Richie Alan  Naggar, agent & author  (people first...then business Ran Right Realty )

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

We own the rights to it as long as we continue to pay taxes. 

And our children wait in the wings to inherit it 😲🤣

Nov 19, 2021 11:02 AM
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Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Yes we really own!

Nov 19, 2021 09:52 AM
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Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

Yes

Nov 19, 2021 09:47 AM
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Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

You still have your bundle of rights with a duty to pay taxes, unless of course one is an exempt entity specified such as a hospital, charitable, scientific, or religious, etc. entity.  

Nov 19, 2021 01:11 PM
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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Property taxes pays for services where your property is located. You get to keep the equity buildup.  Someone who rents your house doesn't get either.  Renting might sound less complicated to many people but in the end, you have nothing to show for it.  And no writeoffs.  

Nov 19, 2021 11:40 AM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes, you do own the home.  Taxes are the price we pay to have that home in a particular county.  HOAs can also foreclose on a house for non-payment of dues.  We've bought a few of those over the years.

Nov 19, 2021 11:10 AM
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Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Yes, you own it BUT others will look to free you of it.

Nov 19, 2021 09:58 AM
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Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

As the old saying goes, "in this world nothing can be said to be certain, except death and taxes." 

Nov 19, 2021 02:34 PM
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821,932
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Yes, you own. Taxes are payment for local services, e.g. schools, police, roads, snow removal and so on.

Nov 19, 2021 01:31 PM
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Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Well you are receiving benefits that you use within your community which is what your taxes are used for.

You own the house free & clear except for those taxes.

 

Nov 19, 2021 01:15 PM
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Ken Jones, Commercial Real Estate
Kenneth J. Jones, Inc. - Toms River, NJ

Richie Alan Naggar We also have to continue to pay federal (and, in some states, state) income tax.

But, that doesn't mean we don't own our bodies or lives.

Paying tax is in exchange for services (at least in theory). It's part of one's responsibility of belonging to and supporting their community.

One can always move to the hills or desert without any services.

Nov 19, 2021 01:02 PM
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Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

We do, we really really do Richie with the deed in one hand and satisfaction of mortgage in the other. 

Nov 19, 2021 12:53 PM
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Do you ask the same question in regard to a car with no loan against it, for which you hold the ownership papers or certificate, but you still have to pay a licensing fee, Richie Alan Naggar?

Nov 19, 2021 12:11 PM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Well, sure we do. When we buy a dress or a suit we pay taxes on that purchase... but we own it. 

Nov 19, 2021 11:33 AM
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

You bet you own it! You simply pay ownership taxes on it!

Nov 19, 2021 07:45 PM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Of course you do. What have you purchased using your credit card today? LOL are those not your items that you purchased? You're simply using OPM and you're going to pay for it and the longer it takes the more you will pay. Welcome to America!

Nov 19, 2021 05:50 PM
Rainmaker
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Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

Of course otherwise we own nothing.  A car?  Fess after ownership too.

Nov 19, 2021 04:22 PM
Rainmaker
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Shayne Stone
Champion Real Estate Group - Missouri City, TX
"Your Rock Solid Choice Realtor"

Yes you still own. But I am looking forward to when I reach the age of 65+ in Texas. Where I can qualify to defer property taxes. 

 

What the hell do I care if my family has to pay my back taxes. They still get a great deal for paying nothing --- LOL

 

Nov 19, 2021 02:20 PM
Rainmaker
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

Yes, you own it!

Nov 19, 2021 02:00 PM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Nothing is free! Taxes pay for the offsite enhancements to your community including police, fire protection and schools.

Nov 20, 2021 04:20 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

We can accept that we will never be free of taxes, unless we learn to cheat like the ubber rich do, or give up all possessions and live very simply in a tent in the woods.

Nov 20, 2021 12:20 AM
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John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MT, NC, NJ, NV, OK, OR, PA, SC, TN, TX, UT, VA, WV - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Which is why, in my opinion, we must take elected officials to task on ensuring those tax dollars are put to benefit everyone and provide a return on the investment of home owners.

 

That said, I'd prefer to have no taxes on real estate as it is true there's no true ownership of the land, just a more beneficial leasehold in reality.  That said, you can demolish your home or leave it in whatever state you'd like, and the right to do that belongs solely to those owning the structure.  

Nov 21, 2021 01:36 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I own my house and still have a mortgage.  And yes, will always have taxes.  But I pay those things and own my home vs. renting and someone else owning it.

Nov 20, 2021 02:16 PM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes, we really own it but obligations are continuing. Real estate taxes, HOA dues, the cost of maintenance and insurance need to be included in the budget.

Nov 20, 2021 09:33 AM
Rainmaker
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Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Yes! 😃

Nov 20, 2021 09:07 AM