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Old 03-11-2015, 12:01 PM
 
147 posts, read 182,889 times
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Is it true that if you own a $100k home, for property taxes this year its only going to rise another $40?

Something seems off here.

I've been told from others that their rents are increasing quite a bit due to the property tax that increased.

Just wondering if its that significant of an increase. Seems like property taxes are already high in Pittsburgh.
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Old 03-11-2015, 12:14 PM
 
Location: Mid-Atlantic
12,526 posts, read 17,546,779 times
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Some will increase, some will decrease, some will stay the same. There is no hard and fast rule for all properties. Landlords may or may not decide to pass the increased taxes, if levied, to their tenants.
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Old 03-11-2015, 12:20 PM
 
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Quote:
Originally Posted by Copanut View Post
Some will increase, some will decrease, some will stay the same. There is no hard and fast rule for all properties. Landlords may or may not decide to pass the increased taxes, if levied, to their tenants.
I dont see how anyone's would decrease or stay the same on a millage increase which is across the board.
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Old 03-11-2015, 12:54 PM
 
Location: Mid-Atlantic
12,526 posts, read 17,546,779 times
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Quote:
Originally Posted by UKyank View Post
I dont see how anyone's would decrease or stay the same on a millage increase which is across the board.
If you assessment went down based on the recent reassessment, it could offset a millage hike.
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Old 03-11-2015, 01:04 PM
 
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Quote:
Originally Posted by Copanut View Post
If you assessment went down based on the recent reassessment, it could offset a millage hike.
But this year, everyone's tax bill will increase
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Old 03-11-2015, 02:25 PM
gg
 
Location: Pittsburgh
26,137 posts, read 25,977,619 times
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Quote:
Originally Posted by UKyank View Post
But this year, everyone's tax bill will increase
Correct and each year we will get less and less for our money due to massive waste and legacy costs of all the giant clunky government workforces, that don't do much.

Enjoy!
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Old 03-11-2015, 05:08 PM
 
Location: Pittsburgh
3,298 posts, read 3,891,781 times
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Depends. I remember getting announcement letters in the mail when the township or school district needed to raise funds. Don't ever believe your millage won't be increased unless you live way out in the boonies.
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Old 03-11-2015, 05:56 PM
 
7 posts, read 10,715 times
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Is there some type of cap?
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Old 03-12-2015, 10:24 PM
 
Location: 15206
1,860 posts, read 2,579,496 times
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Yes, they are increasing by about $40 on average.

Additionally, water and sewage rates went up a lot. like 20% or so. That's a bigger cost than the $40 in taxes.

Plus last year a lot of tax assessments went up.

Still a lot of pot holes.
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Old 03-13-2015, 05:51 AM
 
Location: Pittsburgh
1,491 posts, read 1,460,290 times
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the tax increase is fairly small, but dont be surprised when we keep seeing additional small millage increases each year.

yes, water/sewer rates have gone up a lot. This is more of a hit on landlords who pay the water on their multi unit buildings.
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