Originally Posted by
CJKatl
Fortunately, I live somewhere that doesn't soak us on real estate taxes, so my taxes are under $2k. Plus, anyone who refinanced a mortgage in the past couple of years is not only paying well under 4% interest, but is also likely to have taxes escrowed.
Many of us who must use corporate credit cards for business travel just do not spend that much a year outside business expenses. It is quite easy to live pretty well without spending that much money. I am purchasing a car right now, and most dealerships have a limit on how much you can put on a card and charge an additional 3% for the pleasure. If I pay cash, they'll give me 3% off, which translates to an additional $3k just to get DL miles. Who would do that?
With property taxes, most counties use a third party company that charges a 2 to 3 percent fee, so it isn't worth it to me. If someone has no problems with paying the fee they can always pay the IRS online if they owe money on their taxes or make a large payment at the end of January and get the money back when they file their taxes.
I am curious as to what kind of car you bought for $100K? I think every dealer has a limit of $2 to $5k on a credit card.