Welcome Guest. Register Now!  


For 2013 Tax Tips For Year 2013.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 10-25-2013, 03:06 AM
Junior Member
 
Join Date: Oct 2013
Posts: 2
Property tax issue is process

In 1996, I had a property assess question in which I demonstrated my case and my valuation was diminished by essentially $30,000 through a decrease process.

I have battled with the appraisal term "comparables" for 20 years in light of the fact that they aren't working nor are they reasonable.

I have a $300,000 home and authorities benchmark me, utilizing the expression "comparables," to homes esteemed as high as $900,000 with double the rooms and twofold the amount of showers.

These are illustrations of what needs altering in property imposes by our Legislature.

The point when will the Legislature get it that it can't alter property assesses by sponsoring them? Lawmakers need to continue tossing cash at it through schools or some neighborhood government unit. The point when will they at any point get that the issue with property charges is the "procedure."

The evaluation process is broken; the entire foundation and equation for property expenses is broken. We require add up to change of property charges.

The Legislature is doing nothing to address property charges that will stop the center issue, which is the equation and the appraisal procedure. So the center issue, which is exemplified by my 1996 issue and can happen yet today, will at present be there after this session — once more. The Legislature didn't hear us once more.
Triangle Real Estate Investors - Learning Center for Real Estate Investors



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What is the Process to obtain an "Employer Identification Number (EIN)" Online? TaxGuru For 2013 1 09-15-2013 11:39 PM
Time for NJ to process biz taxes filed passerby S-Corporation 3 12-30-2011 02:20 AM
Need to issue a 1099 to maintenance men paid for rental property repair velveeta42 Income 2 02-24-2009 09:37 AM
What factors or features are involved in a personal financial planning process"? Wayne Life Insurance 0 08-14-2007 01:44 PM
Do you have any advise on the Retirement Planning process? JimiGood Retirement Planning 2 06-05-2007 10:59 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.