in Miami-Dade county! Is there something similar in your city or county?
2007-12-11 09:39:16 · 5 answers · asked by mybusiness2 1 in Business & Finance ➔ Taxes ➔ United States
I live in another state. Our paper ran a similar article using our city's numbers. (I suspect every paper will run such an article eventually.)
After screaming in the headlines how many people hadn't paid, they admitted a good number of them were legally deferring their taxes. (My area stupidly says if you are over 65, you can defer the taxes until you sell the house...Even if you have $1million in the bank! And this is after the tax bills were frozen at the amount they paid when they turned 65. Meanwhile my bill goes up and up and up.)
2007-12-12 05:18:48 · answer #1 · answered by Anonymous · 0⤊ 0⤋
One of the issues with tax collection in metro districts is the small size of the tax bills, although this is more likely in more rural areas than Miami-Dade. Even so, if the valuation is very low (ie, it's been 40 years since the last assessment so property values upon which the tax is assessed reflect the price paid in 1967), then the tax bill will be very low, and so it may not make sense administratively to aggressively go after a homeowner.
Sending a letter is cheap. Having a muni attorney write an affidavit or a writ could cost $150 to $300 or more when the cost of hiring a process server is included. Taking a homeowner to court could take months and run costs into the thousands.
Often, metro areas are understaffed when it comes to such enforcement. It may be that some areas will begin to follow trends in industry, such as selling the collection rights on these receivables to professional collection agencies. The metro municipality receives pennies on the dollar, and the collection agency gets business, although they are generally far less lenient in their tactics than are the metro employees.
Otherwise, unpaid taxes could be considered an unofficial tax break for those with very little wealth in real estate.
2007-12-11 20:46:14 · answer #2 · answered by Veritatum17 6 · 0⤊ 0⤋
Given the size of Miami-Dade, that's probably a typical rate.
2007-12-11 17:51:23 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
v b, where are you living? also heard that in CA, prop 13 froze the property taxes for long time home owners, discriminating once more against the young. when is this going to end?
2007-12-12 18:00:20 · answer #4 · answered by Juana 2 · 0⤊ 0⤋
best of luck to them. If you don't pay the property tax after awhile the government will seize and auction off the home.
2007-12-11 18:05:59 · answer #5 · answered by Cysteine 6 · 0⤊ 0⤋