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Old 10-18-2012, 09:50 PM   #37
jazzman
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Join Date: Jul 2011
Location: Mont Vernon NH & Big Barndoor Island
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Maybe true, but be happy you own a vacation house in a low tax town... It could be way worse. A 500k vacation house in many towns = 12K tax bill and how many Winnipesaukee houses can be had for 500K? Imagine what a 12k tax bill does for the resale value of your house.

The expensive tax towns are going to become more and more expensive when all the retirees move out and everyone who lives there have kids that need schools.

The NH tax system is clearly broken.

I don't know what the right answer is, but a system where people pick towns a few miles apart to live in because of local real estate taxes is broken.

And what happens when 2nd home real estate taxes aren't deductible on your federal taxes any more???
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