Property tax is a form of tax that is charged from the owners of some real estate properties like land, houses, commercial plazas, buildings etc. However, In the United States, no matter where you live, you have to pay the property tax. Most people tend to save money during early years of their life for post retirement stage because once you retire you no longer have a stable income and paying for such heavy amount of tax might become a huge problem.

Whether you are living in New Jersey or New York, you have to pay for the property tax but the contradiction which arises here is of how wisely you take the decision of where you have to live. Read the full story