Author Topic: Major property tax increase across north carolina (Read 7322 times)

Marty Champions · « **on:** February 12, 2019, 04:25:59 AM »

I got a crib that rents for a 1000$ and the property tax in2016 to 2018 was 900$

Now the tax is 1850$ aint shit u can really do except put in an appeal

It obviously means fuck all whos in charge

oldtimer1 · « **Reply #1 on:** February 12, 2019, 04:30:57 AM »

I pay over 8K a year in property taxes in NJ and that is considered dirt cheap.

Marty Champions · « **Reply #2 on:** February 12, 2019, 04:36:00 AM »

Quote from: oldtimer1 on February 12, 2019, 04:30:57 AM

I pay over 8K a year in property taxes in NJ and that is considered dirt cheap.

thats retarded the 1k rent house is in a good neighborhood also

Your 8k in property tax would kill any renting potential in your area

oldtimer1 · « **Reply #3 on:** February 12, 2019, 04:47:40 AM »

Quote from: Marty Champions on February 12, 2019, 04:36:00 AM

thats retarded the 1k rent house is in a good neighborhood also

Your 8k in property tax would kill any renting potential in your area

Most people pay over 10K in property tax in the NJ and NY area. Everyone is amazed at the salaries many make in the area from the south but they don't realize the mansion in North Caroline that costs 400K would cost 1.5 million in NJ. The cost of living is insane here. Don't get me going on the price of car insurance compared to the south.

Mr Anabolic · « **Reply #4 on:** February 12, 2019, 05:09:17 AM »

Tax increases are inevitable for every city/state across the country. The majority of state/government pension funds are very underfunded.

I read California Governor Fairy Newsom is planning to repeal Prop 13 and wants to raise RE taxes statewide. That will push even more businesses/jobs out of the state. Libtard asswipes are intent on destroying everything.

New Jersey governor Phil Murphy is planning to implement a "rain tax"... no joke. Guess what party he belongs to?
https://nypost.com/2019/02/09/new-jersey-wants-to-tax-the-rain/

Princess L · « **Reply #5 on:** February 12, 2019, 05:34:00 AM »

Quote from: Marty Champions on February 12, 2019, 04:25:59 AM

I got a crib that rents for a 1000$ and the property tax in2016 to 2018 was 900$

Now the tax is 1850$ aint shit u can really do except put in an appeal

It obviously means fuck all whos in charge

Doesn't matter what the property rents for. It's based on the assessed value of the property, so apparently that went up. Good luck with an appeal. Looks like a a lot of hoops to jump through.

"Property taxes in North Carolina are assessed by each county. Property is assessed at 100% of appraised value, which is determined every four years in Forsyth County. The 2017-2018 property tax rate for Forsyth County is $0.7235 per $100 of valuation."

http://forsyth.cc/Tax/assets/documents/BER_appeal_form_instr.pdf

Marty Champions · « **Reply #6 on:** February 12, 2019, 05:42:14 AM »

Quote from: Princess L on February 12, 2019, 05:34:00 AM

Doesn't matter what the property rents for. It's based on the assessed value of the property, so apparently that went up. Good luck with an appeal. Looks like a a lot of hoops to jump through.

"Property taxes in North Carolina are assessed by each county. Property is assessed at 100% of appraised value, which is determined every four years in Forsyth County. The 2017-2018 property tax rate for Forsyth County is $0.7235 per $100 of valuation."

http://forsyth.cc/Tax/assets/documents/BER_appeal_form_instr.pdf

no shit

IroNat · « **Reply #7 on:** February 12, 2019, 06:11:31 AM »

Lots of people are moving into NC so the taxes are going up to provide all the services.

Tapeworm · « **Reply #8 on:** February 12, 2019, 07:02:09 AM »

Doubling the tax sucks but at least you get to feel twice as represented.

dan18 · « **Reply #9 on:** February 12, 2019, 07:06:29 AM »

Quote from: Marty Champions on February 12, 2019, 04:25:59 AM

I got a crib that rents for a 1000$ and the property tax in2016 to 2018 was 900$

Now the tax is 1850$ aint shit u can really do except put in an appeal

It obviously means fuck all whos in charge

BOO FUCKIN HOO my mortgage payment is more then your taxes

Hypertrophy · « **Reply #10 on:** February 12, 2019, 07:09:59 AM »

Quote from: IroNat on February 12, 2019, 06:11:31 AM

Lots of people are moving into NC so the taxes are going up to provide all the services.

Taxes are per capita or per home so no need to double them. Just an excuse by government to grab more.

deadz · « **Reply #11 on:** February 12, 2019, 08:40:18 AM »

Quote from: Marty Champions on February 12, 2019, 04:25:59 AM

I got a crib that rents for a 1000$ and the property tax in2016 to 2018 was 900$

Now the tax is 1850$ aint shit u can really do except put in an appeal

It obviously means fuck all whos in charge

A couple less cases of Old English for you.

robcguns · « **Reply #12 on:** February 12, 2019, 09:07:11 AM »

Quote from: dan18 on February 12, 2019, 07:06:29 AM

BOO FUCKIN HOO my mortgage payment is more then your taxes

Same here and my taxes are 8500 in Mass.My dad pays 13000 yearly taxes in mass as well.Taxachusetts.

Does suck that they doubled it but still less than 200 a month.

Coach is Back! · « **Reply #13 on:** February 12, 2019, 11:43:43 AM »

Quote from: Marty Champions on February 12, 2019, 04:25:59 AM

I got a crib that rents for a 1000$ and the property tax in2016 to 2018 was 900$

Now the tax is 1850$ aint shit u can really do except put in an appeal

It obviously means fuck all whos in charge

Could be worse, I'm paying over $24K and Newsom wants to raise it. Now you know why people are fleeing this shit ran state.

robcguns · « **Reply #14 on:** February 12, 2019, 11:53:08 AM »

Quote from: Coach is Back! on February 12, 2019, 11:43:43 AM

Could be worse, I'm paying over $24K and Newsom wants to raise it. Now you know why people are fleeing this shit ran state.

24k,that’s pretty crazy

myt1 · « **Reply #15 on:** February 12, 2019, 11:53:41 AM »

Quote from: Coach is Back! on February 12, 2019, 11:43:43 AM

Could be worse, I'm paying over $24K and Newsom wants to raise it. Now you know why people are fleeing this shit ran state.

Break that down monthly, and people here who bought a $150-200K home here 5+ years ago (a nice new home here, 3 beds and 2+baths w/finished basement) are paying that amount or less for their mortgage payment depending on down payment made.

myt1 · « **Reply #16 on:** February 12, 2019, 11:58:21 AM »

Quote from: myt1 on February 12, 2019, 11:53:41 AM

Break that down monthly, and people here who bought a $150-200K home here 5+ years ago (a nice new home here, 3 beds and 2+baths w/finished basement) are paying that amount or less for their mortgage payment depending on down payment made.

Actually, I wanted to make sure I was right about this so I went to bankrate's mortgage calculator. $0 down on a 30yr mortgage for a $200K home is only $1420 monthly. Property taxes would add about another $200-300 per month, so still less with nothing down.

robcguns · « **Reply #17 on:** February 12, 2019, 12:16:53 PM »

Quote from: myt1 on February 12, 2019, 11:58:21 AM

Actually, I wanted to make sure I was right about this so I went to bankrate's mortgage calculator. $0 down on a 30yr mortgage for a $200K home is only $1420 monthly. Property taxes would add about another $200-300 per month, so still less with nothing down.

Isn’t he talking 24k in taxes not mortgage?

Coach is Back! · « **Reply #18 on:** February 12, 2019, 12:21:24 PM »

Quote from: robcguns on February 12, 2019, 12:16:53 PM

Isn’t he talking 24k in taxes not mortgage?

Property tax

Primemuscle · « **Reply #19 on:** February 12, 2019, 12:31:57 PM »

Quote from: Marty Champions on February 12, 2019, 04:25:59 AM

I got a crib that rents for a 1000$ and the property tax in2016 to 2018 was 900$

Now the tax is 1850$ aint shit u can really do except put in an appeal

It obviously means fuck all whos in charge

That's a heck of an increase. Oregon property taxes are limited to no more than a 6% annual increase. However, property tax levies vary depending on what gets voted in. Pass a levy requires a greater than 50% vote, based on the number of registered voters, to pass. My home is appraised at $525,000 in 2016. The property tax is currently right around $6,000 a year.

myt1 · « **Reply #20 on:** February 12, 2019, 02:24:06 PM »

Quote from: Princess L on February 12, 2019, 05:34:00 AM

Doesn't matter what the property rents for. It's based on the assessed value of the property, so apparently that went up. Good luck with an appeal. Looks like a a lot of hoops to jump through.

"Property taxes in North Carolina are assessed by each county. Property is assessed at 100% of appraised value, which is determined every four years in Forsyth County. The 2017-2018 property tax rate for Forsyth County is $0.7235 per $100 of valuation."

http://forsyth.cc/Tax/assets/documents/BER_appeal_form_instr.pdf

What?

Did you mean to type $.07235? $.7235 per $100 would = $72,350 in taxes on a $100,000 home....which I'm assuming would be a pile of shit.

myt1 · « **Reply #21 on:** February 12, 2019, 02:31:26 PM »

Quote from: robcguns on February 12, 2019, 12:16:53 PM

Isn’t he talking 24k in taxes not mortgage?

Yes, my point was if you divided his $24K in taxes (for his sake I hope that's yearly) by 12 months it is $2,000 per month. People here have nice homes like I described, and their mortgage payment is less than that....even if they did no money down. *the time of purchase prices I mentioned would be worth about $50k more now, but their loan is locked in.

kh300 · « **Reply #22 on:** February 12, 2019, 02:39:03 PM »

In NY I pay double every month on property taxes then I do more mortgage. But its ok because our schools are failing, our roads are shit, the state is one of the highest in debt.

SOMEPARTS · « **Reply #23 on:** February 12, 2019, 02:47:15 PM »

Quote from: oldtimer1 on February 12, 2019, 04:30:57 AM

I pay over 8K a year in property taxes in NJ and that is considered dirt cheap.

Let's be honest - if you still live in NY/NJ it's your own fault. They've been telegraphing this insanity for a long, long time.

https://nypost.com/2019/02/09/new-jersey-wants-to-tax-the-rain/

robcguns · « **Reply #24 on:** February 12, 2019, 02:50:15 PM »

Quote from: myt1 on February 12, 2019, 02:31:26 PM

Yes, my point was if you divided his $24K in taxes (for his sake I hope that's yearly) by 12 months it is $2,000 per month. People here have nice homes like I described, and their mortgage payment is less than that....even if they did no money down. *the time of purchase prices I mentioned would be worth about $50k more now, but their loan is locked in.

Agreed,didn’t understand why you were saying.