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URL:  https://boards.fool.com/rvquotltltbe-aware-that-here-in-vermont-if-34276339.aspx

Subject:  Re: Article for Vermonter Date:  8/19/2019  11:55 AM
Author:  telegraph Number:  21360 of 22174

RV:"<<Be aware that here in Vermont, if you own a home here AND elsewhere, so this is your second home, your tax rate here will be 50% higher! Yup.>>"

Yup, my sister gets screwed on the NY house, which happens to sit right on Lake George. It's her second home

In TX, for those over 65 or disabled, you get a $40,000 property tax exemption.

If it is your primary residence, you get a 20% reduction in the 'appraised value' as a Primary Homeowner Exemption.

If you are over 65, your 'school part of ' taxes are frozen at the level they were when you turned 65. They are most of your tax bill.

If I just bought my house now at age 73 and it was a second home, my taxes would likely be 50% higher. Maybe even more.

In the past few years, my taxes have actually gone DOWN since Toyota built a billion dollars worth of taxable real estate here.......A few hundred bucks.


t.
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