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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: not925 who wrote (18082)	11/25/2003 7:53:43 PM
From: jeffbas	Respond to of 78748

Don't know the specifics in NYC. However, in general the RE taxes are very low. You might pay $2,000 on a $400,000 home. I am not aware of any reassessment program. However, the city has a personal income tax, that tends to make up for that RE tax break.

To: not925 who wrote (18082)	11/25/2003 10:07:34 PM
From: Lance Bredvold	Read Replies (1) \| Respond to of 78748

I can't imagine this is relevant to your needs, but since taxes are due this weekend and my statements are lying right here next to me, I'll report: In Miles City, Montana; $1,624.96 for my old house which was purchased for $34,500 in 1976, 743.80 for 1.414 acres with a metal 40X80 storage building outside of the city limits, and I also have an empty lot in town which I purchased for $10,000 and pay $446.76 a year now with $170.23 in city specials. On the house it is all regular property tax except $124.13 for special lighting or paving districts. Bet you didn't expect to hear about such cheap houses or land. But our taxes will compare with anyones (ggg). Lance