Taxes with owning multiple houses in Pittsburgh?

I just bought a house, and am planning on buying a few more for investment purposes. I may sit on them a while, buy when the market is bad, sell when values go up, etc. My question, is how do the taxes work. I know there is a property tax and a school tax. I think school tax is 1% of your income, and property tax is like 3% of the houses value. My question, if I own 5 houses, do I have to give 5% of my income to school taxes? Would that make it impossible for anyone to own more than 100 houses? If you're only supposed to pay taxes to the school district that you actually live in, should I get my money back for currently paying for two districts? The house I just bought is in Pittsburgh, PA, and the place I'm actually living is in Westmoreland, co.

Please explain how the taxes work, maybe I'm wrong the parts I think I know. Thanks.

buy each house though its own separate corporation. and since you are going to make such a large investment get your self a good accountant to help you through all the questions, forms, and red tape. good luck.

The property tax you would pay is based on the value of the property - not your income.

In Pittsburgh you pay a city income tax on your income, and much of that is for the schools. This is separate, though, from property taxes, some of which also is for schools. So no, your city income tax won't change no matter how many houses you own, but you'll have to pay property taxes on each house.

If you live in Westmoreland county, you don't have to pay city income taxes to Pittsburgh, you'll just pay the 1% wage tax to your municipality or township. But you will have to pay the property taxes on each house you own in the city of Pittsburgh. And those are not a straight percentage of what you pay for the houses, the tax is based on their assessed value.

The City of Pittsburgh has a 1% wage tax and a 2% school tax. If you live and work in Pittsburgh then the total tax you will pay to the City is 3% of your PGH taxable income.

But if you do not live in Pittsburgh you do not pay the 2% school tax, you only pay the 1% wage tax. Any you only pay that once.

The expenses you face from property ownership are of course the Allegheny County property taxes, assessed on each property.