I get the tax deduction on the full $30,000 this year. So I win. I get the tax deduction that I wanted,

but I can take my time and direct my donations at my leisure. Welcome to Stay Wealthy San Diego,

a show for successful professionals doing all the right things with their money and are ready to

take their financial plan to the next level. I'm certified financial planner Taylor Schulte,

and I'm here to teach you advanced financial planning strategies in plain English.

Let's talk about some taxes. Let's do it. Do you know what the most hated taxes in America?

For me, I want to say the self-employment tax, but I'm biased because I pay the self-employment tax.

So I couldn't imagine that would be it.

Marginal income, so that's not a fun tax either.

Think California.

State tax, state income tax? Getting closer. Property taxes.

Property taxes. Oh, yeah. That's, you know, it's funny. I was literally writing about the cost of

housing in a blog post just now. And yeah, California, or at least San Diego, property taxes are

brutal. The brutal. Yeah. Property taxes. So most hated tax in America, and in San

Diego, we've got these pockets where you pay mellow ruse. It's like a tax on top of the tax.

Yeah. You know, the stuff can get out of control, and then you've got HOAs on top of that.

Anyways, property taxes are the most hated tax in America. One thing I learned kind of prepping

to this show is you can actually appeal your property taxes. You get that annual assessment in the

mail and you can actually appeal the assessment and you can say, you know what, I don't think

my house is worth what you're saying it's worth, you can bring that annual notice to the board

of tax assessors and they will run comps in your neighborhood for you. They'll give you those

comps. And then you can fill out this form and make your case and say, my house isn't really

...