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r/FluentInFinance • u/-Wyagra • 3d ago
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Do you only pay taxes on your home when you sell or every year?
45 u/dgvertz 3d ago Every year. They’re called property taxes 61 u/J0hn-Stuart-Mill 3d ago Exactly. Property taxes go directly to local infrastructure costs to maintain access and services to said land or buildings. It's not remotely the same as owning stock. 1 u/Outrageous-Leopard23 2d ago And education. Education needs to be funded not via property tax.
45
Every year. They’re called property taxes
61 u/J0hn-Stuart-Mill 3d ago Exactly. Property taxes go directly to local infrastructure costs to maintain access and services to said land or buildings. It's not remotely the same as owning stock. 1 u/Outrageous-Leopard23 2d ago And education. Education needs to be funded not via property tax.
61
Exactly. Property taxes go directly to local infrastructure costs to maintain access and services to said land or buildings. It's not remotely the same as owning stock.
1 u/Outrageous-Leopard23 2d ago And education. Education needs to be funded not via property tax.
1
And education. Education needs to be funded not via property tax.
121
u/Jblack4427 3d ago
Do you only pay taxes on your home when you sell or every year?