tax on my duplex in Texas than my single family house in CA--3 times as much in dollar terms but the properties appraise for about the same. That is WITH a homestead exemption!! My little SFH in Houston without the exemption is worse--appraises for less but the taxes are more!
No state income tax in TX. But they take it out of you in other ways.
I think high end properties will not cash flow at all in TX unless you get them for 40% or less of ARV!! Best to have the toughness and guts to go for the medium-to-low and low market in TX, if you are full-time landlord. I'm not and I wouldn't. But I do know many in that market who do flourish. You have to have a really good eye for neighborhoods, and don't believe the guru stuff about buying sight unseen. --168.7.xxx.xxx |
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