2018 Property Tax Rates By State

Property tax are the worst f the taxes you can pay in retirement.

Reason for this is simple, you can do a lot to reduce if not eliminate income taxes. Maximize Social Security, move $ to Roth IRAs when you are in a low bracket, etc.

You can also minimize your sales tax by not eating out, growing your own food, driving to a tax free state, such as New Hampshire from Maine, to buy your gear, etc.

Property tax though? Nope. Other than taking whatever homestead exemption they offer, there is nothing you can do.

So, keep a look-out for what your property tax rates are, as well as the value of your home in which you’re being charged. Take advantage of whatever options they offer too, homestead exemptions, age exemptions, etc.


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