I signed his petition. This is the man we need! HB-76 didn't get thru, but I think with this man's whistleblowing and knowledge, we can DO IT! No more property tax. Let us own our home as the Constitution under a democracy allows. Stop the thiefs!
G'day guys, so if a hedge-fund come in on a lean, but from what your saying, they are buying a fraudulent lean ( over value ) Wilful malfeasance Derelict of duty Conspiracy to defraud
G'day guys, if the Government is passing on information ba9ut homes where people can't because the valuation are fraudulent, and the hedge-fund knows, are they not accessory after the fact.
a homeowner is NOT a taxpayer!!! There's no revenue made when living in your home that would make it taxable. Property tax on living in your home is illegal/unlawful.
I live in GA, so I pay low property taxes. My father-in-law lives in Chicago. I've known him for 25 years. In that time he has spent $575,000 on property taxes alone (for his primary residence). Does anyone else feel that this is robbery and should be illegal? Asking for a friend...
It's unconstitutional. It is a tax on money that you would gain if you sold your house, only you gained nothing because you didn't sell your house, bt you are taxed as if you had sold it.
@@User0player1, Property taxes are based on many factors. I live in georgia and I do not considered georgia's property taxes that low at all. Obviously you are not paying close enough attention to what is going on. These cities and municipalites are completely out of control. Especially when you start looking at these peoples wages as they are completely out of control. Douglasville head of board of education is making nearly 400,000 dollars a year. This is what the president of the united states makes. So any board head making the same amount as the president is completely insane. There are (several hundreds) other employees making over 100,000 in the douglasville district alone. Citizens are being illegally robbed!!!
Don’t give them that much credit. It’s not a plan, it’s a failure to plan. I seriously don’t the Texas comptroller and the cads sat down and hashed this out. Let’s get real. It’s simply pernicious corruption.
The chemistry between these men and the subject matter is FANTASTIC. YOU'RE MAKING A DIFFERENCE. If the internet has ONE FREAKING POSITIVE PURPOSE THIS IS IT!!!!!!!!!!!!!
Nope...they not going to tell you the ultimate truth. There is no real "home ownership ". Is a Fantasy. No Allodial title =you pay flexible Taxes or you Out !
Yes! This happened to my house! I'm a Realtor and they just upped our taxed by almost 1k from last year. Homes in my neighborhood are NOT selling for the tax value so folks are trying to protest
Property tax is why I left the USA over a decade ago. I own a 4,000 sq ft home and pay $400 a year in tax. And it doesn't go up in Spain. Same with insurance.
So an elementary school sent home a permission slip for a field trip but it also had a FOREVER release of liability, Heck NO , i speculate that the insurance premiums for the school has increase dramatically, only way they could negotiate is if the had all parents sign this forever release of liability, omg these are some sick people , if this school is doing it in Florida i bet all of them are
@@winniethepoohandeeyore2 I am 54 I never remember that with my 2 kids , I hope parents read before signing grander is 11 and has been on field trips before and it never said forever release, were you in Florida?
Our town in California has a measure on the November 2024 ballot for the school to get a $50,000,000 bond. I looked at their financials and they got a bond in 2012 for $35,000,000 and today they still owe $31,000,000 on that bond. Now they want $50,000,000 more!! Outrageous! There are only 2,300 students from PK - High School.
Where can I find this information typically? Would it be something that the school district has to publish on its website? Or would it be a different city/county website?
There should be million of views and millions of sharing these videos the internet is a wonderful platform to learn and share to fight for our freedom and rights
I am a relatively well-off retiree in Annapolis Maryland,...and have thought many times about buying a very affordable vacation/full-time home in beautiful Western Maryland,...however,...knowing how dysfunctional the entire housing situation has become (buying, selling, maintenance, property taxes, insurance,etc, etc)I wouldn't even consider it now. I don't trust anyone or anything concerning buying a house.
My landlady in Chicago lost her little house where she had lived for 30 years. The property taxes had climbed until they were 50 percent of her total income.
At best our government is run like a mafia.......it sure would be a shame if something happened to that nice life of yours, you should probably pay for some protection if you know whats good for you.
It's pretty much too late to change that now. The system has been in effect forever. Now we see why. Endgame shenanigans. Nobody cared UNTIL it effects them.
There are places on earth where there is no property tax. And some have easy visa rules. Like Somalia. They are one of the places without a property tax.
Taxes should forever be based on the purchase price of the property and it shouldnt change until the property is sold to the new owner. The county shouldnt be allowed to keep assessing the property every year or 2 for higher and higher values. This is taxing unrealized gains! The government is DELIBERATELY trying to bankrupt homeowners and force them out of their house so that eventually all homes will be owned by the government or hedgefunds 🤬
I live in rural east tn, no red lights, internet(just got cell tower last year), septic, no trash pickup, closest grocery is 30 minutes away, closest school is 25 minutes away. My property value went from 65k to 325k. On an 1100 sq house
I live in Columbus, Ohio. My house value went up $85,300 in a span of ONE year-from 2022 to 2023! This is insane! Please add Franklin County to the list!!!
States dont care.... States are just as crooked...... Property Tax need to be abolishes and it should be straight flat tax rate for each person for each child in school. And a flat amount for police and fire. And Tolls for roads used. Our Whole TAX system is messed up.
Here’s the FACTS !! People are busy working a job, some 2 jobs since Inflation and don’t have spare $$ for a Law Suit. There is the problem!! I certainly can’t afford an Attorney to fight it. They KNOW THIS, that’s why they Don’t care !! They’re willing to take that RISK Cuz they also Need their job. It’s asinine!!!
You don't need a lawyer, the courts are there a public service, we the people just no longer know how to use them, by design i'm sure. But you can file any all documents and suits you could ever want completely on your own. The actual court costs are low without a lawyer. And it's not so much about winning your personal case at this point as sending a message that people are aware of and unhappy with the situation. It only takes one case to change legal standing. Class action law suits can help split the costs of lawyers. I mean short of torched and pitch forks it is something every citizen does have access to.
How to help homeowners? Its obvious, ban property taxes. You get taxed on earning the cash. You get taxed on spending the cash. You get taxed on owning cars and property. And people think they own anything lmao, we were lied to 😂
My husband had a student loan with Navient for 20 years and they jacked his interest rate which was supposed to be “fixed” at 4.0% and next thing it was at almost 7% and they said we need to refinance with yet another company and he would get “forgiveness” because of being a teacher and that didn’t happen. They are screwing us!
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." Thomas Jefferson (Letter written to Major John Cartwright 5 June, 1824)
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone wants to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
The new mortgage rates are crazy, add to that the recession and the fact that mortgage rules are getting more difficult, and home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. For now, get your money (as much as you can) out of the housing market and get into the financial markets or gold. If you are at a cross roads or need honest advice on the best moves to take now, it is best to seek an independent advisor who knows about the financial markets.
'Jessica Lee Horst' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
The beauty of selling tax delinquent properties on the courthouse steps is a great opportunity for BlackRock, State Street and Vanguard to buy up properties for pennies on the dollar. Surely these hedge fund types will allow the previous owners to pay rent to live in the home the previous owners once owned. How glorious….
Our mayor did that for years, bought unpaid tax homes some as little as $100.00 also without telling public. He then rented those homes to HUD “family member” boss of the office here. He did NOT pay property taxes for 10 years! His excuse, homes were for sale 😂
This is an interesting video. The chickens have come home to roost. The government should quit with all the costly social programs. Look at Detroit and see what happed to that city.
In Australia, no tax on place of residence, only land tax on Investment property . No capital gains tax on place of residence but investment property only
@@waterlevelroute The concept of property tax should go away. At least in Texas, property tax is used to fund local government and school districts. In my area the school part of the tax is about 3/4 of the total bill. Consider: Retired couple: Living on, say, 6,000/month SSI/IRA/401K, etc, bought their house for $250K 20 years ago, now appraised at, say $650K. They drive on non-state roads, say, 20K miles a year. Working couple: dual income, 170K / year. 3 kids in school, their house is appraised at $450K. They drive on non-state roads over 100K miles per year, their kids are "using" all the school facilities, the teaches, the vast array of admins, the buildings. They are in sports so they are using the football field, soccer field, expensive field lights, etc, etc,. The working couple is using resources at a vastly greater amount than the retired couple but their taxes will be considerably less. The retired couple on a fixed income is subsidizing the working couple making double their income. It should be use based. If the working couple had to fork over $1000 per month for little Johnny's school maybe they would be more interested in what goes on at school.
Study Ron Gibson’s work on Alodial Title and your Land Patent process. You can be legally removed from county Tax rolls in these circumstances and keep your home.
Tell whomever is representing you to show proof of appraisal value and to justify the tax amount. Also let them know they can't base your appraisal on what someone else's house sold for.
@ I am fighting it myself I have no attorney. I did that I’ve requested a hearing. They’ve denied me many hearings. I’m having much problems with the state. The sheriff comes here every day and bangs on my windows. He tries to open my doors. I’m doing the best. I’ve been going on for four years and I have a bankruptcy, which the US gave me the house back because they stole it in 2020 it was Marshall back in and give him back to me. It’s a long story I appreciate your input. I’m trying I did do that recently filed an objection to the sheriff determination and I requested a hearing again it’s being ignored. They just want to evict me and I’m not behind. I’m paying my taxes, I don’t have a mortgage. I have requested to see it many times and they have not produced any documents to prove anything. It’s pure harassment. I possess the land title in my name back by an insurance policy, which I purchased, and I have the deed to the property. Both of them are original blue ink signatures with all the stickers and it’s recorded in the record.
When we claimed the Double Homestead Exemption, our property tax almost halved. Once we turn 65 property tax freezes for singles making 25k and less, couple who make 30k and less.
Lawmakers are the key component of the problem the guest is attempting to address. The market value of a home or any other property can be placed in a very narrow range by professional appraisers. The systems of many county tax assessors and revenue commissioner are not designed to perform a "professional" appraisal for every single tax parcel in a given county. That's why this sub-genre of appraisal practice is called "mass appraisal".
I agree totally that linking the property tax net income stream directly to a bond or bonds is dangerous. Property values change over time; while they mostly have gone up in past years (due to broad inflationary policies), in times of uncertain economic conditions property values can decline very quickly. Also, the decline can be systemic in nature. If property taxes are connected to a bond, there is an incentive to adhere to a biased valuation model and a potential for fraud in county governance (to meet the ostensible demands of the bond). This could lead to pressure on tax assessors, which could then lead to a potential for political abuse of the citizenry.
I'm in central Florida, bought my house in 2015 and homesteaded, pay a little over 1K for tax. They can't raise the tax more than inflation here in my county.
Its wrong for Homeowners to be responsible for a district-fraud-wide of irresponsible and criminal ppl It could be over 10,000 people facing lawsuits but if no money in bonds where you all going to get the money if their bankrupt? We need a Homeowner Law that protects homeowners
These institutions are telling you we do what we want and there's nothing you can do about it. These CORPORATE institutions serve the CORPORATE CHURCH and CONSCIENCE, Judiciary.
Time for class action lawsuits. Maybe having gotten rid of Chevron Deference could also be some advantage, depending on who is expected to address these egregious actions.
This should be topic #1 on every real estate site, YT channel, podcast, blogs & articles- but sadly it’s not. IMO All realtors & those catering to that biz (lenders, title cos) need to be aware of this as tax value plays in to running comps, negotiating list prices & assisting buyers w offer price, payments etc. How can anyone help buyers buy a home knowing they will be on the hook for this scam. Mitch you should reach out to either large brokerages or boards & speak on this issue. Particularly since govt wants to blame high home prices on realtor commissions!
I thoroughly enjoy listening to y’all’s wisdom. Mitch, have you had any response from Troup County GA in relation to your lawsuit with evidence ? I’m hearing so many people in this county complaining & yet most are saying “Well there’s nothing we can do and it’s just going to continue”! Yet, I’m not sure it’s gone up as much as some counties but it was definitely a big increase.
Again, if a fair and unbiased appraisal forms the basis of property taxation in a county, and, IF it is not feasible to obtain a professional appraisal on every parcel, the only practical near-term solution is to increase the budget of the tax assessor offices and make an honest stab at upgrading the knowledge base and competency of their staff. The law requires an understanding of what a reasonably accurate valuation of a property is to be on, at least, an annual basis.
Mitch, thanks so much for getting back to me and corresponding with the data that I needed to learn more about it. It’s very clear and concise. It’s funny. They just gave me a judgment on my home. I actually owe them only $25,000 and back taxes for a bad three years I paid my house off, my house is going up for auction December 3. I reached out to the sheriff and asked for some advice whether this is legal in constitutional they told me show up with your check Monday through Friday. I don’t know 8 AM to 4 PM payment in full or the house is going up for auction, starting bid is 9900 or so. With all the penalties it’s $36,000 they’re charging me $10,000 in penalties. It’s been a rough three years but they have no mercy. I’ll get it paid that’s for sure I’m gonna sell the house and I’m just gonna live in a trailer for now, and whatever proceeds that I have I’m gonna fight for humanity the truth which my dad always told me never get caught up in lies and deception and pure evil. As far as I’m concerned what’s going on is pure evil. I just wanted my sheriff to explain to me, if this is legal or not, they told me this is what the judge sent us and we’re going to follow their orders. I commented, but you’re my constitutional sheriff, and I was wondering if you had any information for me regarding whether this activity is illegal or not. They told me they do not comment on legal stuff. It’s just the runaround so I’ll scrape. I’ll get it paid as they say they just watered a plant and I’m about to grow, legally lawfully the right way. They have way more problems than I do. That’s for sure.
I would love to hear what you guys think about the synchronicity of these shenanigans and the unlawful flooding of cities and towns across America with "newcomers."
It may be a coincidence but the Gov. here in Texas has started talking about eliminating the property tax. If he is successful would that sweep all this fraud "under the rug" to protect the guilty parties? Would it allow all those who profited,(received wages),and the school districts to avoid responsibility?
I just had to file a complaint with the CSLB put a Stop Notice and file a Surety Bond claim on a public works school project due to non-payment. The union and my suppliers are also owed money 💰 my bills and mortgage don't stop each month. I'll be 64 yrs old this December and possibly forced to file for SS early just to make ends meet. Self employed contractor for 45 yrs I've never seen the economy this bad ever! Keep up the good work and telling the truth.
i have a 2.8 percent rate in nebraska, 8000 a year and many here pay over 15,000 a hear, im selling i cant afford it on top of triple honeowners insurance premiums
Travis, re financial advisors to ISD city and county, they all have agreements with advisor firms where the advisor serves for "free" but what you find is they are constantly churning their bond issues and generating more fees. also tell Mitch you can get detailled look back data on all bond issues in excel format from Texas Bond review board.
In NY and other states, they tax a partial value of assessed w a high tax rate. So you can't just look at MLS and know where you stand. I wouldn't even know if all properties are partially assessed at similar rates.
In some states, the property taxes are ridiculously low relative to market value. Most county property tax assessors and revenue commissioners have underfunded office structures and poorly trained appraisers. Hence, their values cannot adjust quickly to changes in the market, sometimes lagging the market one to three years.
When we claimed the Homestead Exemption, our property tax almost halved. Once we turn 65 property tax freezes for singles making 25k and less, couples who make 30k and less. They also appraise on bought price NOT appreciation. So my house can quadruple in value and it WON'T affect our taxes. We had an appraisal done BEFORE we closed, it came in $100 HIGHER than asking price so the sellers KNEW the value,. I live in rural USA, No 2 homes are the same. On 1 side of me is 1/4 of an acre with a trailer on it, home on the other side is not even 900 sq ft, has 2 bed rooms, 1 bathroom on a corner lot, right across from me is a totally empty lot, next door to that is an falling down abandoned not even 1000' sq ft home on a corner lot.. My home is 1632 sq ft, 3 bedroom 2 full bath home. Appraiser put ZERO comps on the paperwork because there ISNT any. ONLY time our taxes CAN change is IF we make more than 30k a year THEN we have to self report to the tax assessors office, our taxes get adjusted accordingly OR if we sell, then the new home owners WILL pay higher taxes based on BOUGHT price.
I feel like the property taxes should be applied to what a person owes on a mortgage or loan. People who own their home free and clear of a mortgage should be tax exempt or an amount based on acreage. Incentive people for ownership. Taxes on the loan amount would eliminate unrealized gains and no questions about the value of the property. If you get a HELOC, you agree to the value of your property and pay taxes on said amount owed. Federal taxes should be a set to a flat 10% across the board. We as individuals must learn to make a budget and live on a set amount of income. So our government must be held to the same standards.
The “governor” on property taxes in CA is prop-13. It seems strong, but is tremendously flawed in that the old rich keep low tax rates while middle class people readjust tax rates every time they move. With the incredibly high housing prices in CA, and the highest taxes paid by the middle class & the young (as in younger than middle age at this point), prop-13 is destined to be overturned. Before commenting on this, please note that this is not a desire or choice by me, it is just a prediction.
It should be overturned. It is totally unfair, inflates the cost of housing at ridiculous levels and is a major contributor to the lack of affordable housing.
I signed his petition. This is the man we need! HB-76 didn't get thru, but I think with this man's whistleblowing and knowledge, we can DO IT! No more property tax. Let us own our home as the Constitution under a democracy allows. Stop the thiefs!
G'day guys, so if a hedge-fund come in on a lean, but from what your saying, they are buying a fraudulent lean ( over value )
Wilful malfeasance
Derelict of duty
Conspiracy to defraud
G'day guys, if the Government is passing on information ba9ut homes where people can't because the valuation are fraudulent, and the hedge-fund knows, are they not accessory after the fact.
I hate to bust your bubble, we live in a REPUBLIC, not a democracy.
Outlaw hedge funds buying homes taking awayfor the homeowners
Democracy does not exist it's just word salad
a homeowner is NOT a taxpayer!!! There's no revenue made when living in your home that would make it taxable. Property tax on living in your home is illegal/unlawful.
And similarly, the legalized corruption and bribery in Congress should be unlawful.
In Australia we don’t pay tax on place of residence, only land tax on investment properties
Please provide precedent ASAP.
We need to return to Allodial Property ownership. It would prevent this rapacious practice of soaking the property owners.
I live in GA, so I pay low property taxes. My father-in-law lives in Chicago. I've known him for 25 years. In that time he has spent $575,000 on property taxes alone (for his primary residence). Does anyone else feel that this is robbery and should be illegal? Asking for a friend...
gotta pay those union wages.
Georia property tax going thru the roof.
Yes!!!!!!!
It's unconstitutional. It is a tax on money that you would gain if you sold your house, only you gained nothing because you didn't sell your house, bt you are taxed as if you had sold it.
@@User0player1, Property taxes are based on many factors. I live in georgia and I do not considered georgia's property taxes that low at all. Obviously you are not paying close enough attention to what is going on. These cities and municipalites are completely out of control. Especially when you start looking at these peoples wages as they are completely out of control. Douglasville head of board of education is making nearly 400,000 dollars a year. This is what the president of the united states makes. So any board head making the same amount as the president is completely insane. There are (several hundreds) other employees making over 100,000 in the douglasville district alone. Citizens are being illegally robbed!!!
All a plan to take away home ownership.😢
People don't have a basic human right to SHELTER in this Country, despite their ability to pay.! And this should be on Top of the Constitution!
Don’t give them that much credit. It’s not a plan, it’s a failure to plan. I seriously don’t the Texas comptroller and the cads sat down and hashed this out. Let’s get real. It’s simply pernicious corruption.
@@ChopperChadit is a plan….to cover the dollar collapse.
@@ChopperChadNo, it is definitely planned
Yes for housing for illegal immigrants
See if they pay the Taxes 😊
The property taxes are literally killing me I can’t keep up and house is all I have
The chemistry between these men and the subject matter is FANTASTIC. YOU'RE MAKING A DIFFERENCE. If the internet has ONE FREAKING POSITIVE PURPOSE THIS IS IT!!!!!!!!!!!!!
Nope...they not going to tell you the ultimate truth.
There is no real "home ownership ".
Is a Fantasy.
No Allodial title =you pay flexible Taxes or you Out !
I agree, I love this channel and the truth they speak. It has been so enlightening.
Oh please.
@@Bella65 The implications are staggering. I was in politics locally.
Yes! This happened to my house! I'm a Realtor and they just upped our taxed by almost 1k from last year. Homes in my neighborhood are NOT selling for the tax value so folks are trying to protest
New York is horrible. My house is assessed way over! Didn’t trump get accused of the same thing by NY? Thanks for the coverage!❤❤❤
Property tax is why I left the USA over a decade ago. I own a 4,000 sq ft home and pay $400 a year in tax. And it doesn't go up in Spain. Same with insurance.
So an elementary school sent home a permission slip for a field trip but it also had a FOREVER release of liability, Heck NO , i speculate that the insurance premiums for the school has increase dramatically, only way they could negotiate is if the had all parents sign this forever release of liability, omg these are some sick people , if this school is doing it in Florida i bet all of them are
Probably not....Florida schools are woefully underfunded on purpose
I remember that going on when I was in school and I'm 57 years old.
@@winniethepoohandeeyore2 I am 54 I never remember that with my 2 kids , I hope parents read before signing grander is 11 and has been on field trips before and it never said forever release, were you in Florida?
@@Lorieann-p8j It went on when I was a kid, Don't know what to tell ya.
Yes on East Coast in Florida,
Our town in California has a measure on the November 2024 ballot for the school to get a $50,000,000 bond. I looked at their financials and they got a bond in 2012 for $35,000,000 and today they still owe $31,000,000 on that bond. Now they want $50,000,000 more!! Outrageous! There are only 2,300 students from PK - High School.
Where can I find this information typically? Would it be something that the school district has to publish on its website? Or would it be a different city/county website?
The new bond info is on school website. The old bond was on the county website
That's how they RIP you off. End of story.
Well just imagine what our Govt is doing. Multiply that by thousands.
Prop 13 is the culprit - property taxes in CA are too low so you get these crazy bonds. One way or another, you pay.
Protect Mitch at all costs!!!
Politicians get rich by funneling taxes to them selves with bonds that they own🎯
They create a great job with a great income and a full retirement!! I’m sick of paying for their future when they don’t care about ours
They are going to tax the air we breathe next.
Yes, they know no boundaries
There should be million of views and millions of sharing these videos the internet is a wonderful platform to learn and share to fight for our freedom and rights
I am a relatively well-off retiree in Annapolis Maryland,...and have thought many times about buying a very affordable vacation/full-time home in beautiful Western Maryland,...however,...knowing how dysfunctional the entire housing situation has become (buying, selling, maintenance, property taxes, insurance,etc, etc)I wouldn't even consider it now. I don't trust anyone or anything concerning buying a house.
Good thinking!
You stay away of Scam System.
There is no real "home ownership ".
It's a very expensive fantasy.
No Allodial Title =property not yours.
Just wait a bit. Housing is about to get cut in half.
Taxing us into oblivion until we declare bankruptcy is a new way to make us all renters where we own nothing. Brilliant.
My landlady in Chicago lost her little house where she had lived for 30 years. The property taxes had climbed until they were 50 percent of her total income.
Keep up the excellent work, keep drilling down to the roots and keep telling the truth!
Mitch is a very sharp tool in his way of cutting ✂️ the fud and what he says makes it clearer whats happening
So glad Mitch is from Denton County, even though this assessment fraud is everywhere.
We're all renters until property tax is abolished. This is modern day slavery and master is playing games with accounting tricks.
There is no real "home ownership ".
Is a Fantasy.
No Allodial title =you pay flexible Taxes or you Out !
At best our government is run like a mafia.......it sure would be a shame if something happened to that nice life of yours, you should probably pay for some protection if you know whats good for you.
It's pretty much too late to change that now. The system has been in effect forever. Now we see why. Endgame shenanigans. Nobody cared UNTIL it effects them.
There are places on earth where there is no property tax.
And some have easy visa rules.
Like Somalia. They are one of the places without a property tax.
@@vickieadams6648 don't despair it can and definitely will end soon you can bet on it
We are sharing this with all of our friends keep going
Taxes should forever be based on the purchase price of the property and it shouldnt change until the property is sold to the new owner. The county shouldnt be allowed to keep assessing the property every year or 2 for higher and higher values. This is taxing unrealized gains! The government is DELIBERATELY trying to bankrupt homeowners and force them out of their house so that eventually all homes will be owned by the government or hedgefunds 🤬
No wrong, Taxes on your home should not exist or else you never truly own the property as long as taxes exist
There is no real "home ownership ".
Is a Fantasy.
No Allodial title =you pay flexible Taxes or you Out !
all taxes are theft but yes they defintely are taxing unrealized capital gains.
Good point, the entire tax appraisal system depends on taxing unrealized capital gains…!!!
I agree.
Love it when you interview Mitch, glad I found Real Estate Mindset!
Travis! You and Mitch are spot on! Thank you for your work!! 🙏🔥
Mitch!!!! Thank you 😊
I live in rural east tn, no red lights, internet(just got cell tower last year), septic, no trash pickup, closest grocery is 30 minutes away, closest school is 25 minutes away. My property value went from 65k to 325k. On an 1100 sq house
I live in Columbus, Ohio. My house value went up $85,300 in a span of ONE year-from 2022 to 2023! This is insane! Please add Franklin County to the list!!!
Zillow has a home in Beaumont and tax is 100% over the asking price
3% annual property tax rate!!!!!!!!!! WOW. 3X what it should be. Insane. Grand larceny.
States dont care.... States are just as crooked...... Property Tax need to be abolishes and it should be straight flat tax rate for each person for each child in school. And a flat amount for police and fire. And Tolls for roads used. Our Whole TAX system is messed up.
Whomever gave those bonds a AAA rating is either complicit in the fraud or negligent in their due diligence responsibilities.
Here’s the FACTS !! People are busy working a job, some 2 jobs since Inflation and don’t have spare $$ for a Law Suit. There is the problem!! I certainly can’t afford an Attorney to fight it. They KNOW THIS, that’s why they Don’t care !! They’re willing to take that RISK Cuz they also Need their job. It’s asinine!!!
You don't need a lawyer, the courts are there a public service, we the people just no longer know how to use them, by design i'm sure. But you can file any all documents and suits you could ever want completely on your own. The actual court costs are low without a lawyer. And it's not so much about winning your personal case at this point as sending a message that people are aware of and unhappy with the situation. It only takes one case to change legal standing. Class action law suits can help split the costs of lawyers. I mean short of torched and pitch forks it is something every citizen does have access to.
You'll pay one way or another
How to help homeowners? Its obvious, ban property taxes.
You get taxed on earning the cash.
You get taxed on spending the cash.
You get taxed on owning cars and property.
And people think they own anything lmao, we were lied to 😂
My husband had a student loan with Navient for 20 years and they jacked his interest rate which was supposed to be “fixed” at 4.0% and next thing it was at almost 7% and they said we need to refinance with yet another company and he would get “forgiveness” because of being a teacher and that didn’t happen. They are screwing us!
These Suits & Ties gathered in one of their private sick-lavished party and decided this ROBBERY will go thru.
20 years???? Why didn’t he pay it off 15 years ago???
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." Thomas Jefferson (Letter written to Major John Cartwright 5 June, 1824)
whoa, that is a real quote? a chilling reminder for we the people to get back in our own government.- start with the ARB.
The investors of the hedge fund for tax liens are......the gov!!
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone wants to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
The new mortgage rates are crazy, add to that the recession and the fact that mortgage rules are getting more difficult, and home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. For now, get your money (as much as you can) out of the housing market and get into the financial markets or gold. If you are at a cross roads or need honest advice on the best moves to take now, it is best to seek an independent advisor who knows about the financial markets.
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
'Jessica Lee Horst' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.
The beauty of selling tax delinquent properties on the courthouse steps is a great opportunity for BlackRock, State Street and Vanguard to buy up properties for pennies on the dollar. Surely these hedge fund types will allow the previous owners to pay rent to live in the home the previous owners once owned. How glorious….
If you keep corporate buying out of the housing market, the problem will go away.
Our mayor did that for years, bought unpaid tax homes some as little as $100.00 also without telling public. He then rented those homes to HUD “family member” boss of the office here. He did NOT pay property taxes for 10 years! His excuse, homes were for sale 😂
I wish this could be pushed on twitter by the masses as well as abolishing income tax
This is an interesting video. The chickens have come home to roost. The government should quit with all the costly social programs. Look at Detroit and see what happed to that city.
In Australia, no tax on place of residence, only land tax on Investment property . No capital gains tax on place of residence but investment property only
Count me in for class action!
Property tax is just a tax on unrealized gains.
Exactly and it needs to go away. Tax it when it sells, increase the sales tax.
That's a very good point. It should be based on acreage with a deduction for the portion left in a natural state.
@@waterlevelroute The concept of property tax should go away. At least in Texas, property tax is used to fund local government and school districts. In my area the school part of the tax is about 3/4 of the total bill. Consider:
Retired couple: Living on, say, 6,000/month SSI/IRA/401K, etc, bought their house for $250K 20 years ago, now appraised at, say $650K. They drive on non-state roads, say, 20K miles a year.
Working couple: dual income, 170K / year. 3 kids in school, their house is appraised at $450K. They drive on non-state roads over 100K miles per year, their kids are "using" all the school facilities, the teaches, the vast array of admins, the buildings. They are in sports so they are using the football field, soccer field, expensive field lights, etc, etc,.
The working couple is using resources at a vastly greater amount than the retired couple but their taxes will be considerably less. The retired couple on a fixed income is subsidizing the working couple making double their income.
It should be use based. If the working couple had to fork over $1000 per month for little Johnny's school maybe they would be more interested in what goes on at school.
You should not have property Gains tax when you sell your own house.
Exactly! Once you sell it, you have to pay capital gains. So why the heck are we paying property taxes year after year?
The only way to win is not to play. Ownership is a mirage.
Study Ron Gibson’s work on Alodial Title and your Land Patent process. You can be legally removed from county Tax rolls in these circumstances and keep your home.
🌴🌴🌴 For the algorithm my friend. Blessings,Carlos ✝️🙏❤️😊🇺🇸
ABSOLUTELY BONKERS Travis😊
I am in a lawsuit right now in district court for this very reason they try to take my house.
Tell whomever is representing you to show proof of appraisal value and to justify the tax amount. Also let them know they can't base your appraisal on what someone else's house sold for.
@ I am fighting it myself I have no attorney. I did that I’ve requested a hearing. They’ve denied me many hearings. I’m having much problems with the state. The sheriff comes here every day and bangs on my windows. He tries to open my doors. I’m doing the best. I’ve been going on for four years and I have a bankruptcy, which the US gave me the house back because they stole it in 2020 it was Marshall back in and give him back to me. It’s a long story I appreciate your input. I’m trying I did do that recently filed an objection to the sheriff determination and I requested a hearing again it’s being ignored. They just want to evict me and I’m not behind. I’m paying my taxes, I don’t have a mortgage. I have requested to see it many times and they have not produced any documents to prove anything. It’s pure harassment. I possess the land title in my name back by an insurance policy, which I purchased, and I have the deed to the property. Both of them are original blue ink signatures with all the stickers and it’s recorded in the record.
When we claimed the Double Homestead Exemption, our property tax almost halved. Once we turn 65 property tax freezes for singles making 25k and less, couple who make 30k and less.
About time the righteous arise to lead us out of this Egypt
🙏🏽🙏🏽🙏🏽🙏🏽
Lawmakers are the key component of the problem the guest is attempting to address. The market value of a home or any other property can be placed in a very narrow range by professional appraisers. The systems of many county tax assessors and revenue commissioner are not designed to perform a "professional" appraisal for every single tax parcel in a given county. That's why this sub-genre of appraisal practice is called "mass appraisal".
They should sue these committees that are over valuing home owners!
We are NOT a democracy. We are a republic. Each individual citizen owes the national debt.
Yep I bow my head in shame I used to buy the tax liens in Indiana and in a couple years the house ended up being mine free and clear
I agree totally that linking the property tax net income stream directly to a bond or bonds is dangerous. Property values change over time; while they mostly have gone up in past years (due to broad inflationary policies), in times of uncertain economic conditions property values can decline very quickly. Also, the decline can be systemic in nature. If property taxes are connected to a bond, there is an incentive to adhere to a biased valuation model and a potential for fraud in county governance (to meet the ostensible demands of the bond). This could lead to pressure on tax assessors, which could then lead to a potential for political abuse of the citizenry.
@@jtcouch That’s what is happening. It’s FRAUD !!
I'm in central Florida, bought my house in 2015 and homesteaded, pay a little over 1K for tax. They can't raise the tax more than inflation here in my county.
...and people in California still not waking up to Demoncrat party and switch !!
TAXATION WITHOUT REPRESENTATION
Thank you, Travis.
Its wrong for Homeowners to be responsible for a district-fraud-wide of irresponsible and criminal ppl
It could be over 10,000 people facing lawsuits but if no money in bonds where you all going to get the money if their bankrupt?
We need a Homeowner Law that protects homeowners
God bless Mitch and Travis ❤❤❤
These institutions are telling you we do what we want and there's nothing you can do about it. These CORPORATE institutions serve the CORPORATE CHURCH and CONSCIENCE, Judiciary.
I live in Cinci area and it is true and people are fighting back
looks like Cinci is getting WOKE !! turning out more colorful in the years to come
Time for class action lawsuits. Maybe having gotten rid of Chevron Deference could also be some advantage, depending on who is expected to address these egregious actions.
This should be topic #1 on every real estate site, YT channel, podcast, blogs & articles- but sadly it’s not. IMO All realtors & those catering to that biz (lenders, title cos) need to be aware of this as tax value plays in to running comps, negotiating list prices & assisting buyers w offer price, payments etc. How can anyone help buyers buy a home knowing they will be on the hook for this scam. Mitch you should reach out to either large brokerages or boards & speak on this issue. Particularly since govt wants to blame high home prices on realtor commissions!
another way to replace us...
I thoroughly enjoy listening to y’all’s wisdom. Mitch, have you had any response from Troup County GA in relation to your lawsuit with evidence ? I’m hearing so many people in this county complaining & yet most are saying “Well there’s nothing we can do and it’s just going to continue”! Yet, I’m not sure it’s gone up as much as some counties but it was definitely a big increase.
Thanks Travis & Mitch!
Don't even know what to say anymore. Leaving Illinois ASAP
Even if they increase on commercial properties there is nothing preventing them from coming back and taxing residential properties.
its just like Gun Control law, first is Machine/full automatic firearms then semi auto then all firearms.
Yes these taxes are illegal.
👍👍👍👍👍👍👍you guys are doing good work for the public!
WHOA WHOA WHOA CINCINNATI OHIO!? You're hitting close to home!
Again, if a fair and unbiased appraisal forms the basis of property taxation in a county, and, IF it is not feasible to obtain a professional appraisal on every parcel, the only practical near-term solution is to increase the budget of the tax assessor offices and make an honest stab at upgrading the knowledge base and competency of their staff. The law requires an understanding of what a reasonably accurate valuation of a property is to be on, at least, an annual basis.
The Court System is just as corrupt. Unfortunately, your lawsuit(s) will go no where. Got to stop using their system and expecting help.
This has been happening in florida since nineteen ninety nine I brought it up and got laughed at now twenty 24 years later here we are
Stop Voting Blind, vote on policy.
This is probably so big its affecting markets price of good and services
Including Real Estate
Thank you for your work with this matter. Uncle Sam has gone way too far. We need more guys like you.
Mitch, thanks so much for getting back to me and corresponding with the data that I needed to learn more about it. It’s very clear and concise. It’s funny. They just gave me a judgment on my home. I actually owe them only $25,000 and back taxes for a bad three years I paid my house off, my house is going up for auction December 3. I reached out to the sheriff and asked for some advice whether this is legal in constitutional they told me show up with your check Monday through Friday. I don’t know 8 AM to 4 PM payment in full or the house is going up for auction, starting bid is 9900 or so. With all the penalties it’s $36,000 they’re charging me $10,000 in penalties. It’s been a rough three years but they have no mercy. I’ll get it paid that’s for sure I’m gonna sell the house and I’m just gonna live in a trailer for now, and whatever proceeds that I have I’m gonna fight for humanity the truth which my dad always told me never get caught up in lies and deception and pure evil. As far as I’m concerned what’s going on is pure evil. I just wanted my sheriff to explain to me, if this is legal or not, they told me this is what the judge sent us and we’re going to follow their orders. I commented, but you’re my constitutional sheriff, and I was wondering if you had any information for me regarding whether this activity is illegal or not. They told me they do not comment on legal stuff. It’s just the runaround so I’ll scrape. I’ll get it paid as they say they just watered a plant and I’m about to grow, legally lawfully the right way. They have way more problems than I do. That’s for sure.
I would love to hear what you guys think about the synchronicity of these shenanigans and the unlawful flooding of cities and towns across America with "newcomers."
Absolutely!
What about school tax that is the biggest tax on our properties in Pennsylvania
REVOLT. REVOLT. REVOLT
DON"T pay the bonds for a few months and you will find out exactly who you owe and how much, and for what.
It may be a coincidence but the Gov. here in Texas has started talking about eliminating the property tax. If he is successful would that sweep all this fraud "under the rug" to protect the guilty parties? Would it allow all those who profited,(received wages),and the school districts to avoid responsibility?
I just had to file a complaint with the CSLB put a Stop Notice and file a Surety Bond claim on a public works school project due to non-payment.
The union and my suppliers are also owed money 💰 my bills and mortgage don't stop each month.
I'll be 64 yrs old this December and possibly forced to file for SS early just to make ends meet.
Self employed contractor for 45 yrs I've never seen the economy this bad ever! Keep up the good work and telling the truth.
You mean the government is overgrown and needs to tax us more?? I can’t believe it lol 😂 good job guys love the videos
i have a 2.8 percent rate in nebraska, 8000 a year and many here pay over 15,000 a hear, im selling i cant afford it on top of triple honeowners insurance premiums
Travis, re financial advisors to ISD city and county, they all have agreements with advisor firms where the advisor serves for "free" but what you find is they are constantly churning their bond issues and generating more fees. also tell Mitch you can get detailled look back data on all bond issues in excel format from Texas Bond review board.
In NY and other states, they tax a partial value of assessed w a high tax rate. So you can't just look at MLS and know where you stand. I wouldn't even know if all properties are partially assessed at similar rates.
I have a property tax bill I owe on now…am assessment they made, think I’ll go speak with them in person and refuse to pay it.. wish me luck
In some states, the property taxes are ridiculously low relative to market value. Most county property tax assessors and revenue commissioners have underfunded office structures and poorly trained appraisers. Hence, their values cannot adjust quickly to changes in the market, sometimes lagging the market one to three years.
When we claimed the Homestead Exemption, our property tax almost halved. Once we turn 65 property tax freezes for singles making 25k and less, couples who make 30k and less. They also appraise on bought price NOT appreciation. So my house can quadruple in value and it WON'T affect our taxes. We had an appraisal done BEFORE we closed, it came in $100 HIGHER than asking price so the sellers KNEW the value,. I live in rural USA, No 2 homes are the same. On 1 side of me is 1/4 of an acre with a trailer on it, home on the other side is not even 900 sq ft, has 2 bed rooms, 1 bathroom on a corner lot, right across from me is a totally empty lot, next door to that is an falling down abandoned not even 1000' sq ft home on a corner lot.. My home is 1632 sq ft, 3 bedroom 2 full bath home. Appraiser put ZERO comps on the paperwork because there ISNT any. ONLY time our taxes CAN change is IF we make more than 30k a year THEN we have to self report to the tax assessors office, our taxes get adjusted accordingly OR if we sell, then the new home owners WILL pay higher taxes based on BOUGHT price.
@@jtcouch I don’t believe that.
So what. Education of children is a parental responsibility. Property taxation is theft. I want reparations. My kids never went to public schools.
Hope your house isn't near that pipeline explosion today!
Like ONG
About time I will share
Blessings
In Hedwig Village, I see $4 million dollar homes appraised at $1.7. How does that happen!!!
You know I saw another commentor pose the question of whether or not they lower a property tax to benefit someone.
I feel like the property taxes should be applied to what a person owes on a mortgage or loan. People who own their home free and clear of a mortgage should be tax exempt or an amount based on acreage. Incentive people for ownership. Taxes on the loan amount would eliminate unrealized gains and no questions about the value of the property. If you get a HELOC, you agree to the value of your property and pay taxes on said amount owed. Federal taxes should be a set to a flat 10% across the board. We as individuals must learn to make a budget and live on a set amount of income. So our government must be held to the same standards.
Property tax is extortion
The “governor” on property taxes in CA is prop-13. It seems strong, but is tremendously flawed in that the old rich keep low tax rates while middle class people readjust tax rates every time they move. With the incredibly high housing prices in CA, and the highest taxes paid by the middle class & the young (as in younger than middle age at this point), prop-13 is destined to be overturned.
Before commenting on this, please note that this is not a desire or choice by me, it is just a prediction.
It should be overturned. It is totally unfair, inflates the cost of housing at ridiculous levels and is a major contributor to the lack of affordable housing.