Members unicorn Posted April 8 Author Members Posted April 8 2 hours ago, Mavica said: ... In Co-ops your monthly fee includes ...annual real estate taxes and other fees... Well, if it includes real estate taxes, that's fine. Where I lived in the SF area, real estate taxes were not included, and varied greatly according to how long you've lived there (in California, real estate taxes can only go up by the amount of inflation until the home is sold, then it goes up wildly). Real estate taxes can be really nuts in California, and, because one can only deduct up to a certain amount against one's income taxes, it's actually possible to pay more in taxes than one's net income. That actually happened to me one year. Is this more in line with Manhattan HOA dues at $1448/mo for this tiny place? https://www.zillow.com/homedetails/104-W-70th-St-APT-3D-New-York-NY-10023/31521250_zpid/ Mavica 1 Quote
Members unicorn Posted April 8 Author Members Posted April 8 This one's dues are $3000/mo.... https://www.zillow.com/homedetails/20-W-64th-St-41GH-New-York-NY-10023/343914391_zpid/ Mavica 1 Quote
Keithambrose Posted April 8 Posted April 8 2 hours ago, unicorn said: Well, if it includes real estate taxes, that's fine. Where I lived in the SF area, real estate taxes were not included, and varied greatly according to how long you've lived there (in California, real estate taxes can only go up by the amount of inflation until the home is sold, then it goes up wildly). Real estate taxes can be really nuts in California, and, because one can only deduct up to a certain amount against one's income taxes, it's actually possible to pay more in taxes than one's net income. That actually happened to me one year. Is this more in line with Manhattan HOA dues at $1448/mo for this tiny place? https://www.zillow.com/homedetails/104-W-70th-St-APT-3D-New-York-NY-10023/31521250_zpid/ In UK, you cannot deduct any real estate taxes! Mind you, they are a lot lower than parts of the US. Quote
Keithambrose Posted April 10 Posted April 10 On 4/8/2024 at 4:55 AM, Keithambrose said: OK. Bit easier in the UK. Most done online. PS. I just texted my pensions advisor, a query. I got an out of office, which gave 3 colleagues who could deal with my query. They were automatically sent my message, and my query was dealt with the same day. unicorn 1 Quote
