- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Developments and rulings for beleaguered landowners to watch
Could create precedents
There would need to be a surge in discounted sales, but could get someone in ahead of the slow moving/lagging evaluation process:
https://mobile.twitter.com/PatcohenNYT/status/1081947129332068352
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Re: Developments and rulings for beleaguered landowners to watch
How would this work? The taxation authorities would want to see all financial records. That would then be public knowledge, I suppose.
Maybe a new branch of the Assessor's Office would need to be staffed to consider landowners wanting to reduce property taxes. That would require more funding for the extra staff and I suppose new taxes.
You're probably right. BTO would appeal taxation, get some relief, and the upshot would be everyone's taxes would go up to pay for the process, but BTO not so much.
Probably a good tactic. I think I wrote that with tongue not in cheek but am not sure.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Re: Developments and rulings for beleaguered landowners to watch
great topic...... and going on in one form or another across the country.... Property tax ballooning and local economics reducing......
I am caught in a cousin of this process Buying houses for rent...... Does that make sense? When property taxes and insurance on a small home can approach $580 per month........ why own a house when you can rent appartments for $750.
Your in trouble when the residents and workers in a community don't want to invest in that same community.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Re: Developments and rulings for beleaguered landowners to watch
SW - your statement ( last line ) speaks volumes - 20 words in place of the picture - - -
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content