alt Hacker NewsIt depends on the appreciation and in turn the property taxes. I own my house outright. Completely paid off. But the increases in property taxes is forcing us to sell and move, likely in the next 5 years. Too bad, love the neighborhood and the area.
It depends on the appreciation and in turn the property taxes. I own my house outright. Completely paid off. But the increases in property taxes is forcing us to sell and move, likely in the next 5 years. Too bad, love the neighborhood and the area.
I don't understand. The increase in property tax is forcing you to sell? How much percent is the property tax? Alternatively won't you make a windfall in the sale (I assume property tax only go up when the value goes up)