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Archive for October, 2008

Seventh biggest expense - Property Taxes

October 3rd, 2008 at 08:06 pm

I'm still analyzing last year's expenses, and already at number seven I'm feeling like it's one I can't do anything about - property taxes.

Our taxes are actually reasonable by some standards, since there aren't a ton of infrastructure projects going on in the neighbourhood. We pay just over $3000 a year, or $260/month, which we can usually spread out over 8 payments.

We're not interested in moving out of our home when we're retired, although I guess our opinions could change. I like the idea of hosting foreign students for some part of the year, enough to pay for the property taxes. I'm a teacher with ESL qualifications, so I think we'd be a desirable host family.