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Money and Finances
Reply to "Taxes--Md v. VA"
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[quote=Anonymous][quote=Anonymous]well considering that you have to pay 1.5 million to get a decent house in DC vs 1 million in VA the tax idea is kind of a wash because everything is more expensive in DC.[/quote] Not if you bought a decade ago like we did. Our property taxes on our currently valued $900,000 house are $4,000. Unlike VA and MD, property taxes can only be raised 10% a year. Given that our property value has far outpaced the 10% annual increase, we have a tax bargain. [/quote]
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