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31 Ways To Use Your LI Property Tax Savings This Summer
By timhoughten
Thursday, May 15, 2014
Far too many Long Island homeowners are overpaying on their property taxes. Some might not care, others could desperately use the extra cash in their pockets right now. A huge percentage of local property owners could be owed a property tax reduction if they’ just get help to demand it.
So whether it is $1,000 in savings each year or many thousands what are some of the better ways to use the money than overpaying to the tax man?
- Finally get around to making those long dreamed of home improvements
- Donate directly to a local school fundraiser or afterschool program
- Catch up on late bills and housing payments
- Make an extra payment to reduce your home mortgage balance
- Pay off high interest rate debt or credit cards and save more each month
- Contribute to a crowdfunding campaign and help change the world
- Put a down payment on a new car
- Donate to charity
- Open a savings account for your kids or grandkids
- Throw a fourth of July party
- Treat someone special to a great night out
- Take off on a summer road trip
- Enjoy a romantic weekend away with your soul mate
- Stash the money to save for the December holidays
- Start a retirement savings account and start saving tax deferred or tax free
- Start your savings fund to buy your retirement home in Florida
- Start a new small business and become your own boss
- Take a cruise
- Invest in your education and learn something new
- Use it to refinance your home loan and buy down to a lower interest rate
- Write and self-publish your own book
- Go on a volunteer trip to a foreign country
- Buy a bicycle and get fit, help the environment and lower your monthly bills
- Add energy efficient features to your Long Island home
- Save for heating your Long Island home in the winter
- Stage your home for sale so it sells faster and for more money and find a state with lower property taxes
- Hire a great tax accountant to help you save on your New York income taxes
- Learn a new language
- Take it to Vegas and try your luck
- Help a homeless person get a job and their own apartment
- Splurge on a $1,000 pizza in one of NYC’s great restaurants
Certainly just about every idea on this list has to be a better use of your dollars than paying bills you don’t owe. There are infinite other options if none of these appeal to you either.
So what are you waiting for? Reach out and get the help you need with Property Tax Adjusters, Ltd. today...