SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GraceZ who wrote (12626)8/18/2003 11:19:43 PM
From: Wyätt GwyönRead Replies (1) of 306849
 
whether 14K is reasonable or not for prop tax depends on what the other taxes are. in Austin the tax on 500K prop is probably 10-12K, but there's no state income tax. thus it could be cheap or expensive depending on the person's income. thus without income tax, TX didn't have the kind of bubble cap gains windfall CA enjoyed during the late 90s and 2000. still, they managed to screw up the budget pretty good. i think it's only a matter of time before TX has income tax, and Prop 13 in CA has its days numbered.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News