LogFAQs > #892681912

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TopicI just bought a $100 raffle ticket to win a house.
meestermj
12/22/17 9:59:14 AM
#10:


Caution999 posted...
So the house is paid off entirely? Taxes won't be an issue as long as you have a job.

You'd be dumb to NOT buy a raffle for this.

Pretty sure they tax based on the value of the house. That house in particular is $22,000 roughly, and the average property tax in that area is $1,500-$2,500 with the highest tax rate being 7%.
TC would likely be paying $1,500 at most. A pretty damn good deal.
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