[Mr.HappySilp]

Is that time of the year again! :heckno::heckno::heckno:

Just got my property tax today with basic grant I have to pay $2102.80...... sometimes it feels like is cheaper to rent lol. Don't have to worry about property tax, water/sewer tax, strata fees etc etc...

[MG1]

Wait............ Wut? You live in a shack?

2K in taxes? I wish............

[Hondaracer]

$2100 in Vancouver..

Plus another 3200 between wife and I in income tax ffs..

[PeanutButter]

$2100 in Vancouver..

Plus another 3200 between wife and I in income tax ffs..

What do you mean $3200 in income tax?

Do you mean you owed $3200 in income between the two of you?

[tiger_handheld]

yall realize you can pay monthly right - so there is no bill shock come this time?

[Hondaracer]

What do you mean $3200 in income tax?

Do you mean you owed $3200 in income between the two of you?

Yea owe $3200 between the 2 of us. We don’t make crazy salaries or anything just had a bunch of BS fall into taxes this year that completely ducked us

[murd0c]

no property tax for me this year, one of the many advantages of ending things with the ex hahaha

[twitchyzero]

vancouver or not

a homeowner can't stomach $175/mo? should just keep renting/living with family

[Mr.HappySilp]

LOL I guess I was trying to say is that last year I own a 505 sq ft apartment in Burnaby and the property tax is only around $1000 then move to Coq 805 sq ft and property tax double.

Unless Coq have a much higher property tax rate than Burnaby I fail to see how an increase of 300sq ft the property tax is double. On the notice it states property tax is increase by 2.56% over last year. So I am guessing Coq have a higher % increase than Burnaby to begin with?

And no I pay the property tax at all once, much easier to plan this way and I rather get it over with then to budget it monthly for the next year.

[bobbinka]

work harder

[SkunkWorks]

LOL I guess I was trying to say is that last year I own a 505 sq ft apartment in Burnaby and the property tax is only around $1000 then move to Coq 805 sq ft and property tax double.

Unless Coq have a much higher property tax rate than Burnaby I fail to see how an increase of 300sq ft the property tax is double. On the notice it states property tax is increase by 2.56% over last year. So I am guessing Coq have a higher % increase than Burnaby to begin with?

If you can't afford the tax then you should've stayed in your parents' basement, worked more, got a second job, ate less, get rid of your hobbies, and stopped hanging out with your friends.

I know an immigrant family with 3 kids and working minimum wage was able to pay their taxes for their home so clearly you're just entitled and lazy.

[OriginalJC]

I wish my property tax was 2k.....

[Mr.HappySilp]

If you can't afford the tax then you should've stayed in your parents' basement, worked more, got a second job, ate less, get rid of your hobbies, and stopped hanging out with your friends.

I know an immigrant family with 3 kids and working minimum wage was able to pay their taxes for their home so clearly you're just entitled and lazy.

LOL clearly you have no logic sir. Did I say I can't afford it? Did I mention anything about not paying? Guess that's too hard for your little tiny brain to handle. All I want to know is why is the property rate in Coq seem so much higher than Burnaby. There is no mention of how much the tax rate is for each city and that's something should be made clear. As I mention in Burnaby I only paid about $1000 in property tax for a 505 sq ft apartment that's worth around 550k for the assessment. in Coq the property tax is around $2100 for a 805 sq ft apartment with the assessment of 580k. So how does an extra 300sq ft and a 30k assessment turns into almost double for property tax. Is each city property tax different? Should this made to the public? Because all i see was how much the increase was from last year and how much goes into different things, it didn't have an actual %. Is like with income tax, GST, PST, carbon tax, new home GST etc etc is all made public but why not property tax for each city?

And people complain about carbon tax daily yet they still drive and pay for it. Even people on RS complain about it guess everyone who ever complain about carbon tax should not drive coz according to your logic complaining = can't afford it.

[Bouncing Bettys]

^I interpreted SkunkWorks post as sarcasm. A reference of avocado toast would have put it over the top. I could be be wrong though.

[Hondaracer]

Aren’t property taxes based on density to some extent? Which is why a condo in Burnaby it cheaper than Coquitlam?

Also why the same house in vancouver is a fraction of the property tax of Langley etc?

[CCA-Dave]

$2500 in Port Alberni...

[SkunkWorks]

^I interpreted SkunkWorks post as sarcasm. A reference of avocado toast would have put it over the top. I could be be wrong though.

100%.

I'm simply repeating the same ridiculous advice that he's been incessantly hawking from his pedestal in this RE thread. I find it pretty funny that he failed my post lmao.

:fuckthatshit:

[quasi]

Aren’t property taxes based on density to some extent? Which is why a condo in Burnaby it cheaper than Coquitlam?

Also why the same house in vancouver is a fraction of the property tax of Langley etc?

Yes, when we were looking 12 years ago we were looking at houses in Surrey and Langley. Ended up buying right on the border of Surrey/Langley on the Surrey side because Property taxes were 50% less and homes were around the same at the time. The amount of people Surrey is collecting taxes from trumps Langley by a lot.

[hud 91gt]

I find it more funny that he didn’t get it. Haha

[yray]

kids???

deferred

:troll:

[Presto]

I find it more funny that he didn’t get it. Haha

Happysilp has been known to channel Timpo

[bcedhk]

LOL clearly you have no logic sir. Did I say I can't afford it? Did I mention anything about not paying? Guess that's too hard for your little tiny brain to handle. All I want to know is why is the property rate in Coq seem so much higher than Burnaby. There is no mention of how much the tax rate is for each city and that's something should be made clear. As I mention in Burnaby I only paid about $1000 in property tax for a 505 sq ft apartment that's worth around 550k for the assessment. in Coq the property tax is around $2100 for a 805 sq ft apartment with the assessment of 580k. So how does an extra 300sq ft and a 30k assessment turns into almost double for property tax. Is each city property tax different? Should this made to the public? Because all i see was how much the increase was from last year and how much goes into different things, it didn't have an actual %. Is like with income tax, GST, PST, carbon tax, new home GST etc etc is all made public but why not property tax for each city?

And people complain about carbon tax daily yet they still drive and pay for it. Even people on RS complain about it guess everyone who ever complain about carbon tax should not drive coz according to your logic complaining = can't afford it.

too much stress from the new married life? chill brah

[GS8]

I know Coshitlam upped property taxes all over the place including on the low rise buildings which drove the old property management companies out and in came a massive developer and bought them all up to be demolished with new developments replacing them.

Also, $2100 is nothing. Your budget must be stretched if that amount makes you uneasy.

[Traum]

Not too thrilled that the time of the year has come again, and that I'll be paying the property taxes for both mine as well as my parents' place. "Fortunately", it hasn't occurred to the wifey that we should be paying for the MIL's property taxes as well...

I just thought I'd mention though that I'm paying for property tax using my cash back credit card. A friend was rather surprised when I told him about this. At least I'll be getting a bit of money back...

[GLOW]

when i open up the letter from the city for property taxes...

https://images.cdn.circlesix.co/image/1/450/0/uploads/comments/1381823cc658f075e4a2248de0abb320.jpg

:okay:

[sleepywheel]

Not too thrilled that the time of the year has come again, and that I'll be paying the property taxes for both mine as well as my parents' place. "Fortunately", it hasn't occurred to the wifey that we should be paying for the MIL's property taxes as well...

I just thought I'd mention though that I'm paying for property tax using my cash back credit card. A friend was rather surprised when I told him about this. At least I'll be getting a bit of money back...

Where are you living that you can pay by credit card? My Vancouver house tax is over $5500 and it says right on the notice that they do not accept credit cards.

[twitchyzero]

this is hyde's christmas dinner in the making

[Hehe]

I'm not sure why anyone will say anything about YVR's property tax.

It's potatoes comparing to the US and even many parts of Canada.

My US property tax this year? $20875.68... and that's USD! :fuckthatshit: And no, I did not miss where the "." suppose to be

[Traum]

Where are you living that you can pay by credit card? My Vancouver house tax is over $5500 and it says right on the notice that they do not accept credit cards.
I'm still in CoV.

The trick to pay by credit card and get rebates is to use one where their financial service supports property tax and other bill payments. A friend uses Paytm (https://paytm.ca), and there are referral codes that give you extra points when you sign up using referral links. (PM me if you want a code.) I am not too comfortable using a financial service outside of Canada / US since Paytm is based in India, so I am only using my credit card company's online banking / payment service to pay for property tax. 1% rebate is all I get, but I'll take that over no rebate at all.

[lowside67]

Yeehaw... $3871 after grant in Coquitlam.

Living the dream...

-Mark

[danned]

either pay or leave

[PeanutButter]

If you pay monthly, it's definitely the better deal.
0% financing is awesome!

Though, I can understand those who just want to pay it off. Unless you can make that money work for you, I can see why people just pay it off right away.

My cheap ass will take the monthly payments like a champ.. haha

[PeanutButter]

I'm not sure why anyone will say anything about YVR's property tax.

It's potatoes comparing to the US and even many parts of Canada.

My US property tax this year? $20875.68... and that's USD! :fuckthatshit: And no, I did not miss where the "." suppose to be

How much is your property worth? isn't that vital information?

Aren't there perks of owning property in the states, ie. you can write off your mortgage interest and other things?

[PeanutButter]

Where are you living that you can pay by credit card? My Vancouver house tax is over $5500 and it says right on the notice that they do not accept credit cards.

PayTM or similar company?

edit: OH, with the Canadian Tire Mastercard??? I know you can pay property tax, tuition, and hydro with that card. I just remembered that!

[Gumby]

this is hyde's christmas dinner in the making
Haha I thought the same thing - that, or a dick measuring contest (to see whose property is worth the most).

[Hehe]

How much is your property worth? isn't that vital information?

Aren't there perks of owning property in the states, ie. you can write off your mortgage interest and other things?

Less than what a house is worth in Vancouver. :alone:

[cafe22]

If you pay monthly, it's definitely the better deal.
0% financing is awesome!

Though, I can understand those who just want to pay it off. Unless you can make that money work for you, I can see why people just pay it off right away.

My cheap ass will take the monthly payments like a champ.. haha

I thought it was 0.25 or prime -3%?

[HonestTea]

Yeehaw... $3871 after grant in Coquitlam.

Living the dream...

-Mark

Yup...

[chinesespareribs]

You guys got a grant? I have never got a grant since I purchased my house in Burnaby since 2010. Not too sure why your guys are complaining.

[Traum]

You guys got a grant? I have never got a grant since I purchased my house in Burnaby since 2010. Not too sure why your guys are complaining.
If you've never gotten a grant, that means you've got a baller place! :thumbsup:

A few years ago, my parents' old shag only received a <$50 grant. Now that was ridiculous.

[tiger_handheld]

i will also add in another nugget.

property tax will always increase at least by 3% - translink gets 3% of your property taxes.

[blkgsr]

i'm just over $3000 this year too

[TouringTeg]

With Basic Grant $2916.50 for average size house in Saanich

[OriginalJC]

$4900 in langley after basic grant :okay:

[Hondaracer]

Yea Langley is pretty crazy my buddy’s place that is like 3400 sq ft is over 5k

[sonick]

LoL no response from OP since going apeshit and getting called out.

[sleepywheel]

Time to sell the old shack and buy a junky motorhome and move down to Strathcona Park!

There's a whole slew of campers parked down there now and the garbage around some of them is piling up.