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Don't know where it should go? Stick it here! Part V
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![]() Send message Joined: 9 Jun 99 Posts: 31139 Credit: 57,275,487 RAC: 157 ![]() ![]() |
It always amuses me the differences between the UK and the USA Closing costs typically also include a few other things: the Realtor's commission, title insurance, prorated property tax, inspection fees, and a home warranty. ![]() |
![]() ![]() ![]() ![]() ![]() Send message Joined: 25 Dec 00 Posts: 31182 Credit: 53,134,872 RAC: 32 ![]() ![]() |
Are tax records in the public domain in the States? Doesn't look like Google has put the plot map as a layer there, but it looks like the property has a couple of detached guest houses, a couple lakes, at least a couple holes of private golf course ... |
rob smith ![]() ![]() ![]() Send message Joined: 7 Mar 03 Posts: 22723 Credit: 416,307,556 RAC: 380 ![]() ![]() |
VAT is a tax on sales (as well as many other transactions) - you have GST, which is a fair approximation to it. Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
![]() Send message Joined: 9 Jun 99 Posts: 31139 Credit: 57,275,487 RAC: 157 ![]() ![]() |
In the US we don't have a value added or sale tax on real estate. However, we do have a capital gains tax. Subject to a number of exclusions we have to pay tax on the gain we realized on the sale of property. Ie: if we buy a house for $1 million and sell it for $1.5 then we would pay tax on the $0.5 million. (unless you are a married couple and lived in the house for 2 of the prior 5 years in which case you get to exclude half a million and pay no tax.) ![]() |
![]() ![]() ![]() Send message Joined: 16 Oct 07 Posts: 13131 Credit: 39,854,104 RAC: 31 ![]() ![]() |
Location, location, location... a million dollars doesn't buy you what you think it would in the SF Bay Area. If I had a million dollars |
![]() Send message Joined: 9 Jun 99 Posts: 31139 Credit: 57,275,487 RAC: 157 ![]() ![]() |
I just used round numbers. But Angela is right about location. A million in SF would allow you to buy ![]() A nice 2 bedroom 1 bath home. In Newport Beach, near me, a million would get you: ![]() A 4 bedroom 3.5 bath home Out near Vic there is nothing at that price. The closest home I could find even near a million is: ![]() This Apple Valley 7 beds 6 baths home for $899,000. |
![]() ![]() ![]() Send message Joined: 16 Oct 07 Posts: 13131 Credit: 39,854,104 RAC: 31 ![]() ![]() |
I honestly don't know WHAT I would do with six bathrooms. A gal can only tinkle so much! |
Grant (SSSF) Send message Joined: 19 Aug 99 Posts: 13904 Credit: 208,696,464 RAC: 304 ![]() ![]() |
I honestly don't know WHAT I would do with six bathrooms. A gal can only tinkle so much! 5 kids? When I was much younger, most of the places our family lived in had 1 bathroom and toilet, or 2 bathrooms, but still only the one toilet. With 2 brothers & a sister, and Mum & Dad, mornings could get a bit hectic. Then when other families came to visit... Especially in Winter it paid to be the first to use the toilet as the plumbing at that end of the house tended to freeze on really cold nights. There was just that 1 flush till later in the morning (or early in the afternoon) when the water started to flow again. Generally we made use of the kitchen water supply & a bucket to keep things from getting too smelly. Grant Darwin NT |
rob smith ![]() ![]() ![]() Send message Joined: 7 Mar 03 Posts: 22723 Credit: 416,307,556 RAC: 380 ![]() ![]() |
One would have to use the neighbour's one day a week.... Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
moomin ![]() Send message Joined: 21 Oct 17 Posts: 6204 Credit: 38,420 RAC: 0 ![]() |
Finland Voine, Voine.... And Kosipää! You know nothing about finn sentiment or politics. Pjosks! Person like Urho Kekkonen and the two wars against Russia in the WWII. And Jarmo Bräkinen:) https://www.youtube.com/watch?v=rscNUpAKCME |
Admiral Gloval ![]() Send message Joined: 31 Mar 13 Posts: 21739 Credit: 5,308,449 RAC: 0 ![]() |
I honestly don't know WHAT I would do with six bathrooms. A gal can only tinkle so much! Nope. Hers and his with 4 kids. ![]() ![]() |
![]() Send message Joined: 9 Jun 99 Posts: 31139 Credit: 57,275,487 RAC: 157 ![]() ![]() |
I honestly don't know WHAT I would do with six bathrooms. A gal can only tinkle so much! I have a friend (from a wealthy family) who bought a 12 bedroom house. When I asked her why so large she jokingly told me it was because she wanted a clean bedroom each month and this way she only clean the house once a year. |
Richard Haselgrove ![]() Send message Joined: 4 Jul 99 Posts: 14690 Credit: 200,643,578 RAC: 874 ![]() ![]() |
She can buy the house, but won't hire any help?I honestly don't know WHAT I would do with six bathrooms. A gal can only tinkle so much!I have a friend (from a wealthy family) who bought a 12 bedroom house. When I asked her why so large she jokingly told me it was because she wanted a clean bedroom each month and this way she only clean the house once a year. |
![]() ![]() Send message Joined: 5 Nov 00 Posts: 12094 Credit: 6,317,865 RAC: 0 ![]() |
Was just poking around on the local real estate property tax website, and found Papa John's house here is assessed at $11 million, with a tax bill this year of about $38,000. That's a lot of pizza! Indeed, the neighborhood affects the assessment. Even though by national standards, Louisville is cheap, in other parts of town, the same square footage as what I have goes for a lot more, and there are other neighborhoods where you can get what I have for significantly less. ![]() |
Dr Who Fan ![]() Send message Joined: 8 Jan 01 Posts: 3412 Credit: 715,342 RAC: 4 ![]() |
Does this sound your "job"? Everyday heroes: family admins There are unsung heroes out there, especially those who accomplish ungrateful tasks out of a sense of duty or charity for others. While there's International Volunteer Day and much appreciation for social commitment, one species of helpers mostly stays in the background: family administrators. It took a while for their field of activity to take form but it's seen rapid growth in the wake of mass Internet use ever since! I'd like to honor these ladies and gentlemen by describing their typical daily routine. And believe me, it's not as fictional as you might think. |
W-K 666 ![]() Send message Joined: 18 May 99 Posts: 19553 Credit: 40,757,560 RAC: 67 ![]() ![]() |
Reboot of "Spitting Image" because of you know who??? Donald Trump's 'Spitting Image' to go on show A rubber caricature of US President Donald Trump designed by one of the creators of satirical TV show Spitting Image is to go on display. |
![]() ![]() Send message Joined: 5 Nov 00 Posts: 12094 Credit: 6,317,865 RAC: 0 ![]() |
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![]() ![]() Send message Joined: 5 Nov 00 Posts: 12094 Credit: 6,317,865 RAC: 0 ![]() |
Things that drive you potty No. 137 That reminds me, the place where I like to go for Scotch eggs always brings out a cute little mini jar of Coleman's mustard with it, and the jar is always full in spite of the fact people stick their knives in it for a dollup or two. Do they top off the jars or use new ones everytime? ![]() |
Monday ![]() ![]() ![]() ![]() Send message Joined: 24 Sep 05 Posts: 9676 Credit: 20,067,888 RAC: 12 ![]() ![]() |
My internet provider (Telstra) has just given me an extra 500GB of data downloads for free. That makes it 1000GB. How cool eh? |
![]() Send message Joined: 9 Jun 99 Posts: 31139 Credit: 57,275,487 RAC: 157 ![]() ![]() |
Our system is different. I have unlimited data on both our cell phones and cable. I do pay extra for speed. 60 Mbps is standard and I pay $10 a month extra for 100 Mbps. Here is what my wireless lap top is actually getting. ![]() My son who is a gamer is hardwired. He typically gets the full 100 Mbps. ![]() |
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