Quote:
Originally Posted by Rod Master
They picked up her boss. She's the little fish, that's why the FBI passed it off to APD. Look at her bail: $5k. The bail for a DUI is $5k.
She also owns the building. Her taxes are less than $5k/yr.
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Howdy, Folks!
Wait a moment.
That does NOT add up.
Now, I own a falling down shitbox of a house here in Austin.
Now, I'll be honest - it's in a very hip and trendy neighborhood. I bought it for 5 figures years ago. Stuff in my 'hood now is going for half a mil to a cool million.
On my tiny little shitbox, my taxes are over $6k a year. The monthly tax bills are more than my actual mortgage payments ever were.
That all said - while it's in Central/South Austin, I'm not in Downtown(though I can see it from my front yard).
So...
How does a business in PRIME real estate in downtown Austin that does NOT get a homestead exemption get lower taxes than
moi?
I'd really like to know - I may be missing some tax exemption that I really need to look into.
Thanks!