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Old 02-01-2010, 09:51 AM
 
Location: Boise, Idaho
123 posts, read 157,215 times
Reputation: 67

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WAHOO! I just heard that Alaska has a property tax exemption for the first $150K value for people 65 and up.
Alaska Division of Community and Regional Affairs
That could make a HUGE difference for us! One more yr and Mr. Handsome will qualify. Hey, he thought it was cool when he started getting a senior discount at his favorite resturaunts and got free entrance to the high school football games. Wait till he hears about THIS!
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Old 02-01-2010, 10:25 AM
 
Location: Alaska and Texas
202 posts, read 524,388 times
Reputation: 137
Default exemption

Don't tell anyone but it's $300,000 in the Kenai Borough. It was unlimited until they capped it a couple years ago.
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Old 02-01-2010, 06:23 PM
 
Location: The Woods
14,417 posts, read 13,704,456 times
Reputation: 6071
Some parts of AK don't have any property taxes...
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Old 02-01-2010, 06:29 PM
 
Location: Boise, Idaho
123 posts, read 157,215 times
Reputation: 67
Quote:
Originally Posted by arctichomesteader View Post
Some parts of AK don't have any property taxes...
Yeah, but I suspect those are all in the interior where it gets freeze-your-boogers cold. Not for me. Besides, while the Bush seems very exciting and romantic, I want the services of being near town...not Anchorage by any means, but Mat-Su Valley is Baby-Bear sized for me (not too big, not too small, but JUST RIGHT.)
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Old 02-01-2010, 07:27 PM
 
4,988 posts, read 5,624,935 times
Reputation: 3203
Quote:
Originally Posted by malagagirl View Post
WAHOO! I just heard that Alaska has a property tax exemption for the first $150K value for people 65 and up.
Alaska Division of Community and Regional Affairs
That could make a HUGE difference for us! One more yr and Mr. Handsome will qualify. Hey, he thought it was cool when he started getting a senior discount at his favorite resturaunts and got free entrance to the high school football games. Wait till he hears about THIS!
It doesn't matter. If you claim an exemption they will simply fudge your appraisal to make up the difference. Crooks... every last one of them...
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Old 02-01-2010, 09:15 PM
 
Location: Not far from Fairbanks, AK
13,046 posts, read 14,640,744 times
Reputation: 8425
Quote:
Originally Posted by malagagirl View Post
WAHOO! I just heard that Alaska has a property tax exemption for the first $150K value for people 65 and up.
Alaska Division of Community and Regional Affairs
That could make a HUGE difference for us! One more yr and Mr. Handsome will qualify. Hey, he thought it was cool when he started getting a senior discount at his favorite resturaunts and got free entrance to the high school football games. Wait till he hears about THIS!
All depends on where in Alaska you have a home. For example, I bought my home in the Fairbanks North Star Borough. The loan was for $106,000 back in 1992, and the house is almost paid for because my wife pays from $250.00-$300.00 per month against the principal.

According the the borough, my house has a market value of over $280,000, so i pay around $3,000 on property tax alone. When I turn 65 I will get an exception, but you can see how the borough still make a lot of money on property tax because they tax you on the market value of the house.

Houses are very expensive in and around Fairbanks. Some of my neighbors have a lot larger homes than mine, and some of these are "Liberty Homes" that cost around $300,000 and more.

Other costs associated with buying homes outside the city of Fairbanks, and North Pole are:

-Septic pumping , $300.00 per year.
-Electric bill for a small house (around 1,700 sq. feet), over $200.00 per month.
-Heating fuel bill, around $350.00-$450.00 per month (average) at fuel costing $3.62 per gallon, x 12 months.

Domestic water usually is pumped from the ground, but only if your home is not on the hills around Fairbanks. In that case, you can buy water in Fairbanks, or have water delivered to you for around $0.10 (cents) per gallon. Now, depending on where around Fairbanks your home is located at, some areas are covered by College Utilities (sewage and water), and their price for these aren't bad at all.

By the way, if you hunt, trap, and fish: Alaska gives you a lifetime license when you turn 60, free of charge. The license includes a salmon stamp, and State duck stamp.

Eres Española?

Last edited by RayinAK; 02-01-2010 at 09:24 PM..
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Old 02-01-2010, 11:52 PM
 
Location: Boise, Idaho
123 posts, read 157,215 times
Reputation: 67
Default No Espanola

Quote:
Originally Posted by RayinAK View Post

Eres Española?
No. Malaga WASHINGTON, (near Wenatchee), not Malaga, Spain.
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Old 02-02-2010, 11:32 PM
 
Location: Not far from Fairbanks, AK
13,046 posts, read 14,640,744 times
Reputation: 8425
Quote:
Originally Posted by malagagirl View Post
No. Malaga WASHINGTON, (near Wenatchee), not Malaga, Spain.
I had no idea there was a town in WA called Malaga.
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Old 02-03-2010, 12:26 AM
 
Location: The end of the road Alaska
852 posts, read 1,127,032 times
Reputation: 1623
And at 60 your hunting/trapping/fishing license is free for life.
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Old 02-03-2010, 12:56 AM
 
Location: Boise, Idaho
123 posts, read 157,215 times
Reputation: 67
Default Malaga

Quote:
Originally Posted by RayinAK View Post
I had no idea there was a town in WA called Malaga.
Easy to miss. It's a VERY small little spot about 8 miles south of Wenatchee. It's quite lovely. Columbia River in the front yard, Cascade mountains in the backyard. Apple/pear/cherry orchards everywhere you look. We lived in a small housing development called "Three Lakes", right on the edge of a manmade lake, about 20 acres of water chock full of bass, bluegill, crappie and perch with the occassional liberated goldfish. Nice four season climate and about 300 days of sunshine a year. We lived there 1997-2002 and enjoyed it thoroughly.
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