Do You Own Property, Get Ready to Pay Tax

[Nomad]

It is financially healthy to own a property,however, it comes with a price. Property tax is unavoidable if you own real estate. It’s often overlooked until it hits annually. Knowing property tax can reshape your investment decisions. How do you calculate property tax into the true cost of ownership? Do high property taxes affect where you buy or invest in property?

 

[Fidelia]

The main logic is that it is only rich people that own properties and they should be able to afford tax.

 

[Augusta]

Yes we need to pay tax. This tax is essential for maintaining the quality of life in our area by supporting local services and infrastructure

 

[Springtime]

I own a property. Other than paying stamp duty when purchasing the apartment, I do not need to pay any tax. But I do need to pay Rent (for the land) and Rates every quarter.