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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! Increases in your assessed value can sometimes be negotiated downward, saving you tax money. What is assessed value? Who does the assessment?

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No. 22 for state and local sales tax. Iowa also doesn’t tax Social Security benefits , and Iowans age 55 and older are exempt from paying state taxes on retirement income for tax year 2023. The state ranks No.

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How to Determine Home Value

Savings Corner

The long answer depends on the market and whether you’re asking a lender, an agent or a county tax assessor. Knowing how to calculate your home’s value with the help of online tools and trained professionals better prepares you to buy, sell, refinance, tap into your home’s equity — or even negotiate lower property taxes.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

My husband and I are self-employed and own a chiropractic office where he is the chiropractor and I am the business manager. After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. However a few years ago, we found ourselves with too much debt and not enough cash.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. I still use my spreadsheet to this day!

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How We Paid off Six Figures of Debt

Family Balance Sheet

How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Everything looked great on paper.

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