Article - Most home renovations don't pay off
In article ,
Vic Smith wrote:
And Florida skies.
Be very afraid of Florida. Their RE taxes are more based on the
outcomes from a random number generator than anything else. The biggest
being that they capped increases for those livingin their homes.
However, when that house is sold, the property taxes are "caught up", so
last years property tax for the owner could very well be 10% or even 50%
or more less than what you would spend. And this is just the idiocy that
is easiest to explain.
--
"Even I realized that money was to politicians what the ecalyptus tree is to koala bears: food, water, shelter and something to crap on."
---PJ O'Rourke
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