Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#91
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Please see my reply to Brian if you like. Have a fabulous day! |
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#92
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I don't run on a strict budget but I do watch money like a hawk. I have always been very concerned about money, to the point of suffering now so that I can live well later - the trouble is I'm old as the hills and later may never arrive. I think this is the result of having depression age parents and starting with less than nothing. I have worked hard, saved hard, been really careful with money and lucky with investments. I always tell people (mostly my kids and wife) 'the wealthy stay wealthy by acting poor, the poor stay poor by acting wealthy'. I'm not sure where I stole that saying but I think there's a lot of truth to it. We live well below our means but that doesn't stop me from wanting to watch money closely.
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I've got a pool. I've got a pond. Pond's good for you... |
#93
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It will remove $50,000 of the taxable amount of your property. For example, if your property's taxable value is $300,000, you would only be taxed on $250,000. I haven't done this.. so correct me if this wrong. When someone owns property and makes it his or her permanent residence or the permanent residence of his or her dependent, the property owner may be eligible to receive a homestead exemption that would decrease the property’s taxable value by as much as $50,000. Also .. The BIG one.. The Homestead exemption includes the SOH Assessment Limitation. This limits the amount of tax increase your property can be assessed for a few years. The PDF document for this is here. After the first year a home receives a homestead exemption and the property appraiser assesses it at just value, the assessment for each following year cannot increase more than 3 percent or the percent change in the Consumer Price Index (CPI), whichever is less. |
#94
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#95
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I think this is the result of having depression age parents and starting with less than nothing. I had depression era parents as well. They didn't assimilate into the modern technology world very well. Most depression era survivors didn't emerge with much BUT their skills and work ethic. I can't image living in the era, but it will happen again some day. If the image of spending is uploaded, that is the tax deductions for the house being a rental in an LLC. Much different than just spending time doing accounting work 'cause I love it. note that I just had major buckets of spending. and the maintenance saving are again estimates, sh!t can happen at any time. So for us, Social Security will be 70K+ housing cost at $25K per year leaves enough for groceries, and some retirement vacations! groceries can eat up a lot more of the budget than one might think $400 per week = $20K per year. . almost as much as the cost of the house! |
#96
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With your permission, I'm going to steal that quote....it suits my perspective. I'm acting poor.... |
#97
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I shamelessly steal great ideas and encourage others to do the same.
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I've got a pool. I've got a pond. Pond's good for you... |
#98
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Most people are as happy as they make up their mind to be. Abraham Lincoln |
#99
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There are 5 new Designer Home models announced this week. Several are for sale in the far south of Moultrie Creek (Andrew Machol Ct) in the village of Shady Brook. Their bond is 222V Sumter County. The bond is over $50,000 at 5.15% interest that's $230 a month. Patio Villa is half that in same area. |
#100
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Your estimate for electricity seems low. Depends on the size of your house. Mine averages about 225 a month at my house is 1900 ft.².
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#101
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DUKE or SECO All depends upon whether you have a pool or how hard your air conditioner has to work. along with a few other usage items. . So you need to be a bit more specific about your higher monthly payment. its never just right or wrong. . |
#102
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(I'm fairly certain I have those facts mostly correct. When I heard about it, I stopped paying attention and focused on buying in another state.) Apparently it's the only state that does this. |
#103
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I would plan a significant allowance for eating out, including drinks! The first year or two you live here you will likely have a very active social life!
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#104
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You have a swimming pool? Hot tub? |
#105
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I think electric is a bargain here - I lived in Las Vegas for a few years in the late 90s, and my monthly summer electric bill reached over $500 several times. (And that was for a 2-bedroom condo)
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MICHAEL *The Village of Richmond* |
Closed Thread |
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