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Happy Days are here again!
On Tue, 05 Dec 2017 15:16:37 -0500, John H
wrote: On Tue, 5 Dec 2017 20:09:38 -0000 (UTC), Bill wrote: John H wrote: On Tue, 5 Dec 2017 04:00:51 -0000 (UTC), Bill wrote: John H wrote: On Mon, 04 Dec 2017 14:28:40 -0500, wrote: On Mon, 04 Dec 2017 12:58:19 -0500, John H wrote: On Mon, 04 Dec 2017 10:46:09 -0500, wrote: On Mon, 04 Dec 2017 08:45:01 -0500, John H wrote: Got my Turbo Tax Home and Business CD. What a great early Christmas present! Wonder if all these tax changes have been incorporated. === Proposed changes are not law yet and won't affect 2017 taxes at all. --- This email has been checked for viruses by AVG. http://www.avg.com I know, I know...darn it. Would have liked to see the impact. According to our resident tax cheat I'll be poor. Oh well. === Unless you have a *lot* of deductions you'll probably come out ahead by a little. Well, I do live in a high property and income tax state. So do I. But I am limited on the property tax deduction because of prop 13 and owning the house for almost 40 years. I wish! Ours are over $7200 this year, and this ain't no mansion! My taxes are $2700 on a $1.3 million house. My house is about half that with over two and a half times the property tax. Unreal. === You're still getting off easy. Our old house in the north east was worth somewhere around $800K when we move out 14 years ago. At that time taxes were approaching $20K, and that is after we had negotiated a 10% decrease. |
Happy Days are here again!
John H wrote:
On Tue, 5 Dec 2017 20:09:38 -0000 (UTC), Bill wrote: John H wrote: On Tue, 5 Dec 2017 04:00:51 -0000 (UTC), Bill wrote: John H wrote: On Mon, 04 Dec 2017 14:28:40 -0500, wrote: On Mon, 04 Dec 2017 12:58:19 -0500, John H wrote: On Mon, 04 Dec 2017 10:46:09 -0500, wrote: On Mon, 04 Dec 2017 08:45:01 -0500, John H wrote: Got my Turbo Tax Home and Business CD. What a great early Christmas present! Wonder if all these tax changes have been incorporated. === Proposed changes are not law yet and won't affect 2017 taxes at all. --- This email has been checked for viruses by AVG. http://www.avg.com I know, I know...darn it. Would have liked to see the impact. According to our resident tax cheat I'll be poor. Oh well. === Unless you have a *lot* of deductions you'll probably come out ahead by a little. Well, I do live in a high property and income tax state. So do I. But I am limited on the property tax deduction because of prop 13 and owning the house for almost 40 years. I wish! Ours are over $7200 this year, and this ain't no mansion! My taxes are $2700 on a $1.3 million house. My house is about half that with over two and a half times the property tax. Unreal. Our taxes are a little over 1%of the assessed value. Is 1%plus any extra bond repayments and local fees we have voted for. Assessed value can increase 2% a year. I paid $138.5k in 1979. Was an expensive house then. |
Happy Days are here again!
On 12/5/2017 3:16 PM, John H wrote:
On Tue, 5 Dec 2017 20:09:38 -0000 (UTC), Bill wrote: John H wrote: On Tue, 5 Dec 2017 04:00:51 -0000 (UTC), Bill wrote: John H wrote: On Mon, 04 Dec 2017 14:28:40 -0500, wrote: On Mon, 04 Dec 2017 12:58:19 -0500, John H wrote: On Mon, 04 Dec 2017 10:46:09 -0500, wrote: On Mon, 04 Dec 2017 08:45:01 -0500, John H wrote: Got my Turbo Tax Home and Business CD. What a great early Christmas present! Wonder if all these tax changes have been incorporated. === Proposed changes are not law yet and won't affect 2017 taxes at all. --- This email has been checked for viruses by AVG. http://www.avg.com I know, I know...darn it. Would have liked to see the impact. According to our resident tax cheat I'll be poor. Oh well. === Unless you have a *lot* of deductions you'll probably come out ahead by a little. Well, I do live in a high property and income tax state. So do I. But I am limited on the property tax deduction because of prop 13 and owning the house for almost 40 years. I wish! Ours are over $7200 this year, and this ain't no mansion! My taxes are $2700 on a $1.3 million house. My house is about half that with over two and a half times the property tax. Unreal. Add another zero to Bill's tax and you'd be very close to what we were paying every year for the house we sold in 2016. Market value was about the same. Our real estate tax for 2016 was about $23,000. |
Happy Days are here again!
John H Wrote in message:
On Tue, 5 Dec 2017 20:09:38 -0000 (UTC), Bill wrote: John H wrote: On Tue, 5 Dec 2017 04:00:51 -0000 (UTC), Bill wrote: John H wrote: On Mon, 04 Dec 2017 14:28:40 -0500, wrote: On Mon, 04 Dec 2017 12:58:19 -0500, John H wrote: On Mon, 04 Dec 2017 10:46:09 -0500, wrote: On Mon, 04 Dec 2017 08:45:01 -0500, John H wrote: Got my Turbo Tax Home and Business CD. What a great early Christmas present! Wonder if all these tax changes have been incorporated. === Proposed changes are not law yet and won't affect 2017 taxes at all. --- This email has been checked for viruses by AVG. http://www.avg.com I know, I know...darn it. Would have liked to see the impact. According to our resident tax cheat I'll be poor. Oh well. === Unless you have a *lot* of deductions you'll probably come out ahead by a little. Well, I do live in a high property and income tax state. So do I. But I am limited on the property tax deduction because of prop 13 and owning the house for almost 40 years. I wish! Ours are over $7200 this year, and this ain't no mansion! My taxes are $2700 on a $1.3 million house. My house is about half that with over two and a half times the property tax. Unreal. Why so much? You should move to southern MD. I know a lady there who pays only $4, 055. -- ----Android NewsGroup Reader---- http://usenet.sinaapp.com/ |
Happy Days are here again!
On Wed, 6 Dec 2017 07:30:37 -0500 (EST), Justan wrote:
John H Wrote in message: On Tue, 5 Dec 2017 20:09:38 -0000 (UTC), Bill wrote: John H wrote: On Tue, 5 Dec 2017 04:00:51 -0000 (UTC), Bill wrote: John H wrote: On Mon, 04 Dec 2017 14:28:40 -0500, wrote: On Mon, 04 Dec 2017 12:58:19 -0500, John H wrote: On Mon, 04 Dec 2017 10:46:09 -0500, wrote: On Mon, 04 Dec 2017 08:45:01 -0500, John H wrote: Got my Turbo Tax Home and Business CD. What a great early Christmas present! Wonder if all these tax changes have been incorporated. === Proposed changes are not law yet and won't affect 2017 taxes at all. --- This email has been checked for viruses by AVG. http://www.avg.com I know, I know...darn it. Would have liked to see the impact. According to our resident tax cheat I'll be poor. Oh well. === Unless you have a *lot* of deductions you'll probably come out ahead by a little. Well, I do live in a high property and income tax state. So do I. But I am limited on the property tax deduction because of prop 13 and owning the house for almost 40 years. I wish! Ours are over $7200 this year, and this ain't no mansion! My taxes are $2700 on a $1.3 million house. My house is about half that with over two and a half times the property tax. Unreal. Why so much? You should move to southern MD. I know a lady there who pays only $4, 055. Their schools suck. Probably lots of bleed-over from the pedophile problem in Prince George County just up the road. |
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