The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (13053)	8/23/2003 2:41:01 PM
From: Lizzie Tudor	Read Replies (1) of 306849

They point out in their letter to the editor that Buffett appears to be paying 2.88 percent property tax on his Omaha home vs. 2 percent on the CA home. This is incorrect. Only NEW BUYERS in California pay 2% property tax, and Warren Buffett certainly doesn't. Buffett pays .05% taxes on his California home.

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