Do Ohio Renters Pay Property Taxes For Schools?

By
Real Estate Agent with RE/MAX Elite 513.265.3004 www.LizTour.com SAL.2002007747

You may just be borrowing the property as a renter, but you're still contributing to the taxes!Do Ohio Renters Pay Property Taxes For Schools?

Yesterday was election day and the community oriented Facebook pages were busy!  And based on some of the comments it's apparent that there's some confusion regarding renters and whether they contribute property taxes.  If some commenters had their way we'd be taking away renters' right to vote on school levies because "Renters don't pay property taxes!".

And that's both true AND false!  Does a renter directly mail a check to the Warren County Treasurer or have funds held in escrow by the bank like "regular" homeowners?  No, but indirectly they're doing the equivalent.  While they may not own that rental home or apartment, someone (or company) does, and that someone pays property taxes just like the rest of us.  That property owner knows what their expenses are, and while a renter has a lease that fixes the rental amount for the period of the lease, that rental amount is subject to change at lease renewal or with the next tenant. 

So do you think the property owner is benevolent and just accepts the increased expense out of his pocket and is okay with making less profit?  Maybe in the VERY short term, but like any business with rising expenses, you can bet first opportunity to pass that cost on to the renter, that monthly rental amount is going to go up to restore the owner's profit margin to an acceptable amount.

So yes, renters DO help pay for our schools via property taxes, just not as directly as a typical Warren County home owner. 

And if you're a renter in the Warren County area and would like to own your home, we can help with that!  Just contact us and we can get you started on the process of becoming a home owner!

Liz and Bill aka BLiz
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REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
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EHO Two locations: Lebanon & Mason, OH
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Bill direct: 513-520-5305     
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Ambassador
897,107
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Hey BLiz, great post! Let me also say that it was a certain election that drove me away from Facebook, and I am glad I wasn't there yesterday, LOL. 

You make a very good point, renters pay taxes in a roundabout way. But their money pays the taxes. It is just takes a longer route to get there. 

I cringe when I hear statements like that. Everyone has a right to vote... on all issues.... I will say no more!

November 06, 2013 08:19 AM #1
Ambassador
1,445,575
Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Andrea, I didn't jump into the fray because others were trying to explain the concept (not sure how well it was being received).  But to suggest disenfranchising renters is certainly a huge step and far over the line.  Indirectly, the renters' money gets there.  Of bigger concern to me is the fact that our increased tax levies don't really take into account our seniors on a fixed budget.  While a $100 or $200 extra spread over a year may not be much to most of us, that same dollar amount can be significant to someone on a fixed budget.

November 06, 2013 08:32 AM #2
Rainmaker
281,326
Mitch Muller - Charlotte NC Real Estate
Pro-Stead Realty Charlotte, NC CRS CDPE mitch@prostead.com - Charlotte, NC
Certified Residential Specialist

Bliz, I own several rentals and have often told people they can buy a house and have the tenant pay the mortgage and taxes on the place. Most of the time folks don't look at it that way!

November 06, 2013 10:19 AM #3
Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Mitch, As you illustrated, whether they realize it or not, renters are paying for the insurance, mortgage, taxes and pretty much everything else, including "free" water perhaps.  It's all part of the owner's overhead and they don't do it to lose money.

November 06, 2013 11:13 AM #4
Rainmaker
205,368
John Meussner
Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans - Costa Mesa, CA
Making Mortgages Easy Costa Mesa, CA 484-680-4852

Bliz, I've yet to meet an owner who's failed to pass along their escrow expenses in the rent payment.  One of the reasons home ownership can be cheaper than renting.

November 06, 2013 01:39 PM #5
Rainmaker
1,345,892
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

BLiz: You can bet your last dollar that landlords are making sure tax increases are pushed to renters via a bump in the home rental price.

November 06, 2013 01:45 PM #6
Ambassador
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Michael Thornton
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspector - Nashville, TN area - 615.661.0297

 Good afternoon, Bill and Liz. I was going to say the answer was yes – and directly. It is part of the price of the rent.

November 06, 2013 03:22 PM #7
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

John, Definitely, you figure every landlord is charging for ALL of their expenses PLUS profit margins.  They're not in it for charity.

Anita, Ultimately it all winds up in the rent.

Michael, Renters and homeowners alike are paying for the schools, no way around it.

November 06, 2013 06:23 PM #8
Rainmaker
1,006,152
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Liz and Bill.  Tenant's rent pays the mortgage, taxes, insurance, water, sewer, maintenance, etc.  Higher costs result in higher rents.

November 07, 2013 03:44 AM #9
Rainer
118,964
John Fauth
Coldwell Banker King Thompson - Grove City, OH
Turning your dreams into an address!

I think renters in school districts do not think about this when voting. Not realizing that their rents will go up when the taxes do. Good point to make.

November 07, 2013 07:25 AM #10
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Conrad, The only question is how long it takes to go up.

John, I know some of the comments on FB were of the "of course renters will vote for it, they don't have to pay it!".  The taxman excludes no one!

November 07, 2013 08:39 AM #11
Rainmaker
1,032,953
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Liz & Bill loved this post too often renters brag that they do not pay taxes...my answer is always yes and you do not build equity in your home either:), Endre

November 07, 2013 05:17 PM #12
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Endre, With low interest rates, there's a good chance with even halfway decent credit scores a renter can come out ahead with a home purchase.

November 07, 2013 08:45 PM #13
Rainmaker
1,006,152
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

It's all about supply and demand Liz & Bill.  No supply and lot's of demand send rent prices up.

November 09, 2013 03:21 AM #14
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Conrad, And I think in general there's a scarcity of rentals.  Our MLS isn't used for leases much, so there's not a lot we can do for the callers that aren't ready to buy.

November 09, 2013 05:22 AM #15
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Debbie Reynolds
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

As an owner of several rentals when expenses go up the rents have to go up accordingly. So yes the renters do have to help pay. A landlord can only absorbed so much.

November 09, 2013 08:01 PM #16
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Debbie, Perhaps some absorption in the short term, but long term those profit levels have to be maintained.

November 10, 2013 02:45 PM #17
Rainmaker
740,120
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ
Broker/Owner

GOOD MORNING LIZ AND BILL ...  I try not to pass expenses to my tenants - but there is a point where a landlord has to adjust to rising costs and often that means it trickles down! I never get upset when a tenant says "they aren't paying for "xyz" - because I know they are every time they write a rent check.  And many don't mind paying rent or higher rent if they have a good landlord or owner who takes care of them and the house- so it evens out in odd ways.

November 11, 2013 04:36 AM #18
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Gabrielle, Whether a renter can see a line item for it or not, ultimately whatever the landlord pays for, the renter paid for.  It's what cracks me up in some advertisements I see for local apartment complexes:  First Month Free with One Year Lease....and you know that "free" month is built into the overhead and is in the other 11 months worth of rent, and if the landlord is lucky, years 2+ also :)  It's just business, and the owners need to make that profit to justify the extra work done.  And as a former renter (many moons ago), yes, a well maintained place with a good landlord is worth paying extra for!

November 11, 2013 08:03 AM #19
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