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No worries. That makes sense to me, about people moving from non-major to non-major cities. I could see someone wanting to move for the difference in climate a
by mariojv 3y ago
No worries. That makes sense to me, about people moving from non-major to non-major cities.
I could see someone wanting to move for the difference in climate alone, honestly. There are a lot of people on Texas subreddits talking about moving after the recent heatwave. It was the most brutal one I've ever been in, having lived here off and on for a few decades. Having said that, it was interesting learning how adaptable the human body is after mentioning how "nice out" it felt once the high temperature started dropping below 100F consistently!
I'm not well-read on it, but I believe the taxes are due if you sell the property. It seems intended to allow people who want to live in their home forever to stay there if they have cash flow issues in retirement. In the event other assets couldn't cover the amount due, the state would get back the tax money from the heirs, if they wanted to keep the home, or sale of the house eventually.