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Thread: Paying school tax on 2nd homes?

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    Paying school tax on 2nd homes?

    I/e own a 2nd home we use on weekends and summer vacation, we don't rent it out so there is no possible way of us ever using the school district, yet we pay about 50% of or $3,000 property tax towards the school district.

    It's gotten to the point we're thinking about listing the house and spending that 6K on a summer rental for 6 weeks, we'd still save thousands over the course of a year and not have the headache of homeownership.

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    Re: Paying school tax on 2nd homes?

    Okay...
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    Re: Paying school tax on 2nd homes?

    Quote Originally Posted by lefty louie View Post
    I/e own a 2nd home we use on weekends and summer vacation, we don't rent it out so there is no possible way of us ever using the school district, yet we pay about 50% of or $3,000 property tax towards the school district.

    It's gotten to the point we're thinking about listing the house and spending that 6K on a summer rental for 6 weeks, we'd still save thousands over the course of a year and not have the headache of homeownership.
    Oh know. What a sad story. You realize education is primarily funded by property Tax right? Even though I hate to make a “think of the children argument...” seriously? It is your money of course. Your home. Do as you please. But any property tax you pay will go to education, and what about if you don’t have kids or don’t use those schools and send your kid to private school? Does that exempt you?

    You want to fix it? Figure out a better system to fund education. There really isn’t any. And it sucks.
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    Re: Paying school tax on 2nd homes?

    Quote Originally Posted by lefty louie View Post
    I/e own a 2nd home we use on weekends and summer vacation, we don't rent it out so there is no possible way of us ever using the school district, yet we pay about 50% of or $3,000 property tax towards the school district.

    It's gotten to the point we're thinking about listing the house and spending that 6K on a summer rental for 6 weeks, we'd still save thousands over the course of a year and not have the headache of homeownership.
    Are you saying people who don't have kids shouldn't have their taxes help pay for public education?
    "Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
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    Re: Paying school tax on 2nd homes?

    Quote Originally Posted by lefty louie View Post
    I/e own a 2nd home we use on weekends and summer vacation, we don't rent it out so there is no possible way of us ever using the school district, yet we pay about 50% of or $3,000 property tax towards the school district.

    It's gotten to the point we're thinking about listing the house and spending that 6K on a summer rental for 6 weeks, we'd still save thousands over the course of a year and not have the headache of homeownership.
    Have some kids and let them live in the house.

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    Re: Paying school tax on 2nd homes?

    You may not be using the public schools there, but you are occupying a space that could be occupied by someone else who could use it as a first home, regularly pay local taxes along with their property taxes, and use the public school system. Sooo... kinda hard to feel bad when you second/third homers are driving up housing costs.
    "Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
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    Re: Paying school tax on 2nd homes?

    Quote Originally Posted by lefty louie View Post
    I/e own a 2nd home we use on weekends and summer vacation, we don't rent it out so there is no possible way of us ever using the school district, yet we pay about 50% of or $3,000 property tax towards the school district.

    It's gotten to the point we're thinking about listing the house and spending that 6K on a summer rental for 6 weeks, we'd still save thousands over the course of a year and not have the headache of homeownership.
    Just think of school property taxes as your student loan payment that goes on forever.
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    Re: Paying school tax on 2nd homes?

    Quote Originally Posted by lefty louie View Post
    I/e own a 2nd home we use on weekends and summer vacation, we don't rent it out so there is no possible way of us ever using the school district, yet we pay about 50% of or $3,000 property tax towards the school district.

    It's gotten to the point we're thinking about listing the house and spending that 6K on a summer rental for 6 weeks, we'd still save thousands over the course of a year and not have the headache of homeownership.
    If I make the rules you only get to deduct one mortgage on your taxes, so things could get worse.
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    Re: Paying school tax on 2nd homes?

    Non-homestead taxes are insane in Michigan. I think they're about double the Homestead rate. I think it's supposed to discourage prospecting.
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    Re: Paying school tax on 2nd homes?

    What I'm saying is, I pay a school tax within the state on 3 properties I own, the rental units could easily have children in them so I don't mind paying school taxes on them even if kids don't currently occupy the property, however taxing me twice for something is overboard. A good retort to paying the extra school tax is this. We lost our 2nd home to super storm Sandy, my insurance paid a certain amount, but FEMA gave us nothing (I'm not saying they should, but FEMA paid to every other home owner if it was their first home), because it was a 2nd home. If I can pay taxes like everyone else, why don't I get the full benefit like everyone else?

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