Tag: taxed on unrealized gains

Written by Diane Benjamin - editor

Are property taxes going up? Duh

By: Diane Benjamin Subscribers: I don’t think the Weekend comics posts was sent on Saturday (WordPress problem!). See it here: https://blnnews.com/2026/04/04/weekend-comic-truth/ Illinois has the highest property tax rates in the country: https://smartasset.com/taxes/illinois-property-tax-calculator Those rates make homes and rental units unaffordable. This year they will be increasing again. The new assessed values for taxes this year […]

Written by Diane Benjamin - editor

Housing price: 2018 vrs 2025

By: Diane Benjamin With all the local taxing bodies raising property taxes, the cost of rent and homes will continue to rise. You are being taxed on unrealized gains. Your home is worth more but you will never see the profit unless you borrow against it or sell your home. Home Equity loans won’t be […]