
03-30-2023, 06:14 AM
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Sage
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Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,780
Thanks: 653
Thanked 2,772 Times in 1,346 Posts
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Quote:
Originally Posted by Velvet
If they buy an average say 10 year old designer house, nothing special no pool, not on golf course etc. with no mortgage no bond, expenses including electricity, gas, irrigation, minimum internet for security cameras and smart thermostat when they are away etc, including property tax (no homestead declaration) and property insurance, and home watch services, pressure wash house, lawn care mow grass, trim bushes, weed and fertilize, and termite bond - total annual cost about $15,000. (Could be more expensive but I assume they’ll shop around.)
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You are about $5-8K low, as your described our house and we are running between $20-23K at current rates. I have the records, and just filed the corporate tax return in March with these figures. The difference between 20-23 is the cable TV service for renters
faux tax guy
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