The property-taxes tag has no wiki summary.
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Property Tax Deduction in Illinois After Home Sale
We sold our condo last year in Chicago. Whether this is common knowledge or not, Illinois residents pay property taxes in arrears.
At the closing, the seller pre-pays a prorated amount of taxes for ...
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5answers
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What is the purpose of property tax?
I currently rent, but have been looking to buy a home. I always imagined how great it would be to have a dream home, worth, say, $500K, and to have it fully paid off. My thought was the only recurring ...
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2answers
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Decline In Value appeal (California property tax)
I received a come-on letter from a lawyer who wants to represent me in an appeal of my residential property tax assessment under California's Proposition 8 (enacted in 1978, concerning temporary ...
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2answers
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Total fees for buying a house in the U.K.?
I'm thinking about buying a house in the UK (England). It will cost a max of £120,000 GBP.
As an estimate, how much will all the fees total to, when put together?
And apparently for houses less ...
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4answers
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Do property taxes get deducted 100% from the Annual Tax Return or only a fraction of them?
Hi Personal Finance and Money,
My question comes from hearing people say that you should buy a house rather than rent because you can deduct all of your property taxes on you tax return.
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2answers
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How does expiration of special zone property taxes affect property values?
I've been thinking about investing in local real estate lately, and there's an unusual (to me) practice here of funding some of the city provided infrastructure (water, roads and lighting I guess) by ...
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4answers
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Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home?
I'm thinking about liquidating my Roth IRA and taking a loan out against my 401k to pay the property taxes my cancer stricken mom owes on her home. She's several years behind, and the county is ...
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3answers
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Tax implications of buying the vacant lot next door?
I live in Green Bay, WI in a newer development. We built our house 2 years ago and houses are starting to go up around here. We want to buy the vacant lot next to us so we don't get any neighbors.
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3answers
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If I pay someone else's property taxes, can I use it as a deduction on my income tax return?
I'm planning on paying the property taxes of a home my mother-in-law owns. She owns the house, but I live there. As part of the bargain, I agreed to pay the property taxes.
If I write the check ...
