GayRealEstate USA

State-by-State Property Tax Update - Wyoming

By Jeff Adolph

Residential Real Estate

Property tax in Wyoming is based on the assessed value of a property, and the Department of Revenue's Ad Valorem Tax Division supports local governments by training and guiding them in uniform assessment and valuation of properties.

Wyoming is a fractional assessment state, which means that only a portion of the market value of the property is taxed. This is referred to as the property's assessed value, and approximately 9.5% of the market value of a property is taxed. This means that a $200,000 property is only taxed on $19,000, which is classed as the assessed value.

Limitations on property tax increases are set at 1.2% of the assessed value in Wyoming counties and .8% in towns and cities, which means that taxes cannot be raised higher than this rate in any any given assessment period.

Personal property used for personal use is exempt from tax in Wyoming, as is cash, accounts receivable and stocks and bonds.

Wyoming also offers tax relief on property for veterans, homeowners, the elderly, and the disabled, as well as families and individuals with a low income.

For more information on Wyoming taxes, please visit www.revenue-state-wy-us.

Article Source: Wyoming State Taxes (2009) Taxes Wyoming; available online at http://www.bankrate.com

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By Jeff Adolph

Residential Real Estate

Property tax in Wyoming is based on the assessed value of a property, and the Department of Revenue's Ad Valorem Tax Division supports local governments by training and guiding them in uniform assessment and valuation of properties.

Wyoming is a fractional assessment state, which means that only a portion of the market value of the property is taxed. This is referred to as the property's assessed value, and approximately 9.5% of the market value of a property is taxed. This means that a $200,000 property is only taxed on $19,000, which is classed as the assessed value.

Limitations on property tax increases are set at 1.2% of the assessed value in Wyoming counties and .8% in towns and cities, which means that taxes cannot be raised higher than this rate in any any given assessment period.

Personal property used for personal use is exempt from tax in Wyoming, as is cash, accounts receivable and stocks and bonds.

Wyoming also offers tax relief on property for veterans, homeowners, the elderly, and the disabled, as well as families and individuals with a low income.

For more information on Wyoming taxes, please visit www.revenue-state-wy-us.

Article Source: Wyoming State Taxes (2009) Taxes Wyoming; available online at http://www.bankrate.com

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By Jeff Adolph

Residential Real Estate

Property tax in Wyoming is based on the assessed value of a property, and the Department of Revenue's Ad Valorem Tax Division supports local governments by training and guiding them in uniform assessment and valuation of properties.

Wyoming is a fractional assessment state, which means that only a portion of the market value of the property is taxed. This is referred to as the property's assessed value, and approximately 9.5% of the market value of a property is taxed. This means that a $200,000 property is only taxed on $19,000, which is classed as the assessed value.

Limitations on property tax increases are set at 1.2% of the assessed value in Wyoming counties and .8% in towns and cities, which means that taxes cannot be raised higher than this rate in any any given assessment period.

Personal property used for personal use is exempt from tax in Wyoming, as is cash, accounts receivable and stocks and bonds.

Wyoming also offers tax relief on property for veterans, homeowners, the elderly, and the disabled, as well as families and individuals with a low income.

For more information on Wyoming taxes, please visit www.revenue-state-wy-us.

Article Source: Wyoming State Taxes (2009) Taxes Wyoming; available online at http://www.bankrate.com

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By Jeff Adolph

Residential Real Estate

Property tax in Wyoming is based on the assessed value of a property, and the Department of Revenue's Ad Valorem Tax Division supports local governments by training and guiding them in uniform assessment and valuation of properties.

Wyoming is a fractional assessment state, which means that only a portion of the market value of the property is taxed. This is referred to as the property's assessed value, and approximately 9.5% of the market value of a property is taxed. This means that a $200,000 property is only taxed on $19,000, which is classed as the assessed value.

Limitations on property tax increases are set at 1.2% of the assessed value in Wyoming counties and .8% in towns and cities, which means that taxes cannot be raised higher than this rate in any any given assessment period.

Personal property used for personal use is exempt from tax in Wyoming, as is cash, accounts receivable and stocks and bonds.

Wyoming also offers tax relief on property for veterans, homeowners, the elderly, and the disabled, as well as families and individuals with a low income.

For more information on Wyoming taxes, please visit www.revenue-state-wy-us.

Article Source: Wyoming State Taxes (2009) Taxes Wyoming; available online at http://www.bankrate.com

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LGBT Zipcodes -- A Closer Look -- Wyoming

By Jeff Adolph

Housing Developments

U.S. Energy Corp. (USE) has announced that the Gillette, Wyoming multi-family housing project that it began, shall have work resumed on it until completion. The project in one of Wyoming's gayest zip-codes is on budget and now presently ahead of schedule since the company has discontinued and other real estate development projects.

Four of the 24-plexes are complete and fully occupied and expected to be finished by the 30th of September this year. The complex is presently 95% committed for occupancy and is estimated to give the USE a US$240,000 a month return. The company is said to 'be exploring ways to monetize this investment before the end of 2008.'

The complex is estimated to be worth US$29 million when complete, and said to have cost less than US$26 million to build. At present the company has invested US$7 million into the project and are said to be pleased with the proposed investment return.

Main Story Source: CNNMoney.com (2008) U.S. Energy Corp. Provides Operations Update; available on-line at www.cnnmnoney.com

Picture Source: www.ctpenergy.com and www.mountianwestgroup.com

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LGBT Zipcodes -- A Closer Look -- Wyoming

By Jeff Adolph

Housing Vacancies

According to the Census figures released in late April, Wyoming has far less vacant homes for sale than the national average.

Furthermore, Oklahoma and Hawaii tied with the state in the least number of homes on the market up until March of 2008.

Wenlin Lui, state economist feels that the 'energy industry' boom in the state of Wyoming has influenced the realty market. Lui added that Gillette (one of GayRealEstate USA's gayest zipcodes) represents one of the steadiest realty markets in the state.

The estimated median condo price in Gillette in the year 2000 was $99,800 this jumped to $119,300 in 2005, and today the average home price in this region is said to be around the $181.162 mark according to CNNMoney.com, which ranked Gillette in its top 100 place to live in 2007.

Main Story Source: Associated Press (2008)Wyoming Home Vacancy Rate Increases; available online at www.localnews8.com and CNNMoney.com (2008) Best Places to Live in 2007; available online at www.cnnmoney.com

Picture Source: www.city-data.com

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By Jeff Adolph

Housing Vacancies

According to the Census figures released in late April, Wyoming has far less vacant homes for sale than the national average.

Wenlin Lui, state economist feels that the 'energy industry' boom in the state of Wyoming has influenced the realty market. Lui added that Gillette (one of GayRealEstate USA's gayest zipcodes) represents one of the steadiest realty markets in the state.

The estimated median condo price in Gillette in the year 2000 was $99,800 this jumped to $119,300 in 2005, and today the average home price in this region is said to be around the $181.162 mark according to CNNMoney.com, which ranked Gillette in its top 100 place to live in 2007.

Main Story Source: Associated Press (2008)Wyoming Home Vacancy Rate Increases; available online at www.localnews8.com and CNNMoney.com (2008) Best Places to Live in 2007; available online at www.cnnmoney.com

Around the Nation -- Residential Real Estate Update - Wyoming

By Jeff Adolph

State-by-state

Situated in the Western region of the U.S.A, this state is ranked as the 10th largest by land mass and the 50th largest by population with 493,782 people residing in this region.

This states economy relies heavily on tourism, coal, natural gas, coalbed methane, crude oil, uranium, hay, sugar beets, grain and wool production.

There is no income tax in this state on wages or salaries, however there is a 4% sales tax on goods. Only 9.5% of property is taxed based on market value meaning that if a property was valued at $100,000 only 9.5% of this value would be taxed. Therefore, $9,500 of the property would then be taxed.

Alva

Population growth has decreased by 2.2% in this region and job growth has declined by 2.3%. The median age of residents is 32 years old with there being more men than omen in the area.

The median value for homes in this region hovers around $118,000. Approximately 2.9% of homes are vacant in this area with 67.7% owned and 29.4% rented.

LGBT Real Estate Facts: There are approximately 807 same-sex couples residing in Wyoming making this region the 51st gayest state in America. The gayest zip codes in this locality are 82711 Alva; 82711 Gilette; 82051 Bosler; 82322 Bairoil; and 82731 Weston. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

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Have Your Say On the LGBT Political Front - August 19th 2007

By Jeff Adolph

LGBT Politics

In a national first, the Democrats are challenging the Republicans by staging a debate that is dedicated to the LGBT community and will answer many of the issues facing Lesbians, Gays, Bi-sexual's and the Transgendered across the nation.

The leading candidates for the Democratic  nomination for presidency will actively involve themselves in this debate on August the 9th, which is being telecast by LOGO, a gay cable network. Alternatively, you may view proceedings on http://www.logoonline.com/ if you are unable to access the network.

Participants in the debate will include Hilary Clinton, Barack Obama and John Edwards (pictured above), with the moderators being singer Melissa Etheridge and Joe Solmonese, Human Rights Campaign's president.

If you would like to actively participate by lodging questions for the candidates to answer you may do so by logging on to LOGOonline.com as well as on HRC.org.

Source: Demorcrats to Hold Gay Debate (2007) available online at www.wweek.com

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BrokeBack Relocation

By Jeff Adolph

Celebrity Properties

Pulitzer-prize winning author, Annie Proulx, who's greatest success is her story, 'Brokeback Mountain', has recently put her Centennial home up for sale, and relocating to a ranch elsewhere in the state.

As James Rinehart, of the realty firm with the new listing stated, 'Annie's home is kind of a speciality niche market, we don't normally sell homes, but this one is a unique enough one that we're happy to work on it.'

Rinehart's firm usually sells ranch styled properties, but because Proulx purchased her new property from the agency they were open to suggestion.

Annie's home is listed as a 2-acre Aspen country retreat with three bedrooms and three baths, with a price of $700,000 this prestigious mountain home is sure to be whipped up.

The movie Brokeback Mountain was nominated for eight Academy Awards, and won best director, best adapted screenplay, and best original score. Set in Wyoming, Annie's love story depicts the gay relationship of two mountain men and follows their trials and tribulations through-out their lives together.

Proulx's sale may just mean that once a story is written there is need for inspiration elsewhere.

Source:  Home is Where Brokeback Mountain Created f or Sale (2006) Associated Press: available online at http://www365gay.com

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Have you read Brokeback Mountain or seen the movie?

If so what are your thoughts?

Click on Comments below to have your say…

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© 2006 Jeff Adolph GayRealEstate USA

By Jeff Adolph

Celebrity Properties

Pulitzer-prize winning author, Annie Proulx, who's greatest success is her story, 'Brokeback Mountain', has recently put her Centennial home up for sale, and relocating to a ranch elsewhere in the state.

As James Rinehart, of the realty firm with the new listing stated, 'Annie's home is kind of a speciality niche market, we don't normally sell homes, but this one is a unique enough one that we're happy to work on it.'

Rinehart's firm usually sells ranch styled properties, but because Proulx purchased her new property from the agency they were open to suggestion.

Annie's home is listed as a 2-acre Aspen country retreat with three bedrooms and three baths, with a price of $700,000 this prestigious mountain home is sure to be whipped up.

The movie Brokeback Mountain was nominated for eight Academy Awards, and won best director, best adapted screenplay, and best original score. Set in Wyoming, Annie's love story depicts the gay relationship of two mountain men and follows their trials and tribulations through-out their lives together.

Proulx's sale may just mean that once a story is written there is need for inspiration elsewhere.

Source:  Home is Where Brokeback Mountain Created f or Sale (2006) Associated Press: available online at http://www365gay.com

---------------------------------------------------------

*RealQuestions RealAnswers*

Have you read Brokeback Mountain or seen the movie?

If so what are your thoughts?

Click on Comments below to have your say…

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

Celebrity Properties

Pulitzer-prize winning author, Annie Proulx, who's greatest success is her story, 'Brokeback Mountain', has recently put her Centennial home up for sale, and relocating to a ranch elsewhere in the state.

As James Rinehart, of the realty firm with the new listing stated, 'Annie's home is kind of a speciality niche market, we don't normally sell homes, but this one is a unique enough one that we're happy to work on it.'

Rinehart's firm usually sells ranch styled properties, but because Proulx purchased her new property from the agency they were open to suggestion.

Annie's home is listed as a 2-acre Aspen country retreat with three bedrooms and three baths, with a price of $700,000 this prestigious mountain home is sure to be whipped up.

The movie Brokeback Mountain was nominated for eight Academy Awards, and won best director, best adapted screenplay, and best original score. Set in Wyoming, Annie's love story depicts the gay relationship of two mountain men and follows their trials and tribulations through-out their lives together.

Proulx's sale may just mean that once a story is written there is need for inspiration elsewhere.

Source:  Home is Where Brokeback Mountain Created f or Sale (2006) Associated Press: available online at http://www365gay.com

---------------------------------------------------------

*RealQuestions RealAnswers*

Have you read Brokeback Mountain or seen the movie?

If so what are your thoughts?

Click on Comments below to have your say…

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© 2006 Jeff Adolph GayRealEstate USA