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Just got my 2016 tax valuation... up 10%. I think they jacked it up about 10% last year too.
my house is now valued at double what I paid for it in 1996.
Apple below $100 after hours
Just got my 2016 tax valuation... up 10%. I think they jacked it up about 10% last year too.
my house is now valued at double what I paid for it in 1996.
mine went up 6.85%
I paid my house off in 2014, but prop taxes will go on forever...
Plenty of time to crap out again, but look where we are now...
The short term game is very tough for the little guy.
Take heart - I think they freeze forever (in Texas) when you turn 65(?)I paid my house off in 2014, but prop taxes will go on forever...
I only meant that you have to live somewhere so I don't count a home as an investment. If one downsizes, then one will get the difference in value unlike staying put or exchanging for similar property. But yes, home mortgage loan at 3+% is a bargain.
Oil Hits 2016 High After U.S. Crude Draw Report, Gasoline Rally
Source: Reuters
Read more: http://www.reuters.com/article/us-gl...-idUSKCN0XN02SCrude oil prices hit 2016 highs on Tuesday on the back of a rally in the gasoline market and after an industry group reported a surprise draw in U.S. crude stockpiles.
Brent and U.S. crude's West Texas Intermediate (WTI) futures finished regular trading about 3 percent higher, riding on the coattails of a gasoline rally that hit August highs after a series of refinery hikes.
In post-settlement trade, both benchmarks rose more than 4 percent after the American Petroleum Ins ute reported a drawdown of nearly 1.1 million barrels in U.S. crude inventories last week versus a 2.4 million-barrel build expected by analysts in a Reuters poll.
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"There's a possibility we could see newer highs from here, notwithstanding the EIA data, as the market is really fired up on the idea of tightening supplies," said John Kilduff, partner at New York energy hedge fund Again Capital.
New 2016 High at 42.62......
Well, it is like gambling - see my post from 1/13. NUGT (gold miners) was $17.40 on 1/18 and hit $91.93 on 4/21 - what a run. I've been TRYING to buy on the pull backs and sell on days it pushes up - it's a guessing game but it's paid off. Now, when to get out and find something cheap(er). The oil is getting better but still down - much harder as it's a supply issue, not just a change in sentiment.
Sounds so simple - buy low (in fear/out of favor) and sell high (in greed) - but hard in practice.
nope. valuation still goes up. Only school taxes freeze.
I stand corrected. About what %/mill rate are the school taxes? On the bright side, I guess he can see it as his house assessment has gone up 21% since 2 years ago. Doesn't help him though unless he downsizes.
Stock ticker: HOS
I'm in NEISD and local school tax is almost exactly half the bill.
That's not so bad then - something to look forward to and you Texans can deduct property tax from federal tax. Our property taxes are relatively low, but homeowner's insurance is very high - can't deduct that. Can't wait to pay off my house so I don't have to carry HO insurance - it's ridiculous here (over $4k with 5% windstorm deductible).
My property taxes on a $350,000 valuation are over $7200.
but there is a large Over 65 exemption that cuts down prop taxes quite a bit I think.
My property tax on $358k valuation is $9,600. NEISD gets $5,800. I do have an additional city tax in there as I live in an incorporated city within Bexar County with our own police and fire departments so that adds another $1800.
Wow - that's high. Aren't rents high in SA then? Miami is #4 in rent to income I think - behind NYC, LA and San Fran :-(
Property taxes are high for sure but offset by no state income tax. I'm Not sure about the rental market. There are not a lot of rental properties in my area.
You're probably in a good school district. Texas top 7? admission works against students in good schools though, doesn't it?
Actually yes it does. In the really good State schools like UT.
I feel your pain....property taxes need to be lower...
Property taxes were all we had originally. What we need is less government. I'm simply glad I don't get as much government interfering with my life as I pay for.
I feel like they're intruding too much recently as the SEC voted 3-1 to get rid of leveraged ETFs (like the aforementioned NUGT that's done so well for me). I guess they're trying to save me from myself - that I don't understand the risk I'm taking. Why don't they just butt out, let me take whatever risk with my money that I want and collect the taxes I make on these leveraged funds.
In places like San Antonio, Fiesta Texas and SeaWorld got off the lists for a long time. It was all on the homeowner and small businesses. Education and Health Care require large chunks of dough in Texas now that the State has shirked its responsibility in these areas. Go back to your article on that big oil company trying to persuade the school board in Port Isabel.
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