Buy now, home prices will not go lower. If rates drop, you can refinance.

The government will have no choice but to print more notes and lower interest rates.

Well i think, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in return on investments.

this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

Finding financial advisors like Annette Marie Holt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

You are a genius. Revolving tax encroachment is what I call what you are describing.

​@@eprofessioAMEN!!!...100% EXTORTION!!!!

Facts

You definitely do sign and agree to it when you buy the home

You need to stop misinforming the public it’s called a “takings” which is fraud on its face if no commerce is occurring at the location being taxed and they take the property for back taxes allegedly owed; a business needs to be on the land being taxed for it to be justifiable; the county will claim “in-rem” jurisdiction when they have zero ownership or interest yet they get away with it because most do not read the law and get in their municipalities face about it and if more did that exact thing and started suing these municipalities for fraud then things would change; but you gotta know the language the definitions and the whole process inside and out to succeed; these fools been committing fraud for over 100 years as a matter of policy custom and practice yet the majority are too lazy to look the information up and study it to see what to am saying is the truth. A situs (a location or place of a business) needs to exist for a legitimate and legally justifiable tax is to be applied to property, otherwise it’s fraud on its face.

The tax burden is as fair as male patterned baldness, but there are strategies to minimize the impact. If you maximize your contributions to retirement accounts like IRAs or 401(k)s reduces your taxable income. Additionally, exploring tax-deductible business expenses, if applicable, can further lower your tax bill.

It's recommended to save at least 25% of your income in a 401k. Sonya Lee Mitchell taught me to estimate how much you should save based on your age and income. I've been with her for years now and her decades of experience in the markets translate to chunks of value in so may ways! She has upscaled my portffolio and even got me reading self help books haha

That's an intriguing outcome. How can I contact your Asset manager?

Google Sonya Lee Mitchell and do your research. She has portfolio management down to a science

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

exchanged hands, or if a major improvement has been done. but this is a new 'trend' they will do until someone stops them.

It makes sense to only be charged once like any other tax on something

Perhaps they should lower their prop values then

Well property taxes pay roads, schools, police, and justice system and so do not see how that can be financed any other way. To some degree you can vote on the decision makers and choose where you live.

@Greg-qw7xl you don't need property taxes to pay for those things. theres enough money. the root of the problem is you need a responsible government that operates within its financial means

It absolutely has.

@@MOstix13 If I said what I really wanted to, I'd be in trouble.

@@rdred8693 Hush, hush keep it down , down voices carry....

Has!? Any government that forces citizens to pay taxes, if they want to eat, drink, and shelter is oppressive in nature. It has always been oppressive, but now more than ever.

The government was always agresive.

That's basically how California property taxes work except they allow for a maximum 2% yearly increase regardless of how much your property value increases.

What about cash out refinances??

@@mrxman581 That's closer to how it should be.

@@MrStateoftheCity If you are trying to refinance, then you set yourself up for an appraisal imo.

Unfortunately, since the inflation of this economy, city service costs have skyrocketed and that plan wouldn't work. The tax base is what pays for the parks, the streets and so on.

Income tax makes way more sense than property tax.. Unless you know, the goal is to own nothing and be happy

Supposedly your net worth increases and if you flip the home, a profit can be generated.

@@Greg-qw7xl There is no actual cash unless you get a loan or 2nd mortgage. It is just made up value with no profit unless the owner sells. Kicking people out of their homes or stressing them out for greed, profit poor budgeting and political inability to obtain assistance to the county if needed is not exactly community. Yuck.

And the CONDITION of the home is what ACTUALLY determines the value, not "comperable" homes according to an investor stock "market". 😢

@@Greg-qw7xl if you own a lot of stock in a company and the value of that stock goes up 1500% in 10 years but you don’t sell anything, guess what happens? You don’t pay a penny in taxes because you didn’t sell anything. With property taxes you are paying more money for a house you have never even sold… that is a major issue and needs to be changed.

Well put! Never thought of it like that

It's an asset which you hold that is increasing in value, it's no different to capital gains tax or income tax. You could buy something for 50,000 and sell it for 300,000 and pay sod all on it in tax and make like 250,000 when you sell it...but if you worked for 250,000 in work income you'd be taxed ridiculously on it when they both income which is ridiculous.

Plus there's a 5% transfer tax when you sell it. Someone else buying a home in your neighborhood should not affect the value of your home if the home is not sold.

You sound like a Republican. Good for you on the tax issue.

My pest control business pays an estimated tax bill every 3 month. They basically estimate my earnings without any real numbers. This number, just like with property taxes, are basted off what other similar homes in the area have sold for in the last 6 months.

it means , streets , Parks , Police , Fire dept , schools , Gov etc. necessary to maintain your Safety and home values .

​@@timmaloney6441Fool Money is paper. All they have to do is print money for that not take from people and encourage hardship Some people really love these assholes in government.

​@@timmaloney6441and those funds could be acquired by other means. It still does not change the fact that you never truly own your home/property.

Paying taxes on something you own doesn't mean it's not yours.

@@kmo20794 Go without paying your property taxes and get back to me. 🤣😂

Sending it to Ukraine

@@ShadowsandCityLights That's our federal tax money... where is our property tax money? We get ripped off by the city, state, and federal government.

Yep

Mismanaging it. I don't know why citizens vote for people with no proven track record of handling money. I was in accounting most of my life and I managed small to medium sized businesses that were successful and I can prove it. I'm also at master at streamlining processes and saving companies money. I have a credit score of 780. I'm the type of person you vote for. Does anyone ever check out the people they vote for? Most people vote party line and so the answer is no.

@@IceLynne I almost feel like they're cheating in all elections. We don't have that many stupid people in society. Something is always too fishy.

I’m so sorry, that’s not right and you can be sure the real estate speculators had something to do with decreasing the ag exemption acreage. They are trying to buy up all the empty land everywhere in the country.

in Alabama my property tax went up from $78 to $150 a year because there building a new high school next door

No grandfather clause? That's BS sorry

I assume you made a lot of money on that sale.

You live in Texas?

How do you pay for schools, roads, etc? These things cost money.

Yes.

Yes, actually they do...and sometimes you get a surprise "refund" check. At least that's what they do here in Nevada. Not sure about other states.

I don't know, I live in Eastern North Carolina.Got a 3 bedroom ranch.Eighteen hundred square feet my tax is doubled and I live out in the country

Hopefully it doesn’t crash. I don’t own a home but. If 7.4% interest rates won’t crash it then higher unemployment is the only thing that will. Higher unemployment actually kills more people so we can’t hope for that

I seen it go down once but it was so minuscule that it seemed like nothing.

My Water Bill is Insane..I growing Stupid ?

The Boston coffee party

Agree.

Might need more than "No Step on Snek" flags this time, tho...

Who's going to lead the revolt?

Good point. Corporations do not pay tax on unrealized gains so why should people do for properties? There is no consistency in how laws are being applied.

@@divyapari9164 You are paying a tax on value not on unrealized gains.

​@@mgreg8134- A made-up value. You dress nice. Sure, it's jeans and a t-shirt, but I'll bet it costs. Hey. I think you owe me money. You can afford it. Look at you. I don't care. Find a way.

@@mgreg8134The value is estimated based on the appraisal done every year, which is unrealized gains. This is a gain that may not actually materialize when the asset is sold just like with stocks. So until a sale happens, the potential gain should not be part of the Taxable amount.

you could build a house for around $40,000 why is that same house priced at $400,000

Now imagine how ppl trying to buy homes feel. At least your mothers owns a home something no longer the case for younger generations

@@lithium25693 Very true! Look at all of the people who don’t have anywhere to live. They make fancy promises when they run for office (not calling out anyone in particular) and our homeless population has exploded. And they have the nerve to blame the very people they have caused to be homeless. 🤦‍♀️ Sorry about the soapbox- I love all people and the homeless deserve better. They are humans too. ♥️✌️

@@lithium25693 Can she keep the home with property taxes increasing so much each year? She is renting the home from the government.

@@safeandeffectivelol yes the government owns the land if you own your own land you would be a king not a citizen

@@lithium25693 If the government owns it, why did I have to pay someone else to buy it? Why isn't the government mowing the land? Why is it I can have someone trespassed on the government's land?

I bought my house in 2000 for $88,000. I promptly spent $30,000 on an addition, roof gutters, etc. Now in 2024 the tax people say my 1,200 square foot home is worth $600,000!! Of course my taxes have gone up and my home insurance has skyrocketed. I' m 78 years old, retired and a small income, but no one in local or state government cares or will even listen!

@@user-ip5dm6jf8k Welcome to the USSA. A lot of ppl Love this system until it bites them in the ass and all those times they had to fight back, they just laughed and thought it would never happen to them.

True of a lot of things. It's a priceless antique if you are trying to buy it and an old piece of crap if you have one to sell.

Yeah? But right now, the properties have been selling way above assessment values here. No end in site right now.

What do they care? The officials setting the "appraised" property values make 2x - 3x times the standard salaries within their districts. a.k.a.: it doesn't affect them in the slightest. Why?? Because property values aren't based on the owners' income. Give Democrats enough time and that will be the case. That is the same reason, I will never support the flat tax idea, as long as there isn't a constitutional amendment abolishing the standard income tax. What they will do is ACT as if they abolishing the federal income tax, then years later, reinstate the income tax, all the while, keeping the flat tax. We already pay taxes on our own hard-worked labor... then sales tax... then property tax... Where does it end?

Renting is for suckers 😂

You ain’t lying. My property taxes and insurance went up and I didn’t even know it. One month I’m paying one amount and then the next month a totally different amount. I may of received a letter about the increase, but who knows. I have to pay it anyway if I want a place to live.

It goes for everything cars included, starting to make sense why some people like being homeless it's as close to true freedom you can get in this jacked up world or at least here in the US. If you have to work to keep what you have, you are a slave..

Don't move in the "good neighborhoods " if you can't pay to live there.

In Florida a homestead can only increase 3% annually. One problem with that is foreign(out of state) owners file the same homestead claim yet do not live there. Cheating the community out of rightful taxes. So while out of state owners get the breaks, the locals have to make up the difference.

I think it's ridiculous any place could have a tax rate like that. You're basically paying rent to the government for your own property at that point

No state income tax equals high property tax. The same for Florida. You pay one way or another...

@@matthewmoore7447nope that’s what happens when you allow BIG corps to come here and NOT tax them, there is no reason people should be getting priced out there homes.

@@lyfeofbill2764 Tennessee has no income tax and super low property tax, we are one of the last free states left in the nation.

I do not agree.. In Miami Beach, where I live, with a homestead credit. The property taxes can go up no more than 3%.. Our streets are all fine here, with plenty of people workin for da city.. On a percentage basis, my taxes here are SO MuCH less than Wisconsin.. way less.. TN same thing .. sorry pal

It already is

This is the globalist plan of destruction. Just wait until they collapse the economy and you'll see these thing really skyrocket.

Everyone cries when criminals are set free by on the street by our judges then they cry when their taxes go up to build new prisons and jails to house the criminals, people need to learn to suck it up and pay your taxes or downsize into something more affordable.

Yup

Well, their motto is "You will own nothing and like it"

Yeah , but you still have to pay higher property taxes, if the value of your property increases. You can payoff your house and retire in it, but your property taxes can eat up your retirement pay. Then you will be elderly and have to sell your dream home.

That's how they base the amount of taxes you pay through. The more money they need the higher the value they place on your property

​@@jamesdannelly6760No. It's based on what your neighbor's house sold for. Tell your neighbors to sell their homes for less and you'll get lower property assessments.

@mrxman581 not in Florida. They determine how much money they need then access the taxes according to that. Has nothing to do with real-estate sales

It matters if you're cashing out equity

Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

Mind if I ask you to recommend this particular coach you using their service?

Finding financial advisors like Sonya lee Mitchell who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

Exactly!

how so they got voted in, this is america

The world economic forum. You will own nothing

Via rigged elections

Nope. Texans elected the representatives who set the tax laws. The only people at fault are Texan voters.

#BlackRock

And your 401 k is buying the land for the the fund holders….antitrust for sure🇺🇸☠️

Well said!!

You will own noting and be happy.

IMO as long as you have to pay property taxes you don't own anything. Don't believe me, don't pay you taxes and see who the real OWNERS are, hint hint it's NOT the bank.

yeah, it'll come in the form of dramatic rent increases...

You are so right! Unfortunately it's everywhere.

I think they'll let Trump become president before they crash it all down just so they'll have someone to blame it on.

It'll come in the wealth tax. They want you to own nothing.

Weffers ! You will own nothing

Yes, that is how it works in CA, thanks to Proposition 13.

Hear me out, there should be no property tax :/

​@@ablamill8357So how do you run a state? You guys don't pay personal income state taxes either. Running a huge state like Texas takes money.

​@@MD-ky4hoKind of. In California increases are limited to no more than 2% per year and several times it has been less. And, it's only fully reassessed at current market value when the title changes ownership. So, longterm owners have much lower property taxes than newer owners.

Nobody should be paying property tax on their personal residence.

You forgot interest rates

Also forgot, its nothing new!

I almost pay as much in insurance as my house payment now. 1200 payment. 800 insurance and taxes

Nothing new

Well, we have to afford to fight the devil's war.

Lol they dont want to educate kids that money goes into slush funds and civil servants somehow become millionaires

The police take it All. They need as many military TOYS as possible.

exactly!! I was explaining this to one of my colleagues. I used the analogy of having to pay income tax on the unrealized gains of your retirement account every year, then paying capital gains when you finally start selling your holdings.

It's fraud and unconstitutional

​@@kylereese1087The seller doesn't pay the property taxes when it's sold, the buyer does.

That's not analogous. Why? Because property taxes are used to run the state. A more appropriate analogy would be paying broker commissions based on the increase in your investment portfolio.

That's because there is no individual state income tax. Which ultimately puts the onus on long-term property owner retirees because they no longer have individual income to tax. So, retirees that have been in their home the longest are left with the shortest end of the stick. They're house rich, but cash poor.

That’s not how that works but keep telling everyone on the internet you have an opinion but not the knowledge.

That’s exactly how it works…….vote red🇺🇸

@@saythankyou111 it’s not, it’s absolutely not. The only people who do have that luxury are in congress & the ones who vote to raise their own pay are Republicans 🙄 The majority of government workers are on a pay scale that is predetermined. They have no negotiating power AT ALL nor can they enact a change to said pay structure.

@@saythankyou111 www.opm.gov/policy-data-oversight/pay-leave/pay-systems/general-schedule/

Best jobs in the world are gubbermint jobs. Being a Paid grifter is a nice career. Look at Washington DC, for example.

Big line at the library

Real estate listings in the area shows they're telling the truth.

so vote for someone else

@@robertmanley2687 here in seattle they are shutting down libraries, temporarily they say

make a law requiring county appraisers to purchase property at the full appraised value if the property owner wishes to sell. this will fix it because they would have to put their money where their mouth is

You left out local governments who benefit from the scam to provide raises to local government employees.

Everything's bigger in Texas. .. isn't that the saying?

World economic forum. You will own nothing 👁

No, they need money for the “migrants.”

​@@MD-ky4hoIt's You know it's Texas,or are you ignorant? Real estate taxes have always been high.

The jobs are going begging. Why not just take one? and get a defined pension. I see nothing wrong with admitting you are a loser at 45 and just taking something safe for yourself and your family. No need to get all whiney and jealous, just start applying.

The world economic forum. You will own nothing

Just build an apartment building and rent it out. Screw the government.

Your home benefits from city infrastructure which isn't free and needs to be maintained. That includes education, police, water, trash, sewer, and a whole bunch of other stuff.

@@mrxman581 Not sure how it is where you are, but the state I was in, all those services were taxed separately. The majority of property tax went to schools (and as a childless person, I have issues with having to pay and how that money is unevenly distributed - but that's another discussion). I'm also no longer in the city and if my property tax is spent on services, I have a very hard time seeing it as the dirt road to my home barely gets any attention and the fire department asks for a membership fee.

@@jabba334were the only country that taxes homeowners to fund education. We need to change that it’s the reason that education is so bad from one state to another

​@@mrxman581that could be addressed with sales taxes

@@mrxman581 We pay various other taxes besides property tax. Property tax need not be eliminated but making it a tax on unrealized gains is absurd. Corporations don't pay tax on unrealized gains so why should people pay tax on income they never got to see while taking on full speculatory risk??

The WEFFERS plan. 👁 you will own nothing

It's not arbitrary.

Who uses the library? Police? Yeah more cops write more traffic tickets and extort us more. This government needs to be reminded where their place is and its not over the people, it's for the people.

@@mrxman581 Right. They nail everybody at once.

Not seeing any of that. They just keep on increasing it.

yes they do, you're clueless

💯

@@slowery43 i have a house and when values went down years ago the taxes did not go down.

@@slowery43 They dont lower the taxes. Typically, if property values go down, the property tax percentage goes up.

Correct, when property values tanked in 2008, our property tax appraisal did not drop. It actually went up even thou home values were half they were.

Yup and the local city commissioners get to say "we haven't raised the tax rate. it's the same rate for the last few years". meanwhile the appraisal district runs cover for them by inflating property appraisals which have the same effect as raising the tax rate. but the politicians get to fool the folks by saying "its not us its the appraisal district". then the appraisal district says "were doing what the law tells us"

You're competing for ownership of your own home with future generations.

They also can drop when the market fixes it self.

@@channelofstuff6662 Except they don't automatically drop, you have to appeal in court for depreciation.

@@Misaka-gt5yj in california with a conventional loan it changes up and down depending on the market yearly.

exactly. My family lives in Texas and I'm not retiring there if I can help it.

Think of all the tax giveaways state government gives companies. Corporate welfare folks. Who do you think hires the illegal aliens? Corporations and small businesses. Aim your ire at them and the GOP who refuse to bring legislation on that matter. You all keep blaming Biden but Trump as shadow President dictates to Congress. Only the little people pay taxes while your billionaire oligarchs pay low tax rates. They through their media empire manipulate morons to vote against their own best interests time and time again. Stupid MAGA never cease to amaze me.

Same in Florida

Abbott and Desantis burn through the state coffers like no one is accountable but the taxpayers! Desantis took over the Disney district and created millions in NEW state payroll where there was NO cost to the taxpayers previously.. Abbott stunts at the border are costing Texans millions, when the Federal government does it for free!.. now local governments are following suit.. creating committees to ban books cost taxpayers $$$$.. elected and municipal employees have high jacked the taxpayer gravy train!

Stop paying taxes!

wtf

God damn

That’s f-cked 🆙

I always thought it was kind of funny to revolt against NOT having government overlords tax you. They actually fought to be taxed, but with local government representatives instead of one's from overseas. Boggles the mind.

Excellent idea! If they say it's worth so much, and then you see you have a huge repair bill, you should be able to stick them with dealing with the repairs, and cash out. After all, they're lying about how much they think the property is worth, so fair is fair.

Should have voted in a proposition based on the purchase price, not the appraised value.

Thats what I was laughing at when the legislature passed an increase in the homestead exemption. I was like "the appraisal district will just raise everyone's values by $100K which wipes out the exemption".

My mom bought her house in 1970 for $26,000. The smallest house near her home just sold for $1.1MM. She will never see the benefit. They should tax me not her.

not if you vote

@@HomeAloneGaming1 ROFL no candidate runs on raising taxes but they go up anyway. What has voting accomplished?

@@HomeAloneGaming1 Vote? LOL! Oh, you sweet summer child...

The hot market died 2 years ago. No one can qualify for a home loan these days.

In the real world we would call it a basic necessity, when something is vital to living. Not a hot market.

​@@kbrown5218 Four or five years ago land in my area was around 4 to 5,000 per acre. Now they are 35 to 40,000 per acre. As soon as they finish a house someone is moving in. Mind you i live in a small city in SC and i see alot of northern tags on cars moving in.

The world economic forum. You will own nothing.

Yea what can we do?

they couldnt vote you can

@@HomeAloneGaming1 our votes don’t make a damn difference anymore when congress does work for the American people anymore. Unfortunately. That would be great if they did.

Rigged elections mean taxation WITHOUT representation

​@HomeAloneGaming1 we did vote. We voted to lower the property tax rate. So they just increased the appraisal value.

​@@user-sf7lv4jm4cThis has nothing to do with Congress. This is a local Texas state issue.

migrants is federal, property taxes are local. nice try cockservative

U mean the ones that crossed the ocean 😂 YOURE right those migrants need those pensions

I thought Texas was taking your property tax to ship migrants outside Texas? Maybe Texas needs to stop sending them via first class.

Usury used to be against the law.

Only when it's applied to Elon Musk

When we say so

Your rigged elections mean taxation WITHOUT representation

😂😂😂 u guys won’t do shit…cowards.

Exactly, and what do we get for it? Trillions in debt, cash to other countries/wars, failing infrastructure and education.

It actually IS a kings tax, Charles that is. The last speech he gave concerning global issues was a pronouncement that govts. will be raising taxes to pay for the green agenda, which Charles is head of. We are paying the part of poorer countries to make up their shortfall and give the King his desired trillions for his global climate change garbage. If you don't believe this, LOOK IT UP. That is all.

And corporate welfare

I said the same thing.

Plus Ukraine and Israel....

Bingo! And the politicians in CA keep coming up with different Propositions to circumvent Prop 13.

Prop 13 is nearly gone. It only applies to original owners and doesn't transfer to your kids or next of kin. Buy a house, pay full property taxes and be subject to 1.9% increase every year. That's how it is here. It sucks when an average house is 1-3 million dollars.

@@life_of_riley88 Then enjoy having your personal wealth transferred to cop pensions in Texas!!

@@johnsmith1953x huh? I don't live in Texas? You mean cops that retire there? Yeah, pensions are insane here in California, it's a reform.

Florida had a similar law, it’s capped at 3% with homestead exemption. Florida’s average property tax is .91%, not bad for a state with no income or capital gains tax.

Grusome want to get rid of that from what I hear. Not all was lucky enough get in on that before the boom.

@@gcman1111 There is a lot of organized theft going on here in California, and as long as we have these people running our state into the ground, I bet they'll manage to screw up Prop 13 too. However, they're already finding new ways around that, and yeah, we haven't seen the worst yet... it's coming.

Florida has the same law as prop 13

@@gcman1111He can’t get rid of it. It has to be voted on by voters, and voters are not going to get rid of it. But I have to admit, the politicians keep coming up with other propositions to try and circumvent Prop 13.

I remember when that was voted in. Used to be a great state back then

That’s how it is in Tennessee. Assessment increases can’t be used to increase the budget, so the rate goes down.

Texas can't survive without taxation.