article thumbnail

Save Taxes: Negotiate A Reduction in Your Assessed Value

Prairie Eco-Thrifter

If you own real estate, you have been, or someday will be, confronted with a rise in your assessed property value. This usually leads to an increase in your real estate taxes! Assessed value is the value that will be used in determining how much you will pay in real estate taxes. Real estate market movement.

article thumbnail

Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Next I collected and reviewed the past two years worth of expenditures to see exactly what our actuals were. Then I collected and reviewed the past five years of income from non-job related sources to see what our income averages were. I counted only on getting the lowest years incomes. Remember to include taxes as an expense.