Property owners

• hoops23

  

  Glory Days;1145498 wrote:sleeper'd

  Winner.
• Big Gain

  Own a home, own a summer place on Lake Michigan worth 3 times my house in Ohio. The value of the one on Lake Michigan is based on lake frontage, the going rate is $15k/foot of frontage. Neither has a mortage.
• Cat Food Flambe'

  

  Own the home here in the NW suburbs of Columbus, four years left on the mortgage ( re-fianced twice and took it down five years each time. Also own thirty-five acres of the old family homestead about twenty miles SE of Bloomington IN. We rent out about ten acres of it for farming - pays the taxes, and the renter takes care if as if it were his own. The rest if is deep woods and creek bottom adjacent to several hundred acres owned by my cousins who still live there.
• sjmvsfscs08

  Cleveland Buck;1145508 wrote:What happens if you don't pay your property taxes? If you have to pay someone to keep your home, who owns it?

  No offense, but that is some realllly fucking stupid thinking.
• thePITman

  

  I own a home.
• SportsAndLady

  

  Hope all of you w/ mortgages did it w/ Fifth Third...or else you are all dead to me
• hoops23

  

  SportsAndLady;1145680 wrote:Hope all of you w/ mortgages did it w/ Fifth Third...or else you are all dead to me

  What do you do at 5/3?
• SportsAndLady

  

  hoops23;1145684 wrote:What do you do at 5/3?

  Banka
• Cleveland Buck

  

  sjmvsfscs08;1145666 wrote:No offense, but that is some realllly fucking stupid thinking.

  
  
  Excellent rebuttal. You have no idea what it means to own property. Most people don't though, which is why this country is so fucked up. Paying the government for the privilege of occupying or holding a piece of property is not the same thing as owning it. No wonder people don't understand property rights. They don't even understand what owning property means.
• Curly J

  

  DeadliestWarrior34;1145521 wrote:His rape dungeon.

  
  Or in Mantooth's well.
• hoops23

  

  Cleveland Buck;1145713 wrote:Excellent rebuttal. You have no idea what it means to own property. Most people don't though, which is why this country is so fucked up. Paying the government for the privilege of occupying or holding a piece of property is not the same thing as owning it. No wonder people don't understand property rights. They don't even understand what owning property means.

  You're misunderstanding the use of property tax it seems. The tax isn't for the property, per se, but the tax money is used for projects such as revamping street lights, city buildings, local roads, sidewalks, etc... The money is pooled for city usage on on things of need basically.
  
  It's not an actual personal property tax, but a real estate tax which includes the affixed land surrounding your home as well.
  
  Some states have a personal property tax as well, which means you continue paying taxes on items such as vehicles, boats, etc..
  
  I believe you could buy the land and build a house out in the middle of no where and never pay a dime of property tax after the place is paid off.
• sjmvsfscs08

  Cleveland Buck;1145713 wrote:Excellent rebuttal. You have no idea what it means to own property. Most people don't though, which is why this country is so fucked up. Paying the government for the privilege of occupying or holding a piece of property is not the same thing as owning it. No wonder people don't understand property rights. They don't even understand what owning property means.

  Property rights means no taxes? GTFO. Honestly the idea is so filled with lunacy that it doesn't deserve a rebuttal. But fair enough I'll give you a minute of my time.
  
  I guess, in short...how the hell do you expect your city to operate without property taxes? How about your schools? Roads pave themselves? Bridges rebuild themselves? Sidewalks pour themselves?
  
  Property rights? They don't exist, and they never have. Maybe you should be the one doing research. You do not in fact own the property in the truest since of the word. You have plenty of restrictions and responsibilities. You are merely borrowing it; you are just a visitor, be it for a day or a hundred years. Guess what...you will die and someone else will own that land.
  
  I fully support most of what Paulians stand for against the federal government, but local government and property taxes are not at all meant to be a tax-free, no-government support libertarian fuckfest. Anyone with half of a brain has realized that you cannot simply say "eh fuck this place I want to be a lone wolf" and move out west. The west is gone. We now live in a world where we live together as a society. If that makes local-level policies seem more socialist than your liking (with even property taxes being argued against), then so be it.
• gut

  Sonofanump;1145108 wrote:I own after only 168 more morgage payments.

  Time to refinance. It's a good savings vehicle for people whom money burns a whole in their pocket, but at these rates and this point in your mortgage life @2/3 of your payment is going to equity. After-tax you're getting basically 2% return on your money (savings after mortgage tax shield). Have the discipline to put that into the market and I bet over the next 14 years you at least triple that 2% return.
  
  If it were me, I'd be looking to get into an 5-7yr interest only ARM - leave 30% equity in (@min qualifying for interest only) and put the rest to work for you.
• ernest_t_bass

  

  SportsAndLady;1145685 wrote:Banka

  
  Teller
• Skyhook79

  

  sjmvsfscs08;1145719 wrote:Property rights means no taxes? GTFO. Honestly the idea is so filled with lunacy that it doesn't deserve a rebuttal. But fair enough I'll give you a minute of my time.
  
  I guess, in short...how the hell do you expect your city to operate without property taxes? How about your schools? Roads pave themselves? Bridges rebuild themselves? Sidewalks pour themselves?
  
  Property rights? They don't exist, and they never have. Maybe you should be the one doing research. You do not in fact own the property in the truest since of the word. You have plenty of restrictions and responsibilities. You are merely borrowing it; you are just a visitor, be it for a day or a hundred years. Guess what...you will die and someone else will own that land.
  
  I fully support most of what Paulians stand for against the federal government, but local government and property taxes are not at all meant to be a tax-free, no-government support libertarian fuckfest. Anyone with half of a brain has realized that you cannot simply say "eh fuck this place I want to be a lone wolf" and move out west. The west is gone. We now live in a world where we live together as a society. If that makes local-level policies seem more socialist than your liking (with even property taxes being argued against), then so be it.

  Gas tax,City Income tax,Municipal Tax and in Ohio it has already been determined by the Ohio Supreme Court that the way Ohio funds it's schools (Property Tax) is unconstitutional, of course they haven't changed it yet.
• SportsAndLady

  

  ernest_t_bass;1145736 wrote:Teller

  I speak with a Boston accent at the moment, so even if I was a teller it would be a tella
• BR1986FB

  hoops23;1145718 wrote:You're misunderstanding the use of property tax it seems. The tax isn't for the property, per se, but the tax money is used for projects such as revamping street lights, city buildings, local roads, sidewalks, etc... The money is pooled for city usage on on things of need basically.

  LOL...not in my town. Had two trees on the curb lawn by the street. The curb lawn is the property of the city, supposedly, but my responsibility to pay for the tree removal. Same trees, which I just removed, have their roots busting up the sidewalks. Sidewalks need replaced too and guess who is paying for it out of pocket? I'll give you a clue...it rhymes with "not the city." Friggin shysters...
• Sonofanump

  gut;1145721 wrote:Time to refinance. It's a good savings vehicle for people whom money burns a whole in their pocket, but at these rates and this point in your mortgage life @2/3 of your payment is going to equity. After-tax you're getting basically 2% return on your money (savings after mortgage tax shield). Have the discipline to put that into the market and I bet over the next 14 years you at least triple that 2% return.
  
  If it were me, I'd be looking to get into an 5-7yr interest only ARM - leave 30% equity in (@min qualifying for interest only) and put the rest to work for you.

  I should refinance my 3.5% fixed loan? Interesting. Tell me more.
• sjmvsfscs08

  BR1986FB;1145749 wrote:LOL...not in my town. Had two trees on the curb lawn by the street. The curb lawn is the property of the city, supposedly, but my responsibility to pay for the tree removal. Same trees, which I just removed, have their roots busting up the sidewalks. Sidewalks need replaced too and guess who is paying for it out of pocket? I'll give you a clue...it rhymes with "not the city." Friggin shysters...

  Most sidewalk improvements are done with federal dollars, since sidewalks are outrageously expensive. They stopped building sidewalks in most neighborhoods in the 1950's. The population seems to want roads, not sidewalks.
  
  You can blame sprawl for overextending the road network and making sidewalks simply impossible to pay for.
• BR1986FB

  sjmvsfscs08;1145779 wrote:Most sidewalk improvements are done with federal dollars, since sidewalks are outrageously expensive. They stopped building sidewalks in most neighborhoods in the 1950's. The population seems to want roads, not sidewalks.
  
  You can blame sprawl for overextending the road network and making sidewalks simply impossible to pay for.

  Well these sidewalks will be done with my out of pocket dollars...
• sjmvsfscs08

  Yep, sucks. No doubt about it.
• Cleveland Buck

  

  hoops23;1145718 wrote:You're misunderstanding the use of property tax it seems. The tax isn't for the property, per se, but the tax money is used for projects such as revamping street lights, city buildings, local roads, sidewalks, etc... The money is pooled for city usage on on things of need basically.
  
  It's not an actual personal property tax, but a real estate tax which includes the affixed land surrounding your home as well.
  
  Some states have a personal property tax as well, which means you continue paying taxes on items such as vehicles, boats, etc..
  
  I believe you could buy the land and build a house out in the middle of no where and never pay a dime of property tax after the place is paid off.

  I am not at all talking about how property taxes are used, I am talking about what they are. A government doesn't need property taxes to function, they have many other options for raising money.
  
  If you have to pay someone to keep possession of your property (any property) then you do not own it. Do you have to pay someone to keep them from legally taking away your shoes?
  
  And I don't think there is anywhere left in this country that doesn't have a property tax.
• Cleveland Buck

  

  sjmvsfscs08;1145719 wrote:Property rights means no taxes? GTFO. Honestly the idea is so filled with lunacy that it doesn't deserve a rebuttal. But fair enough I'll give you a minute of my time.
  
  I guess, in short...how the hell do you expect your city to operate without property taxes? How about your schools? Roads pave themselves? Bridges rebuild themselves? Sidewalks pour themselves?
  
  Property rights? They don't exist, and they never have. Maybe you should be the one doing research. You do not in fact own the property in the truest since of the word. You have plenty of restrictions and responsibilities. You are merely borrowing it; you are just a visitor, be it for a day or a hundred years. Guess what...you will die and someone else will own that land.
  
  I fully support most of what Paulians stand for against the federal government, but local government and property taxes are not at all meant to be a tax-free, no-government support libertarian fuckfest. Anyone with half of a brain has realized that you cannot simply say "eh fuck this place I want to be a lone wolf" and move out west. The west is gone. We now live in a world where we live together as a society. If that makes local-level policies seem more socialist than your liking (with even property taxes being argued against), then so be it.

  You finally got around to your point. You don't believe people should own property. That is your opinion. Many people hold it. Most people don't though, they just mistakenly believe that they do own property.
• WebFire

  Cleveland Buck;1145794 wrote:I am not at all talking about how property taxes are used, I am talking about what they are. A government doesn't need property taxes to function, they have many other options for raising money.
  
  If you have to pay someone to keep possession of your property (any property) then you do not own it. Do you have to pay someone to keep them from legally taking away your shoes?
  
  And I don't think there is anywhere left in this country that doesn't have a property tax.

  With that outlook, we literally own nothing. Everything is taxed.
• Cleveland Buck

  

  WebFire;1145798 wrote:With that outlook, we literally own nothing. Everything is taxed.

  If you don't pay a sales tax then they don't take the item away from you. You have pay it to own the item in the first place, but once you pay it you own it. Everything else, you are right. We don't own land anymore. We don't our income anymore. Now we don't even own our bodies anymore, since you must either buy insurance or pay a fine, or be locked away in a government cage, just to exist in this country.