article thumbnail

5 Books with Insights that Changed the Way I Think About Money

Prairie Eco-Thrifter

We have to pay for maintenance and property taxes and the interest on the loan. These costs are are only partially offset by the fact that, in the United States, I get a tax deduction for some of them. Even though we bought a house in 2007, I never once expected it to be a money-maker.

Money 237
article thumbnail

Save Taxes: Negotiate A Reduction in Your Assessed Value

Prairie Eco-Thrifter

Assessments for real estate taxes in the United States are done by the county government of the state in which the property resides, and are governed by that state’s regulations. The county where your real estate is located will be the taxing agent on your real estate, no matter where you live.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Iowa lands near the middle of the pack tax-wise. The state ranks No. 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.

Iowa 52
article thumbnail

Homes Still at Unaffordable Highs Despite Settling Prices

Savings Corner

A typical mortgage payment , property taxes, and insurance are taking up three percentage points more of the average wage than a year ago and 12 points more than early in 2021, just before home mortgage rates started rising. In about 88% of those markets, they remain up annually.

Home 52
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

From early on, Alan and I knew we wanted to travel extensively throughout the United States over the course of our lifetime. Between camping and hoteling it over the years, we’ve managed to check off a LOT of items on our bucket list – including camping in every one of the 48 contiguous United States.