Editor’s Note: Harry Dent is a long time, well-respected financial researcher. He recently sent out a sales letter for his newsletter. The original article is fairly long, but I’ve taken what I think is the essence of the message and offered it to you. I then make my own recommendations. If history has taught us […] . . .
Read More: Coach Mitch says, “Sell, Sell, Sell” Post 226
Coach Mitch’s REFLECTIONS™ Editor’s Note: The government has done it again; it has created a serious government property tax mess. This article illustrates the crassness and silliness of governments’ thinking, i.e. that government is the be all and end all; that it can manipulate the circumstances to achieve anything it wants and anything that you get […] . . .
Read More: A Serious Government Property Tax Mess. Post 225
Coach Mitch’s REFLECTIONS™ On a landlording site an interesting question got a lot of response. The Question What is your policy toward on time rental payment? Do you have a Zero Tolerance, ZT, for late rental payments, or do you work with the tenants and their situation? To be Late Payment Tolerant or Not […] . . .
Read More: What is your late payment rental policy? Post 218
Mass Tax Foreclosure Threatens Detroit Homeowners AP March 30, 2015 Homeowners sit … waiting for their cases to be heard to avoid foreclosure from tax debts in Detroit on Jan. 29. This year, Wayne County officials sent out 62,000 foreclosure notices to city homeowners behind on property taxes. In Detroit, tens of thousands of people […] . . .
Read More: 62,000 Tax Foreclosures in Detroit. Post 214
Coach Mitch’s REFLECTIONS™ Editor’s note: The below newspaper articles are related and I comment on them as a group illustrating a trend. Property Taxes create Poverty Property taxes in the US are onerous, especially in the northeast. On average, every year, about 2% of the properties in a community will go tax delinquent because people […] . . .
Read More: Property Taxes create hardship, poverty and foreclosures. Post 209
Schenectady Gazette NY City cracks down on landlords who miss inspections The crackdown on apartment inspections has begun. Using public documents, city building inspectors have made a list of properties likely to be rented out. Starting with the Union Street area, they sent out 120 letters this week to the owners of those properties. In […] . . .
Read More: City criminalizes landlords. Post 211
Schenectady Gazette Letter to the editor ~ March 24, 2013 In 1967, the U.S. Supreme Court ruled that, despite a city claiming that these inspections are for health and safety conditions, warrantless inspections of rental units are unconstitutional and violate landlords’ Fourth Amendment rights. Since 1981, New York courts have consistently ruled that cities and […] . . .
Read More: Rental Certificates hurt taxpaying landlords. Post 210
The Patriot News January 3, 2015 Central PA: State court voids tax sale of Perry County property Saying the law wasn’t followed to the letter, Commonwealth Court has overturned the tax sale of a Perry County property. The tax bureau first tried to notify Tufarolo that his property was targeted for sale by sending him […] . . .
Read More: Property Taxes are Cruel and Unusual Punishment. Post 208
Coach Mitch’s REFLECTIONS™ [Editor’s Note: Coach Mitch agrees with Bill Cosby.] ******************** Life isn’t tied with a bow, but it’s still a gift. And life isn’t fair, but it’s good!! I’m 83. Except for brief period in the 50s when I was doing my National Service, I’ve worked hard since I was 17. Except […] . . .
Read More: Bill Cosby says: Take responsibility for your life. Coach Mitch agrees. Post 207
(Editor’s note) This is a typical Notice announcing a tax auction Bonner County Daily Bee July 3, 2014 NOTICE OF TAX SALE Per Idaho Code §63-1005 (1) If real property on which there is a delinquency is not redeemed within three (3) years from the date of delinquency, the county tax collector of the county […] . . .
Read More: A fable: Government’s vision of property taxes. Post 205