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Aug 3, 2021
6:58
:35
am
OC_Ute
3rd String
bad on you for not doing your homework.
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OC_Ute
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OC_Ute
Joined
Jun 16, 2014
Last login
May 22, 2024
Total posts
430 (0 FO)
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Messages
Author
Time
California prop 13 doubled the tax I pay on the house I bought vs. the former
idacoug
8/2/21 10:52pm
RE: California prop 13 doubled the tax I pay on the house I bought vs. the former
TwinsRight
8/2/21 10:54pm
A colleague I know just bought an Eichler style home in Palo Alto, and he is going to pay many multiples more in
slappy
8/2/21 10:56pm
Your colleague will change his/her mind
BlackHawkCoug
8/2/21 11:01pm
It’s always easy to pass the buck to the next guy. Such a terrible solution with compounding knock on effects. If
YIsForBrigham
8/2/21 11:05pm
You don’t understand the California
BlackHawkCoug
8/2/21 11:09pm
Right. California voters are dumb. Elect legislators that make good solutions. Don’t create terrible solutions to
YIsForBrigham
8/2/21 11:11pm
Tell that to all those who voted for them! I assure you many of us didn’t.
calblue
8/2/21 11:36pm
Yes. The voters are incredibly dumb.
HONOMO
8/3/21 8:33am
Let me humbly suggest not all of we California voters are morons.
byujdmba
8/3/21 9:21am
This is exactly correct. Utah homeowners
BlackHawkCoug
8/3/21 10:10am
I agree with you. Particularly on prop 13.
HONOMO
8/3/21 5:47pm
That was flat out stupid. Let’s pay another 12 cents a gal just cause. Stupid.
TeeKaa
8/3/21 5:52pm
Prop 13 is not the answer. Lower tax rates. Problem solved
YIsForBrigham
8/3/21 6:34pm
Doesn't say anything
Kerbouchard
8/2/21 11:57pm
Dont most states adjust the property tax every year?
JuicyJam
8/2/21 11:22pm
Yes and certainly every time they are sold
Nat Gas Man
8/2/21 11:31pm
This seems like a pretty big thing for you and the lender to both not be aware of
Mike Honcho
8/2/21 10:57pm
Lender is in Nevada. Does not do too many loans in Cali. I’ve never heard of
idacoug
8/2/21 11:07pm
Are you serious? Whoops! Kind of important to know how much property tax is
Kerbouchard
8/2/21 11:59pm
Rest assured that money will be put to good use
maxpowers
8/2/21 10:57pm
Tax is based on the sale price/ assessed value, no?
Turd Ferguson
8/2/21 10:59pm
<< Deleted >>
OC_Ute
8/3/21 6:57am
I know it sucks, but Prop 13 did not double the tax. Prop 13 kept the previous owner's property tax from rising up to
dilbert
8/2/21 10:59pm
This. w/o you're worse off. Prop 13 protects the homeowner.
byujdmba
8/2/21 11:01pm
Did you read what I wrote? I said it doubled the tax that the former owner paid
idacoug
8/2/21 11:10pm
Yes, I understood what you said in your OP. I once lived the California dream, so I understand how Prop 13 works.
dilbert
8/2/21 11:35pm
Prop 13 saved people from losing their homes
bluelands
8/2/21 11:14pm
My parents bought house in 1976. Yes, prop 13 had good intentions, but it was
Kerbouchard
8/2/21 11:48pm
From $42K to $1.25M 74 to 84? I don't believe that. Where?
Kerbouchard
8/2/21 11:50pm
Los Gatos
bluelands
8/3/21 10:07am
That's not how property taxes work in Utah. If housing prices double, everyone
Megamind
8/3/21 7:16am
Obviously we aren't talking about Utah
bluelands
8/3/21 10:09am
This is much worse than prop 13. As government becomes more liberal and grows the tax accessor just decides to raise the
SolidBlue
8/3/21 11:55am
That's not what I said. The total amount to collect from everyone is not
Megamind
8/3/21 4:41pm
I got that. But your still subject to cost increase decided by politicians. Who by the way probably have some serious
SolidBlue
8/3/21 8:55pm
Yup. Prop 13 merely shifted the tax burden more heavily to recent buyers. It
Megamind
8/3/21 7:29am
The worst part about Prop 13 is that it makes raising taxes easier. Most people
Megamind
8/3/21 8:01am
That's not how passed propositions work in CA. ALL property owners pay the
TeeKaa
8/3/21 10:29am
Okay, but not all tax increases are ballot propositions. There are lots of
Megamind
8/3/21 4:29pm
Your first paragraph, last sentence is the most correct item in the post.
TeeKaa
8/3/21 5:05pm
The details of how California property tax are implemented are irrelevant. The
Megamind
8/3/21 7:11pm
Every comment you make screams you know less than zero about CA property tax
TeeKaa
8/3/21 8:58pm
Okay
Megamind
8/3/21 10:12pm
Prop 13 is an absolute nightmare and a perfect example of how government is so ineffective at solving problems
YIsForBrigham
8/2/21 11:01pm
The CA government has been dysfunctional for a very long time. Prop 13 is just one example.
dilbert
8/2/21 11:09pm
Lower the tax rate
YIsForBrigham
8/2/21 11:09pm
Amen to that, but also good luck with that.
dilbert
8/2/21 11:28pm
Prop 13 was a proposition by the residents. Both state and local govt opposed it
Jay Kay
8/3/21 8:04am
Exactly
YIsForBrigham
8/3/21 8:09am
Yes, but it was in response to a problem that the state legislature refused to address. Eventually, the taxpayers
dilbert
8/3/21 8:36am
Why are you moving there? Lots of non-California options out there. I’d have to be paid an ungodly amount of money…
Bar7h
8/2/21 11:01pm
Voluntold.
idacoug
8/2/21 11:08pm
Best weather in the country but you will pay for it. Welcome to the club
gmoney7
8/2/21 11:39pm
Marginally better weather, and not even close to worth it. It was in the 80's.
Kerbouchard
8/2/21 11:51pm
Correction depending on location . HB is great
gmoney7
8/3/21 12:15am
Don’t forget to register your vehicles within 20 days to avoid additional fees
kcca
8/2/21 11:07pm
Ugh. Seriously?
idacoug
8/2/21 11:08pm
And you’ll pay a big fee if your car wasn’t
BlackHawkCoug
8/2/21 11:14pm
What?
idacoug
8/2/21 11:16pm
There are exceptions to that. This page explains fees and exemptions for the
kcca
8/2/21 11:21pm
Smog check baby! LOL
Kerbouchard
8/2/21 11:46pm
If you bought any cars out of state in the last year, CA will want sales tax.
Mitty
8/3/21 1:12pm
That is an incredibly naive conclusion. Everyone would know almost exactly
TeeKaa
8/2/21 11:35pm
Not really. I’ve moved a lot in my life. Prop 13 is not in any other state and
idacoug
8/3/21 5:51am
Everyone should have known what the taxes would be at X purchase price
TeeKaa
8/3/21 7:57am
Every state I have moved too, the property tax was the same as the seller paid
idacoug
8/3/21 11:33am
realtor & lender, yes. I don't believe the actual buyer gets a pass here either.
TeeKaa
8/3/21 12:18pm
No crap. That's the whole point of it. It freezes the tax for the buyers based
Kerbouchard
8/2/21 11:46pm
bad on you for not doing your homework.
OC_Ute
8/3/21 6:58am
I agree.
idacoug
8/3/21 7:46am
And bad on lender/realtor for not explaining property taxes
HONOMO
8/3/21 8:31am
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