My house has gone up 114k in value in 2 months. How will this screw me in taxes next year?

like
Posting as :
works at
You are currently posting as works at

You’re capped at 10% of the current value… so depending on what your current value is, I doubt you’ll be screwed

like

This sort of happened to us. We bought our house in July a few years ago and they tried to raise the property tax by 10%. I debated it and got them to not raise it for 2 years.

There was some online system, but I ended up calling and talking to someone about it. This was right before Covid so procedures were different.

New to the real estate market here. Can you explain the capping piece. 10% of purchase price?

Thank you! Do you have any experience filing for homestead?

funny

Related Posts

Which banks offer best NPS . Do we need to have savings bank account in that bank to open NPS account .

I heard 50 k is tax exempt under NPS apart from 1.5 lakh towards 80 C. Is it correct ? What if we make partial withdrawl from tier 2 savings , will that be tax free ?

I am in 30% bracket. I already claimed HRA, 1.5 lakh in 80 C, 50 k in 80 D . What are the other options in which I can save TAX.

like

Alright, question of the day: 2017 C63s Sedan vs 2017 C43 Sedan. Figuring a roughly $12k difference in purchase price. Is it worth it? Will I bet able to get close to that 12k difference when I sell the car in 3-5 years?

like

Any VPs/experienced associates in this group who have helped their clients market, and even monetize, tax basis step up’s on transaction? If so, how do you value the attributes (do you take a rough swig or use a tax advisor to create the model)?

I have viewed some properties each with two different Realtors in toronto canada. I havent signed any agreement that i will purchase the house through any of both realtors. I dont want to go with one of them realtor now. Will other realtor sue me for any money as they have shown me some listings and spent some time on my case?

How often do you refresh your cryptocurrency balance?

like

I get 100% match on the first 5% on 401k contributions.
Access to HSA, ESPP, and other basic benefits. How can I minimize taxes, but also keep a good take home pay?

Trying to find the sweet spot of contributing to save on taxes/retirement. Yet also want to keep enough in my take home Pay.

like

Leaving company. Looking to rollover 401k. Any reason to keep 401k with ACN?

like

SD rent prices are just about the same as SF right now. It’s blowing my mind.

like

I signed up for the boundless card RIGHT before covid to get the 15 elite nights but now those nights are completely useless. Is it smartest to cancel the card right now and sign up again in 48 months

like

Today, I officially have enough money to pay off the entire balance of my student loans. Won’t pull the trigger until SCOTUS issues a decision, but having the ability to do so is such a weight off my shoulders that I had to tell someone.

likeuplifting

Homebuyers: how did you decide when to put in an offer? We’ve been looking around for about 2-3 weeks (in the East Bay, FWIW). A house we were interested in dropped the listing price by $27K on Friday and then today, our agent texted me saying that the selling agent was “begging for contracts”. We really like the house but there are a few downsides. With the housing market seemingly slowing down, we’re also afraid of buying at the peak of the market. Looking for any wisdom or advice. TIA!

like

Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

like

Does anyone use ADP for end to end including payroll and background checks, and recruitment?

KPMG folks, do you have a real pension or is it just a cash value like at EY? What is the vesting period for it?

like

I’m looking to hit into our San Diego office licensed insurance. Professionals. If ur not getting superior trading and a training subsidy you need to move before u add too many clients.

like

Hi! New to investing and had a question... I like the idea of buying index funds - but I want to decrease exposure to fluffy companies without results and focus more on stable companies. In this case, what would be a good etf to buy? I saw VTV is a value index - would this be a better one to buy then voo? Or should I just buy VOO until I get some more experience in investing?

like

best stocks under $35 to do the Triple Wheel Strategy?

like

ASK: Planning on moving from Dallas to San Diego. Has anyone made a similar move? Can anyone suggest some good suburbs with great schools? Is 750k a reasonable budget to buy a new home in the suburbs with a great school? Right now, I'm leaning towards Carlsbad, San Marcos. TIA!

like

What to select in Form 11 for the below question when moving from JP Morgan to Wells Fargo:

Whether earlier a member of employees pension scheme 1955?
a. Yes

What’s the catch with UVXY? I am new to investing and made some money on it but I bought/sold it within a couple days. Couldn’t you essentially buy a lot and hold onto it until the market is doing poorly and cash in on it? What am I missing here?

like

More Posts

Who here has pitched an idea only to be told that it's a dumb one but then you see a commercial and it's your idea?

like

Hello,
I'm a working professional looking for a room in a PG/ co-living facilities to move in from may 1st.
Preferred areas: near RMZ Ecoworld, bellandur, green Glen layout
Budget: 12-15k
Any leads would be appreciated.
Thanks in advance.

like

What would be various advertising strategies for a general public Airline company?

Currently on the bench awaiting clearance before I can join my project (as public/defence) working in Tech Strategy/Transformation. What training/certifications would you recommend to make the most of this time?

like

Any one participated in “FIS code Fest - 2022” ?

like

Hello Fishes

Need referral

YOE - 4
Tech stack - Salesforce developer

I saw an opening for Salesforce Engineer at Atlassian.

Could you please refer me for that.

Thanks

like

Which career makes more. Big4 partners or specialty surgeons?

like

Has increasing to a higher strength of Tretinoin impacted your period?

like

27F, Pakistani, Northeast US, open to relocation in the US but strong preference for the Northeast

Hijabi, no drinking / drugs / tats, pretty moderate in religion (just basics)

like

I have tried to change my company and name on here to no avail. Can someone tell me why it has the wrong company name where I put mine and why it won’t let me change my name to anonymous?

𝐂𝐨𝐨𝐤𝐢𝐞𝐬 𝐢𝐧 𝐒𝐀𝐏 𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐅𝐚𝐜𝐭𝐨𝐫𝐬

In SAP SuccessFactors, cookies are available for each solution in the SAP SuccessFactors HXM Suite. There are different types of cookies like Session and Persistent, Sample list below:

Post Photo

Hi Fishes, I got a call from a consultancy (Avigna AB) about an on site opportunity in Sweden. In the initial discussion, they mentioned that that the visa processing shall take 2-3 months, during which I'll be paid Indian salary. Their upper limit for Indian salary is my current salary, although they offered to give a max of 15% on my current. The salary range for this role, in Swedish króna is between 45-50k.
Im a little confused on whether to move forward or not. Any advise?

funny

What are some good certifications one can do for Management / Business consulting?

like

Charcuterie boards would be better with pringles instead of crackers

likefunny

Best hair dye for medium dark brown hair? I’m only 25 but have hundreds of white hairs and have never dyed my hair before. Not trying to damage my hair bad tho.

Post Photo
likefunny

Has anyone has success taking vyvanse every three days or every other day? Typically take 50mg daily but the side effects have become difficult - trouble falling asleep, increase in anxiety- but not taking it isn’t an option for me as it’s nearly impossible for to stay focused with work. Just curious about others experiences before I raise with my doctor.

like

Is WLB in the region really as bad as it's made out to be? Any firms or countries to target that offer better wlb than others?

Any thoughts on responding to RFPs on RFPpalooza or other aggregate sites like that?

like

Hearing a lot about a recession happening at EOY. I am currently at Dell and have only been there for 7 months amd hate it. Had final interviews with Meta and Amazon this week. Would it be smart to move to either of these companies knowing a recession is coming?

Anyone else want to change into comfy sweats and slippers mid day, while at the office.. or is it just me? I love work clothes but I swear I’m more productive when I’m in lounge wear.

like

Additional Posts in The Dallas Bowl

Does anyone know of apts that lease monthly or do 3 month leases?

like

Where do the late 20s early 30-something’s hang out and have fun in Dallas?

like

My wife and I are new to Dallas. Where do we meet people?

like

Could be a long stretch, but anyone in Texas have bought a home with Megatel Property?

like

Hi Dallas Consulting Bowl - if anyone is interested in Accenture openings, please DM me. I’ve gone three for three in referrals in the last four months. I’m happy to help someone and keep this lucky streak going!

like

I recently started a job in Addison and I’m looking for an apartment in DFW. Currently living in south Dallas near cedar hill so I have an hour drive for work. I found a place in Fort Worth that I love plus its in budget. But the drive world turn into an hour and fifteen. I can’t seem to find a good deal anywhere near work should I just live far and make the daily drive?

like

Moving to Dallas in March from Philadelphia. Can anybody recommend good apartment complexes to live in Dallas? Looking at Uptown, near (dog) parks, and with a budget of 2300 ish but cheapest is best.

like

Any suggested dog trainers in/around Dallas? Had a consultation with Sit Means Sit in south dallas and the program seems quality and effective but is almost $2500 after taxes.

like

Im a recent MSBA graduate, and looking for a job. What consultant firms would you recommend in Dallas that aren’t MBB or Big 4?

like

Realtor recommendations? Or any advice on how to find a good realtor? Wife and I are looking to purchase our first home preferably in Lakewood area but also looking at Canyon Creek area and a few other but all Dallas county if that makes a difference.

Thanks!

like

Looking for a dentist in the Dallas/Plano/Frisco area. Any suggestions?

like

Anyone have advice on lakes within easy driving distance of Dallas (<3 hrs) that would be good to look at for property.

like

Any good nail salons in North Dallas / Plano area? TIA!

like

Anyone have advice on protesting property tax increases for a recently purchased home?

Appraised value went from 540K to 700K...

likefunny

Anyone here Jamaican?

uplifting

Any local apps or sites for apartment / house sharing ? Not in for signing lease.

like

I need to find new apartment but there are just too many options. Where are the best areas to live in Dallas/close to Dallas? Does anyone know an apartment locator?

like

Anyone have recs for a Nephrologist/Kidney doc?

like

I am happy to c