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Property Taxes in Las Vegas?

 
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LyricB



Joined: 28 Sep 2006
Posts: 63

PostPosted: Thu Sep 28, 2006 2:28 am    Post subject: Property Taxes in Las Vegas? Reply with quote

Are property taxes in the Las Vegas area considerably lower because of the casino income? I know when gambling lobbyists come to different states they always cite lower taxes as a gambling pro.
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eerie



Joined: 03 Oct 2006
Posts: 185

PostPosted: Tue Oct 03, 2006 2:48 pm    Post subject: Reply with quote

No, casino taxes go for schools, roads, etc ......but have nothing to do with individual personal property taxes.
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LeighA



Joined: 24 Oct 2006
Posts: 64

PostPosted: Wed Oct 25, 2006 12:11 pm    Post subject: Reply with quote

Any idea what the average property taxes are in Las Vegas or a way that I can find out?
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eerie



Joined: 03 Oct 2006
Posts: 185

PostPosted: Thu Oct 26, 2006 12:21 pm    Post subject: Reply with quote

I think they are in line with the rest of the country and unless you have a specific property in mind, you won't be able to find out exactly what the costs are.

It depends on the house, the area it's in, the size of the property, etc.

Nevada doesn't have sales tax on food - that will save you some money!
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LeighA



Joined: 24 Oct 2006
Posts: 64

PostPosted: Wed Nov 01, 2006 5:11 pm    Post subject: Reply with quote

Well that's a plus! Got to find a way to save it somewhere.
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eerie



Joined: 03 Oct 2006
Posts: 185

PostPosted: Thu Nov 02, 2006 1:59 pm    Post subject: Reply with quote

Yes, but insurance is higher in Vegas than average. Sorry to burst your bubble!
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LeighA



Joined: 24 Oct 2006
Posts: 64

PostPosted: Sat Nov 04, 2006 8:01 pm    Post subject: Reply with quote

Oh, well...had to happen sooner or later? Why are the insurance rates higher in Vegas?
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felice206



Joined: 09 Nov 2006
Posts: 5

PostPosted: Thu Nov 09, 2006 12:53 am    Post subject: Reply with quote

I too would be quite interested to find out why insurance rates are higher in las vegas. Really do hope they're not too high!
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eerie



Joined: 03 Oct 2006
Posts: 185

PostPosted: Thu Nov 16, 2006 1:24 pm    Post subject: Reply with quote

Car insurance is high in any city. Too many cars on two little road!

House insurance should be streamlined with other cities of that size. There's no particular dangers involved in Las Vegas that would cost home owners insurance to be high, but you do have to cover replacement cost of the structure.

The more expensive the house, the higher the insurance.
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eerie



Joined: 03 Oct 2006
Posts: 185

PostPosted: Thu Nov 16, 2006 1:26 pm    Post subject: Reply with quote

Oh, also - the main reason car insurance is so high in Las Vegas is because so many people sue the insurance companies when they get into a fender bender.

The TV ads are full of lawyers who are trying to get you to call them after an accident. They sue the insurance company to get you more money - and everyone's rates go up.

There's a real racket going on there.
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SeeMe



Joined: 19 Jan 2007
Posts: 49

PostPosted: Fri Jan 19, 2007 2:41 am    Post subject: Reply with quote

I have also heard there is no state income tax in Nevada- does anyone know if that's true? That would save quite a bit of money.
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eerie



Joined: 03 Oct 2006
Posts: 185

PostPosted: Fri Feb 02, 2007 11:17 pm    Post subject: Re: Property Taxes in Las Vegas? Reply with quote

LyricB wrote:
Are property taxes in the Las Vegas area considerably lower because of the casino income? I know when gambling lobbyists come to different states they always cite lower taxes as a gambling pro.


No, again, gaming revenue pays for other things, like schools and roads.
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