Montana man begs for moratorium on property taxes after paying 8K ‘to live in our own house’

[eagle1462010]

That's quite an ironic statement coming from someone who just suggested that you redistribute this man's tax burden onto other people, isn't it? Whereas I, in fact, advocated he be responsible for his own situation, the actual conservative argument.

Don't use words you don't understand.

How about not raising the damn taxes from $730 to $8000.

Thats BS.

Again you show your true colors.

 

[Dont Taz Me Bro]

well as long as the tax man and banks get their take who really cares about the average family,,

I'm not intimately familiar with the tax structure or revenue coffers of Montana seeing as how I don't live there. Is there waste in the government? Probably. Could taxes probably be lower if they rooted out waste and inefficiency? I don't doubt it.

Is there a place that isn't like that?

 

[Dont Taz Me Bro]

Not necessarily.

How home has increased in value. We'll be retiring in a couple of years and the kids are grown and on their own. We'll be able to sell this home, downsize, and pay cash for a smaller place. No mortgage and lower property taxes.

On the other hand if we don't sell. We will own the home, which if we didn't, then we would have to (a) either buy another place or (b) pay rent.

The cost to rent is typically much higher than home ownership (assuming you actually own the home and not the bank).

WW

Bingo

Exactly what we did, except we aren't retired. We just didn't need that large of a house anymore with my son being gone.

 

[eagle1462010]

Not necessarily.

How home has increased in value. We'll be retiring in a couple of years and the kids are grown and on their own. We'll be able to sell this home, downsize, and pay cash for a smaller place. No mortgage and lower property taxes.

On the other hand if we don't sell. We will own the home, which if we didn't, then we would have to (a) either buy another place or (b) pay rent.

The cost to rent is typically much higher than home ownership (assuming you actually own the home and not the bank).

WW

Same way the Globalist wiped out the private farmers to the big boys.

1000% raise of taxes by corrupt politicians. Probably handing it out to illegals while stealing elderly homes.

Whats next. Knock their cain out watch them fall?

 

[progressive hunter]

Not necessarily.

How home has increased in value. We'll be retiring in a couple of years and the kids are grown and on their own. We'll be able to sell this home, downsize, and pay cash for a smaller place. No mortgage and lower property taxes.

On the other hand if we don't sell. We will own the home, which if we didn't, then we would have to (a) either buy another place or (b) pay rent.

The cost to rent is typically much higher than home ownership (assuming you actually own the home and not the bank).

WW

in the 15 yrs I worked directly with realtors in the 90s and early 2000s I saw a lot of people gravy dog it and walk away with several hundred thousand dollars after just a few yrs,, my in laws are one of them,,

the realtors would get mad at me for saying this is crazy and cant last,, and low and behold we had the crash of 08,,

if you step back and look at the big picture you will realize this harms more people than it helps,,

and the ones that really benefit are the tax man and banks,,

best to pay a gang banger to drive through every few months shooting into the air to keep property values low,,

 

[Mr Natural]

It’s the work-from-homers who are moving to the countryside and now want schools for their kids and paved roads and crap like that.

That stuff all costs money.

 

[progressive hunter]

Bingo

Exactly what we did, except we aren't retired. We just didn't need that large of a house anymore with my son being gone.

greed is a fickle bitch,,

 

[1srelluc]

That's quite an ironic statement coming from someone who just suggested that you redistribute this man's tax burden onto other people, isn't it? Whereas I, in fact, advocated he be responsible for his own situation, the actual conservative argument.

Don't use words you don't understand.

He did nothing to "put" himself into that situation other than simply live in his home....Perhaps you should step down off your fuckin' high horse Mr. Taking Forever To Pay Off Your Student Loans guy.

 

[Dont Taz Me Bro]

He did nothing to "put" himself into that situation other than simply live in his home....

Changes nothing that I said. His home, his responsibility. And how do you know he didn't put himself in that situation? You don't know who or what he voted for over the years, do you? You don't know how he has managed his personal finances over the years, do you? He lives in a desirable area. This was already explained. The idea that other people should have to take on the responsibility of his burden when he's sitting on a million dollar pot is YOUR socialist argument, not mine.

Perhaps you should step down off your fuckin' high horse

Pot meet kettle.

Have a nice day.

 

[1srelluc]

Changes nothing that I said. His home, his responsibility. He lives in a desirable area. This was already explained. The idea that other people should have to take on the responsibility of his burden when he's sitting on a million dollar pot is YOUR socialist argument, not mine.




Pot meet kettle.

Have a nice day.

How is he responsible that his home increased in value? Maybe he did not vote hard enough?

It's basically taxing unrealized gains.....Another leftist tome.....You are full of them.

 

[eagle1462010]

How is he responsible that his home increased in value? Maybe he did not vote hard enough?

It's basically taxing unrealized gains.....Another leftist tome.....You are full of them.

He's a leftist pretending to not be.

A Dang RINO No wonder he loves Nikki.

 

[initforme]

Step #1: Amend the Montana Constitution to remove "free" public education.

Step #2: Once the state is no longer responsible for public education, disband all public school systems in the state.

Step #3: Fire all school staff (teachers, administrators, secretaries, payroll, human resources, security, etc.)

Step #4: Enjoy the tax savings.
.
.
.
.
Seems pretty simple.

Montana could move to a totally private system where parents can choose to education their children (or not).

WW

Open up a private school and charge 25 grand per kid per year.

 

[Harpy Eagle]

I never understood why someone would want their property values to go up or considered their home as an investment,,

Because I only plan to live in it for about 5 more years, the more it goes up, the better. It is worth a little extra tax in the mean time

 

[progressive hunter]

Because I only plan to live in it for about 5 more years, the more it goes up, the better. It is worth a little extra tax in the mean time

and the next house you go to will also cost more,,
you could also get caught paying a higher price and the market falls out under you like 2008

not to mention the tax man and banker getting more,,

I want houses to be as cheap as possible,,

 

[WorldWatcher]

and the next house you go to will also cost more,,
you could also get caught paying a higher price and the market falls out under you like 2008

not to mention the tax man and banker getting more,,

I want houses to be as cheap as possible,,

Harpy Eagle is planning on retiring to a South American country at retirement. The money from selling his house will probably pay for a new place and leave a very hefty amount of cash left over.

Given the married deduction of $500,000*** for a couple selling their primary residence being income tax free (Harpy Eagle correct me on that) - the tax man won't get any of it.

*** The $500K deduction is for "profit" not sales price. So it's (Purchase Price - Selling Price = Profit). In other words you get to deduct the initial cost of the home before determining tax liability.

WW

 

[progressive hunter]

Harby Eagle is planning on retiring to a South American country at retirement. The money from selling his house will probably pay for a new place and leave a very hefty amount of cash left over.

WW

greed is a fickle bitch,,

 

[WorldWatcher]

greed is a fickle bitch,,

How is making sure you don't run into the same problem that the gentleman in the OP is having being greedy.

It's taking care of your family by planning for your retirement finances.

My wife and I will be retiring probably next year. I finances indicate that our disposable income will be 70% greater than our current working disposable income. Our chance of losing out house because we can't pay the taxes is 0%. That's not greed.

WW

 

[progressive hunter]

How is making sure you don't run into the same problem that the gentleman in the OP is having being greedy.

It's taking care of your family by planning for your retirement finances.

My wife and I will be retiring probably next year. I finances indicate that our disposable income will be 70% greater than our current working disposable income. Our chance of losing out house because we can't pay the taxes is 0%. That's not greed.

WW

the suck part is you have to figure in tax increases,,

to many low income people are already having a hard time as it is just to buy a house,, you get in and settled and then they dbl your taxs like they did to me last yr,,

I went from 1800 to almost 4000 in one increase,,

this whole thing is pricing people out of ever owning a decent house,,

 

[Harpy Eagle]

How about not raising the damn taxes from $730 to $8000.

Thats BS.

His tax rate did not change.

 

[Dont Taz Me Bro]

and the next house you go to will also cost more,,

You don't know that. You have no idea what she's going to buy next or where she is going to live.