Chuck Marohn explains the difference between property tax and land value tax (georgism), why it makes sense, and the reason we do not use it more often. See more videos like this on the Strong Towns channel: https://www.youtube.com/channel/UCkiFD-bGWblbG5ssVbH2sfQ
Views: 12143 Nate Blair
If you own property in Deschutes County, you're familiar with recent real estate market value "ups-and-downs" during the last few years. Deschutes County Assessor, Scot Langton, wants to prepare you for an interesting combination of Measure 50 consequences, market fluctuation and economic circumstance coming this fall. When property tax statements are mailed in October, some Deschutes County homeowners may be a little surprised when they look at their tax bill. The County has come up with an easy way for you to review your own tax situation in a graphic way. A new YouTube video called "Graph It!" has been produced to help you understand how Oregon's voter approved Measure 50 impacts your property. Spread the word, and feel free to forward the links below to your friends and family who own property in Deschutes County. It's important for everyone to be informed. To learn more, or to see the graph for your property, visit the Deschutes County "Graph It!" website at http://www.deschutes.org/GraphIt . Still have questions? To speak to staff at the Deschutes County Assessor's Office, please call (541) 388-6508.
Views: 21703 Deschutes County
Capital Value System (CVS), a property tax calculation method is explained in hindi. In Mumbai, CVS is implemented and property tax payment can be done online for Mumbai. Related Videos: Ready Reckoner Rate: https://youtu.be/A5AFk3Dt8oM FSI - Floor Space Index: https://youtu.be/Nw9w2xhzU1M Property Tax Unit Area System: https://youtu.be/f5CGokBnzbc Annual Rental Value for Property Tax: https://youtu.be/GNjsC_wWj3s इस वीडियो में प्रॉपर्टी टैक्स कैलकुलेशन के एक मेथड कैपिटल वैल्यू सिस्टम (CVS) को समझाया गया है। मुंबई में CVS मेथड को इम्प्लीमेंट किया गया है और मुंबई के लिए प्रॉपर्टी टैक्स पेमेंट ऑनलाइन की जा सकती है। Share this Video: https://youtu.be/YQmUN6_MFKQ Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: How to calculate Mumbai property tax? What is capital value system? How to calculate property tax in Mumbai using capital value system? How capital value system is used for property tax calculation is Mumbai? How to calculate property tax with capital value system (CVS)? How to do property tax calculation for a property in Mumbai? How capital value is calculated? What is the formula for calculating the capital value of a property? What is the capital value system formula for property tax calculation? What is the concept and calculation formula of CVS? What all factors are used in capital value system (CVS) of property tax calculation? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Pinterest - http://pinterest.com/assetyogi/ Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Twitter - http://twitter.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Instagram - http://instagram.com/assetyogi Hope you liked this video in Hindi on “Property Tax Calculation - Capital Value System in Mumbai”.
Views: 1925 Asset Yogi
http://TaxSaleAcademy.com A lot of investors use the tax assessed value as an easy way to determine if they should buy a property or not. Is it really that easy or not? Watch this video to get the details on how to use the tax assessed value. ⬇️ Helpful Resources ⬇️ State Guide: Live: http://TaxSaleAcademy.com/state-guide Get your FREE copy of Tax Sale Playbook by going to: http://TaxSaleAcademy.com Want to learn How to Buy, Sell & Profit from Tax Defaulted Real Estate . . . Without Needing Lots of Experience, Money or a license? Signup for our on demand and completely FREE webclass at http://TaxSaleInvesting.com Ready to jump right and get the most comprehensive tax sale investing training available? Head to http://TaxSaleAcademy.com/join Listen to podcasts? Take us on the go at http://TaxSalePodcast.com ------------------------------ Let's Connect! http://CaseyDenman.com Connect on LinkedIn: http://www.linkedin.com/in/caseydenman/ Follow us on Facebook: http://Facebook.com/TheTaxSaleAcademy Follow Me on Instagram: http://Instagram.com/caseydenman
Views: 1077 Tax Sale Academy
Property taxes can be a big expense for real estate investors. Property tax rates can vary by state, but it's important for landlords to ensure that they are being charged a fair value on their tax bill. In this video, we're sitting down to discuss how you can negotiate your property taxes. We'll talk about evaluating the assessed value of your home, how to appeal your property taxes, and more! Join the Financial Freedom Academy: http://financialfreedomacademy.com Download our FREE Freedom Cheat Sheet here ➜ https://morrisinvest.com/freedom-youtube Read Our Best Selling Book “How to Pay Off Your Mortgage in 5 Years” ➜ https://amzn.to/2CcSxIB Ready to buy your first rental property? Book a 30 Minute call with our team ➜ https://morrisinvest.com/youtube Subscribe to this channel for more great tips ➜ http://bit.ly/2IVHcOH Want Funding For Your Real Estate? ➜ https://morrisinvest.com/funding Love podcasts? 🎧 Listen to our Investing in Real Estate Podcast ➜ Apple Podcasts: https://apple.co/2EQbLm2 Website: https://morrisinvest.com/youtube 🎧 Follow me on social media! Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris Need help setting up your Self Directed IRA? We use Sense Financial. Click here: http://morrisinvest.com/ira Want to Get Started With Real Estate Investing? Watch our Getting Started Playlist: http://bit.ly/2IXYU48
Views: 6575 Morris Invest
Arlington, VA real estate agent and Realtor Matt Leighton talks about the differences between the tax assessment and the market value (sales price) of a property. Subscribe for more videos: http://www.youtube.com/subscription_center?add_user=themattleighton Real Estate Continuing Education Online Classes: https://goo.gl/Cr4Tpf Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area [email protected] Find Matt here: https://www.snapchat.com/add/mpleighton https://www.facebook.com/TheMattLeighton https://twitter.com/TheMattLeighton https://instagram.com/TheMattLeighton https://www.linkedin.com/in/TheMattLeighton Tax assessment (via https://topics.arlingtonva.us/realestate/taxes-payments/real-estate-taxes/): Each year, the Department of Real Estate Assessments determines the value of real property in Arlington County. The assessment is then multiplied by the real estate tax rate, which is set by the County Board each year. Assessments begin Jan. 1. Assessors do not determine your property taxes; their job is simply to ensure that your assessment is fair and equitable. Information on tax rate and assessments: https://budget.arlingtonva.us/ Basically, the 2017 Arlington VA property tax rate is $.991 per $100 of assessed value. So a $400,000 assessed property would have property taxes equal to $3,964. The assessor usually doesn’t visually inspect the subject home or the comparable homes. So any updates are most likely not taken into consideration. They have their own calculation for coming up with the assessment. They simply look at the size of the home, the number of bedrooms and bathrooms, and if there have been any permits issued for larger renovations, that would affect the assessment as well. Improvements and current market condition are not factored in. Occasionally, you might get a knock on your door from someone in the county real estate office asking to inspect the property for appraisal reasons but this is a very rare occurrence. I think there is one way to look at the sales price and tax assessment that can help you out as you’re looking to make an offer on a home. And that is if two comparable properties come on the market. You can compare them to their respective tax assessments. So 2 similar condos in the same building come on and one is priced higher than the other…is the higher one also tax assessed for a higher amount? It should be. It could be a way to find out if one property is over-priced. If you don’t like your assessment, you can file an appeal. Don’t complain to your friends and do nothing about it. Present your case and complain formally to your jurisdiction and maybe they will lower your assessment. Video location: Penrose Square - Arlington, VA https://goo.gl/maps/Yjfd4NbHwFA2 (map) MY EQUIPMENT LINKS TO AMAZON The camera I use - https://goo.gl/3n13gS The lens I use - https://goo.gl/hS8a1s The mic I use - https://goo.gl/kSeu8J The memory card I use - https://goo.gl/t4wdXj The camera flash I use - https://goo.gl/pi2gmj The gimbal I use - https://goo.gl/xKMj8t The gorilla pod I use - https://goo.gl/jLLL5q The intervalometer I use - https://goo.gl/EV2KWo The iPad I use - https://goo.gl/G9onPp Business inquires [email protected] Matt Leighton - Arlington VA Real Estate Agent Licensed in VA and D.C. Century 21 Redwood Realty 1934 Wilson Blvd Arlington, VA 22201 https://www.youtube.com/watch?v=VinZ9K5JhgQ please note the obvious - Matt does not work for or is not affiliated at all with Arlington County.
Views: 4668 Matt Leighton
Property Tax Values: How to handle value increases **Information is specific to Texas** Today Stephanie Johnston of The Johnston Team, and Service First Mortgage, gives some tips on how to better understand your property taxes. Some keys points to remember are: -Reviewing your property tax valuation received around early May -Protesting the value by the deadline if applicable (most counties have a deadline of May 31st) -Use your trusted REALTOR as a source for comps for the dispute -If your taxes are going to rise for the year ensure you take action now -Understand how much more is needed in your escrow account with the increase in property taxes -In October the final bill will be published I hope this video helps to bring a little clarity to property taxes and increasing tax values. With any questions contact me TODAY! 214-576-2934 | www.StephJohnston.com | [email protected]
Views: 331 Stephanie Johnston
A property assessment is what the City estimates your property’s market value is on July 1st of the previous year. But how does it affect what you pay in property taxes? When City’s budget grows, property taxes need to increase as well. The assessment value is used to calculate your share of property taxes in proportion to the value of the property you own. If property values go up "X percent", that doesn’t mean your taxes will necessarily go up that much. What is important is how your property value increase compares to the average increase. If the value of your property grew more than the city average, you can expect a larger than average property tax increase. If the value of your property grew less than the city average, you can expect a smaller than average property tax increase. It’s a jungle out there. Get more property assessment information by checking out the rest of our videos or by visiting http://edmonton.ca/assessment.
Views: 3334 City of Edmonton
Are you sick of paying so much property taxes each year? There are three options that you may be able to take advantage of if you want to reduce paying more property tax. This video will outline those steps and will provide relevant links to help you save more on your taxes! http://madanca.com/index.php https://www.youtube.com/watch?v=Wce8FoHIbZQ Follow us on Twitter - https://twitter.com/Madan_CA Like us on Facebook - https://www.facebook.com/MadanCharteredAccountant Add us on Google Plus - https://plus.google.com/u/1/108551869453511666601/posts Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Time line: 00:31 -- what is property tax? 01:29 -- how to reduce property tax? 01:36 -- appeal the assessed value of your property 02:17 -- provincial land tax deferral program for low-income senior and low-income persons with disabilities 03:09 -- Ontario senior homeowner's property tax grant Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
Views: 10660 Allan Madan
County Appraisal District Values may not always be accurate and you may be paying too much taxes on your Houston property. You should find out how much your home is worth and protest your property taxes every year if the county has appraised it higher than it should be. Feel free to reach out if you'd like me to send you a personalized home evaluation report on your property. [email protected]
Views: 996 Mustafa Faiz
An increase in your assessment does not necessarily mean an increase in your property taxes. Property tax changes are generally impacted by your assessment's change relative to your community's average assessment change. This video explains what could happen to your property taxes if your assessment is lower, higher or similar to the average change for your property class.
Views: 998 BC Assessment
Land Value Taxation is endorsed by Milton Friedman. Can someone help me find the year this is recorded? (November 1978 is my guess, http://www.cooperativeindividualism.org/friedman-milton_interview-1978.html) Source: https://www.youtube.com/watch?v=PhI4WQqrct8
Views: 13949 Benjamin Ljung
~~~~~~~~~~ VIDEO IS ABOUT: Income Tax, Income from House or Property, Income Tax on Annual Rental Value or Annual Letable Value, Income Tax on House/Property Rent, How to Calculate Annual Rental Value of House/Property, Pay Tax on Annual Rental Value not on Rent Received... ~~~~~~~ ABOUT US: Hello Friends, We regularly post Videos related to Income Tax and GST (Goods and Services Tax) on our YouTube Channel. If You want to co-relate with us in making a healthy and vigilant environment of Taxation. Plz Hit "SUBSCRIBE BUTTON" and also "NOTIFICATION BELL ICON" next to it. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ CONNECT WITH US ON SOCIAL NETWORKS: Twitter: http://www.twitter.com/drpawanjaiswal Facebook: http://www.facebook.com/drpawanjaiswal LinkedIn: http://www.linkedin.com/in/drpawanjaiswal
Views: 16239 CMA Vr. Dr. Pawan Jaiswal
Annual Rental Value (ARV), a property tax calculation method is explained in hindi. It is implemented in Hyderabad (GHMC) and Chennai. You can pay GHMC property tax online and also Chennai property tax can be paid online through chennai corporation website. Related Videos: Property Tax Unit Area System: https://youtu.be/f5CGokBnzbc Property Tax Capital Value System: https://youtu.be/YQmUN6_MFKQ Plinth Area: https://youtu.be/7goLS4yosuA इस वीडियो में प्रॉपर्टी टैक्स कैलकुलेशन मेथड एनुअल रेंटल वैल्यू (ARV) को हिंदी में समझाया गया है। इस मेथड को हैदराबाद (GHMC) और चेन्नई में लागु किया गया है। आप ऑनलाइन ही GHMC प्रॉपर्टी टैक्स पे कर सकते हैं और प्रॉपर्टी टैक्स को चेन्नई कारपोरेशन वेबसाइट के माध्यम से ऑनलाइन पेमेन्ट कर सकते है। Share this Video: https://youtu.be/GNjsC_wWj3s Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is the concept of annual rental value for property tax? How property tax is calculated in Hyderabad (GHMC) and Chennai? How property tax is calculated using the annual rental value of the property? What is the calculation formula for annual rental value method of property tax calculation? How to do online property tax calculation? What is ARV and what is the calculation formula of ARV? How to calculate property tax for a property in Hyderabad and Chennai? How to pay property tax online for a property in Chennai? How property tax payment can be done online in Hyderabad? How to do property tax calculation for the property in Hyderabad and Chennai? What is the drawback of annual rental value method for property tax? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Pinterest - http://pinterest.com/assetyogi/ Facebook – https://www.facebook.com/assetyogi Twitter - http://twitter.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Instagram - http://instagram.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Hope you liked this video in Hindi on “Annual Rental Value for Property Tax”.
Views: 2043 Asset Yogi
http://christinebrowning1.blogspot.com/2012/12/how-to-know-if-youre-paying-too-much.html Are your property taxes too high? Many folks receive their tax bill and don't understand why the taxes haven't decreased even though the value of their home has decreased. You may be able to save thousands on your property taxes by challenging the value but you have to do it prior to the end of 2012. Go to my video blog to find out how I personally did this. Christine Browning Team HomeSmart Central Realty Central Oregon Real Estate 541-390-6005 Fax: 888-618-7890 [email protected]
Views: 30202 Educational Videos
Recently, one of our viewers asked us, “What’s the difference between the market value and the appraised value of a property when you look at a tax bill?” Since tax bills are going to be coming out in the next month or two, now is the perfect time to discuss this topic. The market value is what the county district thinks the property will sell for. The appraised value is the value that you pay taxes on. To find out how this affects you, watch this short video. http://homesfromhouston.blogspot.com/2016/10/houston-real-estate-agent-how-property.html Buying a home? Check out our free home search: http://www.har.com/AWS/AWSF.cfm?tgt=ViewMLSListings&AGENT_NUMBER=490938 Selling a home? Check out our free market anaylsis report: http://www.har.com/AWS/AWSF.cfm?tgt=HomeWorth&CID=490938 Mike Gray Real Estate Experts Houston, TX Cell: 832-428-6453 Work: 713-965-0812 Fax: 713-490-9063
Views: 99 The Mike Gray Team
How-To Calculate Property Tax On A House! Property taxes are calculated on nearly every real estate purchase. Taxes and assessments are encumbrances on real-estate property and will cloud titles, so make sure to pay your taxes on time. Follow me on Facebook: https://www.facebook.com/teddysmithnc/ Follow me on Instagram: https://www.instagram.com/teddysmithnc/ Property taxes are what's called Ad Valorem meaning they are calculated according to it's value. So if you have a million dollar mansion, the taxes will be far more then a piece of vacant land in a rural area. There are special assessment taxes but those are an entirely different beast. Determining the tax rate: Per 100 dollars of assesed value You need the assessed value You need the tax rate You need to know whether it is taxed per 100 or 1000 (mill) So you look up your property in the tax record and find out it has an assessed value of $110,000 2. You type in on Google tax rate followed up by your county Make sure that if you live in the city, you add the county and city tax rate Lets say you have an tax rate of $900 for every $100 Divide the tax assessed value by $100 and times it by the tax rate which is $1.00 110,000/100 = 1100 * .9*.9 = $990 Mill Rate (Per $1000) $150,000 and the mill rate is 7. 150,000/1000 = $150 * 7 Mill rate = 1050
Views: 4746 Teddy Smith
House Flipping Guide: Marketing to Owners with Delinquent Property Taxes course answers one very important question for new real estate investors: “Who wants to sell their property for less than what it is worth and how do I find them?” Playlist Motivated Seller Marketing 👉 Feel free to Subscribe to my YouTube Channel. Click Here⬇️ http://YouTube.com/houseflippingguide 👍 Find us on Facebook. Click Here⬇️ http://facebook.com/houseflippingguide ✔️Join the House Flipping Family Facebook group http://houseflippingfamily.com 100k Views: Delinquent Property Taxes https://youtu.be/BRO6EZUd1XM Playlist Motivated Seller Marketing Motivated Seller Marketing: https://www.youtube.com/playlist?list=PL3ZZH-87bRRqtqtkFabScOSErluaOkYZz
Views: 5253 House Flipping Guide
Pay $50 For a Property! Targeting Delinquent Property Taxes. There are so many ways to acquire property with delinquent taxes it's scary. You can Wholesale the property, use Subject to to create a deal, buy and hold the property, fix and flip you can even work these deals with no equity on a lease option. This video is an example of creative real estate financing ✔️ Delinquent Property Tax Course https://bit.ly/2GPTa9H ✔️Baby Steps to Wholesaling Real Estate https://bit.ly/2MgNkFj ✔️ Pre-foreclosure Investing E-Book Click Here⬇️ https://bit.ly/2LpDlch ✔️Join the House Flipping Family http://houseflippingfamily.com ✔️ Wholesaling made easy http://houseflippingguide.com/leads ✔️ Ready to Flip Your First House? http://houseflippingguide.com/freeguide ✔️ Pay $100 for a Property! Target Delinquent Property Taxes http://houseflippingguide.com/pay-100-property-target-delinquent-property-taxes/ #delinquentpropertytaxes #wholesaling #realestateinvesting #creativerealestate
Views: 11223 House Flipping Guide
FIle a Texas property tax protest. Watchdog Dave Lieber explains what the taxable value is and what the market value is on your property tax statement from the county appraisal district. Learn about Watchdog Dave Lieber’s 2017 “Everybody file a property tax campaign Part One https://www.dallasnews.com/news/watchdog/2017/04/20/file-texas-property-tax-protest-must Part Two https://www.dallasnews.com/news/watchdog/2017/04/21/neighbors-can-lower-property-tax A radio interview: http://www.texasstandard.org/stories/one-mans-fight-to-change-the-way-property-taxes-are-calculated/ Talking about it on TV: http://www.nbcdfw.com/news/local/TDMN---Tax-Appraisals_Dallas-Fort-Worth-420257693.html
Views: 1639 The Dallas Morning News
Thursday, January 24 is Real Estate Tax Value Day for property owners in Mecklenburg county. Prepare for sticker shock as property values have increased substantially since the last revaluation in 2011 throughout the county. Here's what to expect, some keys to making sure your property tax card is correct. Property owners will have until May to appeal their new property values, which can be done online through the reval website: https://property.spatialest.com/nc/mecklenburg/
Views: 106 Jonathan and Associates Real Estate
Property values in Pierce County have risen an average of 12% this year, differing in some areas. Value notices are headed your way. They’ll determine property taxes for 2019.
Views: 991 Pierce County Television
http://www.REIClub.com Learn How To Reduce Your Property Taxes - Here's How Investors Successfully Protest Their Investment Property Tax... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on how to effectively protest your property tax. Why Should You Protest Your Property Tax? When you receive your property tax assessment, how often are you like... "wow, this is lower than i expected"... Rarely. The feeling is more like... - I don't remember it being this high last year, did taxes go up again? - How can my taxes be the same as last year when my property value dropped? Mostly what you feel is annoyed, angry, and helpless. Amazingly, only about 10% of Texas homeowners appeal their property taxes, but of those 10%, 75% of the appeals are successful. How To Protest Your Property Tax Remember: Proper preparation prevents poor performance - Request House Bill 201 Evidence Packet - Contains all info which the appraisal district used to arrive at your property value - Ask your county tax appraisal district for instructions on how to access it 14-days before your hearing - Pictures Pictures Pictures - focus on the negatives - pinpoint expensive repairs - carpet, paint, fence, siding, updates - anything that can reduce the property value - MLS Sales/Comps - Existing realtor - ask for comps found in House Bill - Similar properties bought and sold past 3 months. - Remember: you are looking for properties that will help reduce your property value - Repair Estimates - Contractors - Free Estimates - Dated Paperwork - Crime Reports Note: Important to present this in an organized folder. - Appraisers deal with hundreds of people a day - Limit your stories and stick with the evidence - The easier you make it for them the more likely they will work with you What Happens When You Protest Property Taxes? Protesting is a lot like negotiating a deal. Just because you present a good point, doesn't mean you are guaranteed the price you request. This is why it is very important you come prepared. - The first round of protests is called your "hearing" - You meet with an appraiser and present your evidence - Usually the appraiser will compare what you have to his notes - A lot of the time, their assessed value will be higher than yours - Rare occasions they aren't and those are the easy cases - Negotiate - back-and-forth - Exp. Tip: Gauge the mood of the appraiser, if you feel any type of agitation, take a step back and ask the appraiser what he thinks is appropriate, and restart the process. - Depending on how many properties you protest, on average, it takes about 15-30 minutes per property - If appraiser refuses to reduce your property tax, you can appeal (2nd round) - Appeals process is before a board of 3 members - You plead your case against the original appraiser in front of the board - Much harder process, at the appeal, they have the option to actually increase your property value - My Advice, if you can get it done the first round, and unless you have a solid case, I would avoid the appeal. In conclusion, you may never save a fortune in any given year with a successful property tax protest, but its important to always protest your property's value. With a continual yearly effort you could end up saving several hundred to several thousand dollars in property taxes over time. So just imagine what you could do with that extra money. One thing they don't tell you, is when you frequently protest, you can build good relations with appraisers who will make this process much easier for you every year. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. https://youtu.be/rTWXyd5pbTY "REIClubRealEstateInvesting"
Views: 11172 reiclub
Property owners in Galveston County are not happy with increases in their property tax appraisals, but not very many know how the process works. We sat down with Commissioner Ken Clark to address some of the perceptions homeowners have about their property tax bills and talk about the difference between Galveston County and the Galveston County Appraisal District.
Views: 308 Galveston County, Texas
Note: This is not tax advice. Do your own Due Diligence. I don't discuss politics. Consult a tax professional for any of your questions. This is purely my interpretation and my thoughts with regard to the 2018 GOP Tax Reform with how it relates to real estate. Thanks for watching! Snapchat/Instagram: GPStephan Notable Changes: The mortgage interest deduction. It was previously capped at $1,000,000, which means you can deduct the interest on the first $1,000,000 of your mortgage. This deduction is now lowered to $750,000 for any new home purchases. This means that any interest you pay above a $750,000 is not tax deductible. For most of the US, this doesn’t make a difference at all. The median US home price is about $258,000. This impacts high cost of living areas with home prices above $800,000 or so, but even that impact is very minimal in terms of an interest deduction…and most likely that person will end up saving money in other areas to make up for that deduction. The next big change is the limit on property tax and state deductions (SALT). In relation to real estate exclusively, this means that your property tax deduction is capped at $10,000 per year, instead of being unlimited like it was prior. And like I said, this doesn’t impact the majority of the United States where housing is all under $800,000. The next is that it appears as though home equity and HELOC loans are not tax deductible on a primary residence. A positive for real estate is a shortened depreciation schedule. In commercial real estate, you used to be able to depreciate the property over 39 years, and in residential it’s 27.5 years. This was shortened to 25 years for both. They didn’t get rid of the provision of capital gains exclusion on a primary residence. If you’ve lived in your house for 2 of the last 5 years, you can exclude paying taxes on the first $250,000 if you’re single and $500,000 if you’re married. For rental properties, this makes them MUCH more attractive in comparison to buying a primary residence, but ONLY if that primary residence is over $850,000 or so. If your house is worth under about $850,000 or so, the tax plan really has no affect on you, other than not deducting a HELOC or home equity line of credit. For rental properties, nothing has changed and you can now depreciate them 2.5 years faster than before. For a home owner buying a home above $1 million dollars or so, it got more expensive. The property tax deduction was a great deduction for people in the high price range. However, my thought is that even though housing becomes a little more expensive, I don’t think people in this price point will be deterred from buying because of a marginal savings in whatever they were writing off. Frankly, depending on the industry, you should be overall saving more money, so this should entirely balance out, if not come in your favor. So those are my thoughts. I don’t want to turn this into a political video, I stay out of that, I’m not picking sides, but it is what it is and I’ll report on the changes and what I think this means for prices. Also, keep in mind I’m not a tax consultant and you’ll need to consult with a specialist since taxes are such a personal matter. This is not legal or tax advice. Do your own due diligence. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Get $10 by signing up on Coinbase after your first $100 purchase: https://www.coinbase.com/join/5a20f244e07edf019d1ce550 Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Views: 21965 Graham Stephan
Protest your property tax value using this step by step guide. The Tarrant County Appraisal district delivered blue notices with a deadline of May 15. Or, hire us to protest for you for free using this link: https://www.chandlercrouch.com/protest
Views: 8157 Chandler Crouch Realtors
Blown away by your 2016 notice of appraised value? Many Austin-area homeowners saw significant jumps this year. Your home's appraised value determines the annual property tax owed. The burden of proving an increased value is on the appraisal district. I created this video to help you navigate the process and be successful in lowering your appraised value and paying less taxes. For up to date information please read my April 2018 blog with updated tips on how to be successful at your protest: https://www.homesalesaustintexas.com/10-tips-for-a-successful-2018-tax-protest/ Here are the links to appraisal districts where you can look up values of nearby homes: Travis County: http://www.traviscad.org/property_search.html Williamson County: http://search.wcad.org/ Hays County: http://propertysearch.hayscad.com/Appraisal/PublicAccess/PropertySearch.aspx?PropertySearchType=1&SelectedItem=10&PropertyID=&PropertyOwnerID=&NodeID=11 If the property you live in is your primary residence, be sure you have filed a homestead exemption to lower your taxes (the appraised value for a homestead property cannot increase more than 10% per year). Learn about over 65, Disability and other exemptions: http://www.traviscad.org/faq_exemptions.html Prefer to hire someone to handle your property taxes? Here are some contacts for that and I recommend contacting them early as they get booked: Laura Casey http://www.llcasey.com/laura-casey.html Five Stone Tax http://www.fivestonetax.com/ Texas Pro Tax http://texasprotax.com/ Did my tips help you out? I'd love for you comment below on how your hearing went. Best of luck! An Austin resident since 1978, I have been a licensed Realtor in Austin, Texas since 2003. I partnered with my mother and former real estate agent, Judy DeWitt, from 2003 - 2014 (thus the name Family Pair of my website) and we have helped hundreds of clients. I welcome you to browse my stellar client reviews on Yelp or Facebook. You can contact me at [email protected] or (512) 773-3214. http://www.homesalesaustintexas.com/ https://www.facebook.com/wellsbranchrealestate?ref=hl http://www.yelp.com/biz/tammy-dewitt-le-horizon-realty-austin-austin Kudos to my amazing daughter who filmed and edited this video. I could not have made it without her!
Views: 37681 Tammy DeWitt Le, Austin Real Estate Specialist
A change for property value and taxable value was mailed out last month. The form comes stating "This is NOT a Bill" in bold letters at the top of the page. Also included on this form are the dates for the next assessors meeting and board of review meeting. You'll need to go to one of these meetings to protest your property tax and SEV evaluation and assessment. After the meeting, the board will review your information and mail a decision. More than likely the board will refuse any changes reflecting lower taxes, but would be happy to raise taxes. In order to appeal your case to the state, you are required to carry proof of the board meeting. By the time your property taxes are due, it will be too late to request any changes or explanations. Don't get caught in the dark, and give your city counsel a simple, "it's too late", way out of working with you. Stand strong regardless of the outcome and stick by your guns. It's your property, your money, and your blood and sweat! Banks will tell you your property is worth less to avoid borrowing you money and property tax board of review will tell you its worth more to avoid saving you money. Appreciate yourself for who you are, not based on what you have. Work to live, not live to work. Live Your Live to the fullest! Blessings
Views: 736 Jim Shaw
Every state has it's own property tax system. In Illinois, local governments tax real property, but not personal property. Real property is the land and anything permanently attached to the land, like garages and other buildings. Your car, your boat, your appliances, your bank accounts, your franchise licenses, or your dog are examples of personal property. And they can't be valued into your Illinois property tax bill. Because real estate markets change change, property values are updated often. Every property is assessed at least once every four years. The year this re-assessment happens is called a quadrennial year. Property taxes are levied, collected, and spent locally. The largest share of property tax goes to school districts to fund education. Other services funded by property tax include: police and fire protection, street maintenance, libraries, and parks and recreation programs. Each property tax cycle takes almost two years. Taxing bodies determine how much money they will need to provide services. There are usually a few sources of income in the budget. The levy is the portion of this income that needs to come from property taxes. The goal of the assessment process is to divide the levy fairly and equitably among all the property owners in the jurisdiction. Township assessors value most residential and commercial properties. The total value of real property in a jurisdiction is the tax base. County officials identify all real property in their jurisdiction, certify property values, and bill and process tax payments. You may pay your tax bill in two installments in June and September, or you may have a monthly amount added to your mortgage payment. These payments go to the County Treasurer. The County Treasurer then disburses the property tax revenue to the taxing bodies to provide services to taxpayers. The Illinois Department of Revenue is the state agency that oversees property tax. IDOR provides guidance and education to local officials working in property tax. If you own a home or business, your property tax bill is your share of the levy for all the taxing bodies that provide services in your area.
Views: 536 Illinois Property Assessment Institute
Welcome to Advantax, I'm Kevin DeSanti with your PropTax Minute How much property value was lost from Hurricane Sandy? In the months after the storm hit, the New Jersey Division of Taxation created a system for tax assessors to track losses. According to newly released figures by the New Jersey Department of the Treasury, property tax assessments on more than 40,000 properties in New Jersey will have been reduced by $4.3 billion as a result of the destruction caused by Hurricane Sandy. Ocean County, with a $3.6 billion reduction, had the largest property tax value reduction. In most communities on the shore, the majority of total value for properties is found in the land. Only about a third of the total value is attributable to improvements. So, the $4.3 billion is based on damage to improvements. Using an effective property tax rate of 2%, that means $86 million in property tax dollars were lost (or redistributed). The good news for communities hit with this loss is that as properties are rebuilt, value will be regained. What is lost will once again be found. For more property tax news, check out proptax minute at advantax.com. Thanks for watching.
Views: 71 Advantax
Learn to calculate property taxes using assessed value and Florida Homestead tax exemptions. Gold Coast Schools is Florida's leader in real estate education. If you have any questions about how to get a Florida real estate license, our helpful staff is here to assist. Visit us online at www.goldcoastschools.com , or give us a call at 1-800-732-9140.
Views: 10186 Gold Coast Schools
In the last several years, we have seen real estate values drop significantly. However, assessed values, which are used to calculate how much is paid in property taxes, have not dropped at the same rate. If you live in Cobb County, Georgia, you have the right to challenge your assessed value and potentially lower your property taxes. If you have additional questions, please visit my website at www.samteasley.com
Views: 897 VoteSamTeasley
How to find Tax Delinquent Properties in your area. By far, 1 of the best ways to find a list of delinquent property taxes is by going to your local county building and asking them for a list of properties that have fallen behind on their taxes. The second way you can retrieve a list is by calling the local county building. The objective is to go down to your local county tax assessor and ask them how their process works. #delinquent tax list #taxdelinquentproperties #wholesaling ✔️Delinquent property tax video https://youtu.be/BRO6EZUd1XM ✔️Stop Losing Leads Click Here! http://houseflippingguide.com/leads ✔️ Delinquent Tax Investing course Click Here!⬇️ http://geraldharris.selz.com
Views: 4898 House Flipping Guide
Real Estate experts at the national level are asking the question: Is the Detroit Housing market on the brink of a crisis? According to Forbes Magazine, the number of homes underwater in the city of Detroit has increased 1.6 percent over the last year to 4,963 homes. Some at the national level raised the question: Is this the start of a new trend?
Views: 218 WXYZ-TV Detroit | Channel 7
We explain how to appeal your #IllinoisPropertyTax assessment. Your property taxes are linked to the fair market value of your home. However, when the fair market value of your home is uncertain, the tax assessment may be inaccurate. We discuss the #PropertyTaxAppeal process, and what it takes to be successful. Subscribe: https://www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA?sub_confirmation=1 Read the article: https://www.oflaherty-law.com/our-law-blog/how-to-appeal-your-property-tax-assessment More Learn About Law videos, podcasts, and articles: http://www.learn-about-law.com Schedule a Free Consultation or Learn More about O'Flaherty Law: http://www.oflaherty-law.com Please call us today at (630)324-6666 to schedule a free consultation. Like us on Facebook for weekly videos: https://www.facebook.com/oflahertylaw/ O'Flaherty Law has convenient offices located in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage County, Will County, Cook County, Lake County and McHenry County. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense.
Views: 640 Business Lounge TV
517-202-7230 Lansing Michigan property tax is calculated by multiplying the Taxable Value by the corresponding millage rates. A mill equals $1 in taxation for every $1,000 in taxable value. The Taxable Value represents the value capped at the rate of inflation or 5%, whichever is less. Because of the fact that the true cash value rise faster than the rate of inflation, the Taxable Value will result below SEV. However, if a property is transferred, the following year's SEV becomes the property's Taxable Value. Assessed Value is determined by the local assessor. The State Equalized Value(SEV) is determined by applying an adjustment factor to the assessed value by the State Tax Commission. This is done for bringing the total valuation across counties to the 50% level. Market Value, also known as true cash value, has been defined by The Supreme Court as the sale price of real estate as agreed upon between a willing buyer and willing seller, with neither being under duress to buy or sell. Using comparable sales, known as comps, is a good indicator of the Market Value of properties. Professional appraisals are also used by Real Estate professionals and the mortgage industry. The National Taxpayers Union estimates that as much as 60% of taxable property in the United States is over assessed. However, only 5% of homeowners protest their assessments. The process to lower their taxes is not always clear. Mistakes can often be a reason why a taxing authority values your home for more than the current market would allow. Obvious mistakes aren't difficult to spot. Principal residence exemptions and agricultural exemptions should always be checked for accuracy. Property description and information information about your property should be reviewed for errors with your assessor. The Lansing Board of Review offers an opportunity to present your case for lowering your taxes, followed by the Michigan Tax Tribunal if your grievance still exists. Neal Sanford http://youtu.be/WdYNpvb69SE Property Tax Tips from Neal Sanford.mp4 Lansing board of review Lansing property tax exemptions Lansing taxable value Lansing market value Lansing assessed value state equalized value Lansing millage rates Lansing real estate appraisal Lansing tax liens Lansing real estate
Views: 631 Neal Sanford
Owning a home is generally better then renting in the long-run but property taxes are viewed by many as the mortgage that never gets paid-off. In fact, the 'gubberment' loves higher home prices because inflated values brings in more tax revenue for it. New Jersey has the highest property taxes. We look at the best and worst states for taxes and if there are any reasonable ways to escape these never-ending mortgages. Links to news sources discussed in the video are posted here: https://bullboom.blogspot.com/ Pledge a monthly tip: https://www.patreon.com/jjallen Buy me a cup of coffee: https://www.paypal.me/bullboombearbust Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. Come back here for more videos on: housing news, investing tips, business and financial news, Precious metals, cryptocurrencies, housing bubble and real estate market analysis, stock trading, market timing, and lots more. Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone's personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often "one man's opinion" and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.
Views: 13057 BULL BOOM BEAR BUST
Are you a Home Buyer or Seller and still have QUESTIONS?? Call us, we'd love to talk! (619) 537-6016 Supplemental Property Taxes explained by San Diego Realtor/Broker Jed Bratt of The Real Estate Jedi team http://TheRealEstateJedi.com of Big Block Realty. In addition to your annual property taxes, you may be responsible for paying supplemental property taxes. California state law requires the Assessor to reappraise property upon a change in ownership or new construction. This supplemental assessment reflects the difference between the new assessed value and the old or prior assessed value. Since property is assessed each January 1st for the upcoming fiscal year (July 1- June 30), you will receive one supplemental bill if the change in property value due to ownership change or new construction is recorded on the tax roll between June 1 and December 31; you will receive two supplemental bills if the change of ownership or new construction is recorded between January 1st and May 31st. Supplemental Tax Bills are separate from the regular property tax bill. It is the owner's responsibility to ensure payment of Supplemental Taxes as they cannot be The supplemental property tax bill is in addition to the regular property tax bill, to cover the difference in the old assessed value and the new assessed value during the time it takes the assessor to reassess the value. The Supplemental Real Property Tax Law was signed by the California Governor in July of 1983 and is part of a drive to aid California's schools. Supplemental taxes are in addition to the regular secured property tax which is based on ownership and values as of January 1st. Supplemental assessment taxes are NOT paid out of your impound account with your lender, so you need to be sure to take care of these on your own! Have more questions? Check out our other educational Real Estate Videos about San Diego Real Estate and more at http://TheRealEstateJedi.com! ************************** BONUS TOOL---California Supplemental Property Tax Calculator: https://rejedi.co/supplementaltaxcalculation INSTRUCTIONS: Acknowledge the disclosure, scroll to bottom and click the link. Fill in property address or APN and search. Next, click on "Supplemental Tax Estimator" tab and fill out your sale date and sales price. NOTE: This calculator only estimates based on the BASE 1% property tax, so your actual bill(s) will be higher, depending on your area. In most areas, adding an additional 25% to the calculator value will give you a more realistic figure. **************************
Views: 4166 The Real Estate Jedi
PROPERTY TAX Tax Assessor-Collector - Property Tax UNDERSTANDING YOUR PROPERTY TAXES Three factors are used to calculate the property taxes you pay: value, exemptions and rate. Appraising the value and granting exemptions is the responsibility of the Tarrant Appraisal District. Tax rates, the primary instrument of taxation, are adopted each year by the local taxing units in which you live. Almost all property owners in Tarrant County will pay taxes to at least five local taxing units: the county, the county college district Tarrant County College, the county hospital district John Peter Smith Health Network, a city and a school district. Some residents will also pay taxes to the Tarrant Water District and/or the Emergency Services District that provides emergency service to residents in unincorporated areas of the county. With the exception of the cities of Grapevine and Colleyville and the Grapevine/Colleyville Independent School District, property taxes for all taxing units wholly within Tarrant County are collected by the county Tax Assessor-Collector through contract. The Tarrant Appraisal District (TAD) is governed by a board of five voting members appointed by the taxing units in the county. The Tax Assessor-Collector sits on the board as an ex officio (non-voting) member. The chief executive officer of the appraisal district in charge of day-to-day operations is the Chief Appraiser. Texas law requires that all property appraisals be fair and uniform and that a roll of all properties with names, addresses, exemptions and values be provided to the taxing units by July 25 of each year. The governing bodies of the local taxing units (school boards, city councils, etc.) publish their Truth In Taxation information every August. This includes the effective and rollback tax rates. The effective rate is the rate required to produce the same revenue from the same properties taxed in both the current and previous years. It does not include new properties or new construction. The rollback rate is the rate that would result in an increase sufficient to trigger a rollback election, currently eight percent. By the end of the fiscal year, the local taxing units must adopt their operating budgets for the coming year and a tax rate that is projected to produce enough revenue to fund the budget. For the vast majority of taxing units, the fiscal year ends September 30, although some entities in the state have a fiscal year that ends June 30. The county Tax Assessor-Collector takes the value data from TAD, applies the tax rates adopted by the taxing units and sends out tax statements in October of each year. Although taxpayers have until January 31 of the following calendar year to pay their property taxes without incurring penalty and interest, taxes are due upon receipt of the tax statement. The property tax system in Texas is designed to ensure that elected officials who are accountable to the people determine how much taxes you pay. Each year the various school boards, city councils, commissioners’ courts and other governing bodies adopt tax rates that will increase revenue, decrease revenue or keep revenue the same as the previous year. The property values and projected revenue level are known before the tax rate is adopted. Therefore, the tax rates adopted by local elected officials determine the amount of taxes that appear on your tax statement. Tax payers concerned about the amount of taxes they pay are urged to contact their local elected officials. Call John Schepps Today 817-235-8040 True Homes Photography www.truehomesphoto.com
Views: 284 The Schepps Team
http://www.taxsalesupport.com Topic: Learn how to research county records for tax lien and tax deed investing. Training Video on how to research upcoming tax sales and review property values. Be sure to check out our newest training videos for up to date topics. Subscribe for more great videos, and to keep up to date on all the hottest Tax Lien & Deed investing strategies and upcoming auctions! FREE EBOOK SERIES: Are you new to Tax Sale Investing? ($29 Value) Download our free eBook Series (as seen on TV) “Tax Lien Investor Secrets” at http://secretsoftaxlieninvesting.com TAX SALE INVESTORS SOCIAL NETWORK: Join the 1st Online Social Network for Tax Lien and Tax Deed investors. Create a Profile, check out the Forum and start interacting with other investors. Its Free to join at https://www.taxsalesocial.com/ TSS PROGRAM & AUCTION LIST MEMBERSHIP: Do you need additional tax sale training? Our Membership program starts at only $29 a month and comes with a 30-Day Money Back Guarantee! You won’t find a better value for tax sale education period. We provide the training books, auctions & OCT lists, weekly webinars and much more. Find out how you can become a Member at http://www.taxsalesupport.com SECONDARY MARKET: Don’t have time to attend the auctions yourself? You might be a good candidate for our Secondary Tax Lien & Deed Program. Learn about the Secondary Tax Lien/Deed Market at http://www.secondarytaxlien.com FOLLOW US ON SOCIAL MEDIA Facebook: https://www.facebook.com/TaxSaleSupport/ Twitter: https://twitter.com/TaxSaleSupport1 THE BEST INVESTMENT PERIOD: You can safely earn Double Digit Returns on your money with Tax Liens, and acquire property for 10%-50% of Market Value through Tax Deed Foreclosures. Learn about the new Foreclosure Opportunity available to investors and the methods used to invest in real estate tax liens and tax deeds. Learn about Tax sale buying methods including live auctions, online auctions, over the counter investing and Bank Owned Secondary Tax Liens & Deeds. OUR COMMITMENT: At Tax Sale Support we are committed to giving inventors the tools and knowledge to become successful with Tax Lien and Tax Deed Investing. Tax Sale Support Founders Stephen Swenson and Shade Ferre have been teaching Tax Sale Investing strategies for over 20 years. Their strategies and techniques have been taught to over sixty thousand investors at seminars, coaching programs, online trainings and even on TV. You won’t find a better value for tax sale training then working with Stephen & Shades Team at Tax Sale Support. Thanks, SJ Swenson & Shade F http://www.taxsalesupport.com
Views: 17800 Tax Sale Secrets
AnatoliaTaxAppeal.com is a local valuation company serving home owners in the Greater Sacramento Region as a consultant in the process of lowering property taxes. Our rates are very reasonable and we are very familiar with the local real estate market, neighborhood housing trends, the tax appeal process and the enormous changes in property values in the region over the past several years. We know the Anatolia neighborhood well and we hope to serve you soon. Contact us today at 916-595-3735 or [email protected] http://www.AnatoliaTaxAppeal.com
Views: 154 Ryan Lundquist
Gain updates on foreign ownership policies, property lease and taxations in relation to Thailand properties from Archaree Suppakrucha, Senior Associate from ZICOlaw, Thailand.
Views: 698 PropertyGuru Group
Property Prices are going at the auction
Views: 452 Philly Urban Investments