A question...
Does anyone defer property taxes to free up cashflow for investing?
It is a suggestion by one financial advisor group here, and it seemed pretty crazy... but maybe not.
Seniors can defer for 0.7% administration fee (no interest)
Families with kids can defer for 2.7% administration fee (no interest).
Deferment is done by a lien on your property, until you pay it off or sell. It was set up to allow seniors to remain in their homes on a fixed income, even if property taxes escalate around them, but can cause challenges with some banks during refinancing a mortgage.