Friday, August 05, 2005

Property Taxes

I hate paying property taxes. Don't know anybody who likes to. I don't think there is a more unfair tax that has been created. Property taxes, being tied to the value of the property, are not based on the owner's ability to pay. Thus, as property values increase, we are fored to pay higher and higher property taxes. If you are on fixed income, that can be devistating.

There is one way that property owners can reduce the property tax bill (at least in Illinois. If you are from another state, consult with your real estate professional). There is an exemption available, and everyone can qualify. In some areas you get the exemption automatically, but in others, you need to apply for it. If you want to know more reducing your property taxes, please send me an e-mail.

3 Comments:

At 2:16 PM, Blogger Mollenkamp said...

Thanks for the info.

 
At 10:21 AM, Anonymous Anonymous said...

I hate paying real property taxes. I don't know anyone who "doesn't." Devastating

 
At 10:27 AM, Blogger Bruce Weise said...

Well, nice catch on the grammer error. If you love paying property taxes, then you are unique. Updated the original post so y'all don't think I'm nuts.

 

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