Hello all well here's the story for today. I got my property tax increase notice that will be due in January. Thankfully I don't owe them anything . If I had to pay it would have been like $35. Remember this is a property tax increase not the property tax itself. Which when it comes to paying the full property taxes in June I will have to pay $9,000 for the house I live in and $5,000 for my rental property. Did I mention I live in High A** New York City. I remember when my property taxes use to be $7,000 & $4,000.
I was doing the math yesterday trying to get my budget ready for the new year and I realized that I need $860 a month for the property tax on the house I live in and around $550 for the rental. Which will be on the selling block come 2021, Reason for that is I am to scared to rent to anybody until they get this cure for the Corona Virus. People are so behind in their rent right now that the candidates for rental now and in the future is slim to none. So what do you think will happen in 2021 as far as the rental market goes?
So that's My story for now what do you think?