Property taxes for renters?

dereksbicycles

dereksbicycles

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I had always thought that people who rented weren't to pay property taxes. Only property owner was responsible for property taxes. I don't know this person or what she signed back then.

I guess that as individuals, we'll have to be careful to make sure we don't pay property taxes as renters.

$50,000 tax bill may force Niles day care center to close - Chicago Tribune
 
Renter DO pay taxes, it is built in the rental. Say, you pay 850 dollars for apartment rental, the property taxes would be around 300 dollars, plus you pay for their insurance coverage and some cases their mortgage payment. Anytime when property taxes goes up, your rental rate WILL go up.

It applies to yourself, you need to make a profit for your business, right? You need to include all costs when you sells whatever it is. If you don't do that, your putting yourself in position for bankruptcy.

Homeowners usually pay less on property taxes than renter, FYI. That is because tax man sees landlord as profit making thus giving full tax rate for landlord property. Homeowner gets discount usually called "Homestead rate".

This is often why it is cheaper to buy house than to rent them. Thank God I own house.

dereksbicycles said:
I had always thought that people who rented weren't to pay property taxes. Only property owner was responsible for property taxes. I don't know this person or what she signed back then.

I guess that as individuals, we'll have to be careful to make sure we don't pay property taxes as renters.

$50,000 tax bill may force Niles day care center to close - Chicago Tribune
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After reading the article, and I don't think it is right. Renters do not pay property tax, only the property owner is responsible for paying property taxes on time. This does not sound right, guess government nowadays are getting downright greedy.

Now you see why daycare is so downright expensive. And government isn't helping at all, demand taxes, shot down business... benefits who? Nobody, cause once business goes south, its done and gone. Sad!
 
I used to rent all the time... $350 was the norm back in the 80's... now youre lucky to find anything, even a run down joint for less than $500. Sad, but NO! Renters are not responsible for property taxes, only homeowners or property owners are responsible for property taxes. Also Property owners are not required to have insurance to cover the renter or their belongings...They are only required to have property insurance to cover loss or theft to themselves as well as lawsuits for injuries on the property which is a fine line towards tenants. the renters are must purchase their own "Renters" insurance to cover injuries and their possessions in case of theft and/or disasters ( fire...ect...) as well as damages to the property... I was once tried to be sued by the owner of an apartment because of water damages due to the tenants on the second floor left the water running and my ceiling collaspsed, walls and floors buckled... I laughed at him and told him FU and moved out the next day. I actually got an award from the courts for damages to my possessions, my costs of moving and other stuff. Found out the owner was caught for insurance fraud, by claiming and sueing for damages from all insurance companies involved.
an example is: 2nd floor tenants left water on and damaged hardwood floors.
water rand down and damaged 1st floor tenants ceiling, walls and floors.
Owner filed claim with renters insurance for damages to 2nd floor, THEN, he would file claim with 1st floor tenants insurance for damages to that apartment....WHEN the damages to the 1st floor apartment was caused by the 2nd floor tenants and was included in the claim, OR owner didn't file correctly and/or filed multiple claims for the same incident. Well, I had pictures of the damages to show Water DOES NOT RUN UPHILL !!!!!

On a side note, Renters insurance usually only runs about $100 a year...its cheap.
 
diehardbiker said:
After reading the article, and I don't think it is right. Renters do not pay property tax, only the property owner is responsible for paying property taxes on time. This does not sound right, guess government nowadays are getting downright greedy.

Now you see why daycare is so downright expensive. And government isn't helping at all, demand taxes, shot down business... benefits who? Nobody, cause once business goes south, its done and gone. Sad!
Click to expand...

Rents include property taxes and the landlord put the money toward their tax bills . There arte two rentals units in my condo building and the tenants pay part of the tax bill . Renters pay part of the mortgage too. I own my condo and have not rented in years.
 
Please, please re-read the article before barking at me. The article stated that the non-profit organization rented a place, and they faced hefty property tax bill which I think is not right.

whatdidyousay! said:
Rents include property taxes and the landlord put the money toward their tax bills . There arte two rentals units in my condo building and the tenants pay part of the tax bill . Renters pay part of the mortgage too. I own my condo and have not rented in years.
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Thats why I said "plus you pay for their insurance coverage" what that means you pay insurance for THEIR property not yours.

sonocativo said:
I used to rent all the time... $350 was the norm back in the 80's... now youre lucky to find anything, even a run down joint for less than $500. Sad, but NO! Renters are not responsible for property taxes, only homeowners or property owners are responsible for property taxes. Also Property owners are not required to have insurance to cover the renter or their belongings...They are only required to have property insurance to cover loss or theft to themselves as well as lawsuits for injuries on the property which is a fine line towards tenants. the renters are must purchase their own "Renters" insurance to cover injuries and their possessions in case of theft and/or disasters ( fire...ect...) as well as damages to the property... I was once tried to be sued by the owner of an apartment because of water damages due to the tenants on the second floor left the water running and my ceiling collaspsed, walls and floors buckled... I laughed at him and told him FU and moved out the next day. I actually got an award from the courts for damages to my possessions, my costs of moving and other stuff. Found out the owner was caught for insurance fraud, by claiming and sueing for damages from all insurance companies involved.
an example is: 2nd floor tenants left water on and damaged hardwood floors.
water rand down and damaged 1st floor tenants ceiling, walls and floors.
Owner filed claim with renters insurance for damages to 2nd floor, THEN, he would file claim with 1st floor tenants insurance for damages to that apartment....WHEN the damages to the 1st floor apartment was caused by the 2nd floor tenants and was included in the claim, OR owner didn't file correctly and/or filed multiple claims for the same incident. Well, I had pictures of the damages to show Water DOES NOT RUN UPHILL !!!!!

On a side note, Renters insurance usually only runs about $100 a year...its cheap.
Click to expand...
 
This is confusing to me:

"Fisher, who said she doesn't know yet if she will appeal her tax bill, said school officials have suggested that she raise her day care prices to help cover what she owes. But she said that many parents can't afford to pay more. Some do not have jobs."

If the parents aren't working, why do they need daycare for their children?
 
Reba said:
This is confusing to me:

"Fisher, who said she doesn't know yet if she will appeal her tax bill, said school officials have suggested that she raise her day care prices to help cover what she owes. But she said that many parents can't afford to pay more. Some do not have jobs."

If the parents aren't working, why do they need daycare for their children?
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School or other training programs. Or is this program similar to "Head Start" to get the kids a better chance as they grow up.
 
Reba said:
This is confusing to me:

"Fisher, who said she doesn't know yet if she will appeal her tax bill, said school officials have suggested that she raise her day care prices to help cover what she owes. But she said that many parents can't afford to pay more. Some do not have jobs."

If the parents aren't working, why do they need daycare for their children?
Click to expand...

I can think of 3 reasons:

1. Parents may be too busy doing under the table jobs to watch over kids.

2. Maybe parents want to go out and do drugs behind kids back.

3. They are probably using their day applying to different places, doing paid surveys, or going to college.
 
dereksbicycles said:
I can think of 3 reasons:

1. Parents may be too busy doing under the table jobs to watch over kids.

2. Maybe parents want to go out and do drugs behind kids back.

3. They are probably using their day applying to different places, doing paid surveys, or going to college.
Click to expand...

OR
4. Working on a house
5. Fixing a car
6. Having sex.....

LOL, Just saying.....
 
I also learned something new.. when I was living in city it was usual to get tax bill before Dec and 6 months later. But now that I have bought a new home near beach. It has land and im getting extra tax for land per sq ft. So now i know in future to have a little extra on side to cover it.
As far a rent my experience was it was included in what I was paying a month. And went up when tax went up. That's why buying a house was a logic choice. Although there are places u can rent where your contract agrees on a price every month for a year. And can increase the next year renewal.
 
Looking for jobs, they can't take care of children, even they couldn't bring to the interviews. Other probably they volunteer and can't bring their kids to volunteering jobs.

Head start program is one option they may use daycare.

Reba said:
This is confusing to me:

"Fisher, who said she doesn't know yet if she will appeal her tax bill, said school officials have suggested that she raise her day care prices to help cover what she owes. But she said that many parents can't afford to pay more. Some do not have jobs."

If the parents aren't working, why do they need daycare for their children?
Click to expand...
 
Doing drugs? I beg ya! I can't get the idea these doped parents would drop off kids at daycare just to do dope. This don't make logic sense, the more logic sense would that dope fiend parents would not give a damn about kids and why would they want drop off their kids? They want whatever money they have to get dope rather than giving to daycare.

dereksbicycles said:
I can think of 3 reasons:

1. Parents may be too busy doing under the table jobs to watch over kids.

2. Maybe parents want to go out and do drugs behind kids back.

3. They are probably using their day applying to different places, doing paid surveys, or going to college.
Click to expand...
 
Jane B. said:
School or other training programs. Or is this program similar to "Head Start" to get the kids a better chance as they grow up.
Click to expand...
If it were like Head Start it would be paid for with government grants.
 
diehardbiker said:
After reading the article, and I don't think it is right. Renters do not pay property tax, only the property owner is responsible for paying property taxes on time. This does not sound right, guess government nowadays are getting downright greedy.

Now you see why daycare is so downright expensive. And government isn't helping at all, demand taxes, shot down business... benefits who? Nobody, cause once business goes south, its done and gone. Sad!
Click to expand...

greedy? huh? it's the law. you have to pay a tax. period. no ifs or buts. the owner messed up and the government has no choice but to go thru legal proceedings. that's not greed. greed is when a person willfully take advantage of you for his financial gain in an illful, evil manner.
 
Fisher first received a notice from the county assessor in December stating that she owed $119,200 for 2009 property taxes. She passed the bill along to district officials, whose tax attorneys intervened and helped whittle the amount to $7,200, school board President John Heyde said Tuesday.

He said he is not sure why the initial bill was so high or why Fisher received her first tax bill at all.

"We have not been successful in eliminating it completely, but we have reduced it," Heyde said.

Kelley Quinn, spokeswoman for the Cook County assessor's office, said it appears that the district in 2007 reported for the first time that it was leasing the property to the child care facility.

"That prompts us to do an assessment and determine the assessed value of that portion of the property," Quinn said. "It looks like the school district incorrectly filled out the form in prior years by not noting they were leasing part of their property."

Nonprofit organizations are exempt from paying property taxes only if they can show that the space is being used for a nonprofit purpose, "which is education or religion, basically," said Susan Hofer spokeswoman for the Illinois Department of Revenue.


Child Care with Confidence, in an annual charitable organization's report filed with the Illinois attorney general's office, states as its mission: "Full service day school for children ages 6 weeks through 5 years."

Becky Allard, the school district's business manager, said the child care center is classified as a "special commercial structure" by the assessor's office.

The center is responsible for any taxes owed, according to its 2002 lease with the district, Allard said.
Click to expand...

there ya go.
 
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