bill_schubert (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
bill_schubert) wrote2022-04-04 04:40 pm
bill_schubert) wrote2022-04-04 04:40 pm
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And the IRS sends me money
A check for $123 arrived without explanation. $3 of it was 'interest' so I'm guessing it is what I overpaid this time last year when I had to file for an extension. Since I have no idea what my last document is going to be (positive or negative) it is a crap shoot. The IRS gives me better interest than my bank so if I overpay there at least I get it back with a little extra. Of course it means next year I have to pay taxes on that $3. They send me a 1099-int form. Amazing.
And the local appraisal came out. Fortunately there is a 10% cap on any homestead. Otherwise my house would have gone up in appraised value by about 35% and I would have been taxed on that.
It is the Elon Musk effect. Just having a Tesla factory on the other side of the county has resulted in housing values that are ridiculous and likely to continue to be so. Eventually the bubble will pop and if not, it will fund my nursing home. Meanwhile I get to pay about $65 more a month this year. Likely about the same increase every year unless/until it crashes.
And the local appraisal came out. Fortunately there is a 10% cap on any homestead. Otherwise my house would have gone up in appraised value by about 35% and I would have been taxed on that.
It is the Elon Musk effect. Just having a Tesla factory on the other side of the county has resulted in housing values that are ridiculous and likely to continue to be so. Eventually the bubble will pop and if not, it will fund my nursing home. Meanwhile I get to pay about $65 more a month this year. Likely about the same increase every year unless/until it crashes.
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