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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: deeno who wrote (13604)9/10/2003 6:39:46 PM
From: David JonesRead Replies (1) of 306849
 
re....I complained that it only cost me about $80,000.....

Ok I found it. That's prop 8 that allows for reassessments from declining values. The court originally said if your reassessed lower that is your tax base. But you say that has been reversed. I can understand that.

For remodels or what have you, now there is a form sent to you from the assessors office to report the costs of improvements. They gleam your name form permits taken out in your host city. If you add square footage and don't fill out this form the assessor can come a knock'en. They may very well anyway sense their aware of the permits.
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