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Property tax and inflation.
#10
HereOnThePrimalEdge -  I asked her, “by the way, what do my property taxes pay for?”  In an exasperated tone she rattled off 5 or 10 things.  I replied “oh, I don’t use any of that.”
Out of curiosity, do you happen to remember any of the items mentioned? I know hurr durr "taxes bad", but I have a hard time believing you don't ever use any county roads, parks, or public safety services. (oh wait, you're in that HPP hellhole we keep hearing about here - maybe you don't actually get any County services there ;)

achutch3 - Hawai’i still has some of the lowest property taxes on your primary residence but it appears anyone with multiple homes or properties are gunna start payin for it.
As Hawai'i County actually dropped their Homeowner and Affordable Renting Housing property tax rates, and didn't change any of the others between 2023 and 2024, the increase in property tax this year seems to be from an increase in the value of the assets. It sounds like OP owns multiple investment properties that have apparently increased in value ~4x since purchase - congrats! I guess if you want lower taxes you could root for a crash in the real-estate market so your assessment comps are lower next time? Won't some one think of the landed gentry's taxes and bring on the market meltdown? (no, seriously, young people would actually like to buy a house once in their lifetime)

Also, Hawai'i will move from the highest to the 4th lowest tax burden after the recent historic tax cuts finish going into effect. If the taxes are still too much, there's always Alaska, New Hampshire, and Wyoming! (let us know how their County beach parks compare - if you have ever used ours of course ;)
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Messages In This Thread
Property tax and inflation. - by Amrita - 07-23-2024, 02:46 AM
RE: Property tax and inflation. - by achutch3 - 07-23-2024, 05:04 AM
RE: Property tax and inflation. - by ChunksterK - 07-23-2024, 05:17 AM
RE: Property tax and inflation. - by HiloJulie - 07-23-2024, 06:08 AM
RE: Property tax and inflation. - by terracore - 08-01-2024, 11:23 PM
RE: Property tax and inflation. - by Durian Fiend - 08-06-2024, 02:58 PM
RE: Property tax and inflation. - by kalakoa - 08-06-2024, 07:37 PM
RE: Property tax and inflation. - by ironyak - 08-07-2024, 06:34 AM
RE: Property tax and inflation. - by keaau mary - 08-07-2024, 08:52 PM
RE: Property tax and inflation. - by achutch3 - 08-06-2024, 09:30 PM
RE: Property tax and inflation. - by kalakoa - 08-07-2024, 04:46 PM
RE: Property tax and inflation. - by ironyak - 08-07-2024, 05:34 PM
RE: Property tax and inflation. - by Durian Fiend - 08-07-2024, 08:25 PM
RE: Property tax and inflation. - by ironyak - 08-08-2024, 06:16 PM
RE: Property tax and inflation. - by kalakoa - 08-07-2024, 08:50 PM
RE: Property tax and inflation. - by Punatang - 08-07-2024, 10:49 PM
RE: Property tax and inflation. - by terracore - 08-08-2024, 07:58 PM
RE: Property tax and inflation. - by ironyak - 08-09-2024, 04:51 AM
RE: Property tax and inflation. - by kalianna - 08-09-2024, 05:04 AM
RE: Property tax and inflation. - by ironyak - 08-09-2024, 06:24 PM
RE: Property tax and inflation. - by ironyak - 08-10-2024, 06:03 PM
RE: Property tax and inflation. - by ChunksterK - 08-09-2024, 07:57 PM
RE: Property tax and inflation. - by ChunksterK - 08-10-2024, 06:26 PM
RE: Property tax and inflation. - by ironyak - 08-13-2024, 06:03 PM
RE: Property tax and inflation. - by terracore - 08-13-2024, 08:20 AM
RE: Property tax and inflation. - by leilanidude - 08-13-2024, 10:47 PM
RE: Property tax and inflation. - by ironyak - 08-14-2024, 06:21 PM
RE: Property tax and inflation. - by leilanidude - 08-14-2024, 09:50 PM

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