Quote:
Originally Posted by JavaBrewer
Would rebuilding resemble remodel when it comes to property taxes? I'm not an expert in property re-assessment triggers other than I think a remodel needs to stick in a few guidelines to avoid a rebuild situation and resulting re-assessment. Just curious if anyone here can chime in.
|
They try to push to remove Prop 13 many times years back and was unsuccessful. Eventually they will nail us and it will go away. The way things are, I am not betting on them staying true to their word on the same tax base. No way, if there's money to be gain for the county or the gov. They will nail us. Once the application of any construction is applied through the city of county, within the year, a letter comes, asking about square footage, or the type of work done. Assessment can be done anytime after that. If these cities want to do us all a solid, reduce the construction permit fees or a simpler remodeling fee. For a whole house remodel, approx 2000 sq' the permit run on average, 7000 bucks. This is not including plan check, but just the permit.