[meford4u]

ANTHONYD,Jun 26 2008, 09:25 AM Wrote:

meford4u,Jun 26 2008, 08:14 AM Wrote:

ZX3TUNR,Jun 25 2008, 01:12 PM Wrote:

ZTWsquared,Jun 25 2008, 09:28 AM Wrote:

ZX3TUNR,Jun 25 2008, 11:06 AM Wrote:i ended up putting my money into a house in arizona which i am going to start renting to family. just out side of mesa is a small area called queen creek. picked up 4000sq foot house, 3 car garage, pool, 0 landscape for 110g.  if the market in the US ever does go back up i could try and sell or i can keep it for when i retire in 22 years.
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May I ask if you pay a different property tax rate on your Arizona property because you're a non-resident?

How much rent can you get for that property?
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I'm assuming I'm paying the exact same as a resident but when I asked the realtor, he said my taxes are around the same as every ones else's. I honestly didn't care either way since taxes for the year are only $575 and my parents take care of all that stuff.

In the end i will be paying more then a resident since I have to pay for upkeep fees since Im not out there all year around.
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Your taxes will be minimum 2X what a resident paid. I recently looked at buying in Arizona and found out my property taxes as a non-resident would be $12000 for a house worth $175,000.
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Yup.
My dad pays through the nose.
Hence the reason he's selling the place in Arizona to get one in Fort Myers Florida.
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I have friends that have a place down there with the exact same situation with taxes I encountered in Arizona. They pay 4X what a resident of Florida pays.