Appeal your tax assessment

[patientrenter]

EconProf, I have never owned, so I confess to not being very interested in your tax situation, but I am puzzled and quite curious about your frame of mind when you bought. I am not trying to be nasty or anything. I am just curious what the perspective of an exceptionally educated and aware peak buyer was. I suppose this is just my version of asking you “what were you thinking?”

[EconProf]

XBoxBoy: They are required by law to respond within two years and are now flooded with 45,000 appeals. That is exactly why you are in a good negotiating position now if you appeal. I sat in on a hearing, and they took an average of 20 – 30 minutes to hear each case since it is like a courtroom proceedure. They got through about sic in the morning session. Clearly only a tiny percentage get past the stipulation/compromise stage.
In one Florida jurisdiction they also were flooded with appeals, had a two-year time limit, and ended up forced to give each taxpayer appeal exactly what they demanded.

[EconProf]

XBoxBoy: They are required by law to respond within two years and are now flooded with 45,000 appeals. That is exactly why you are in a good negotiating position now if you appeal. I sat in on a hearing, and they took an average of 20 – 30 minutes to hear each case since it is like a courtroom proceedure. They got through about sic in the morning session. Clearly only a tiny percentage get past the stipulation/compromise stage.
In one Florida jurisdiction they also were flooded with appeals, had a two-year time limit, and ended up forced to give each taxpayer appeal exactly what they demanded.

[EconProf]

XBoxBoy: They are required by law to respond within two years and are now flooded with 45,000 appeals. That is exactly why you are in a good negotiating position now if you appeal. I sat in on a hearing, and they took an average of 20 – 30 minutes to hear each case since it is like a courtroom proceedure. They got through about sic in the morning session. Clearly only a tiny percentage get past the stipulation/compromise stage.
In one Florida jurisdiction they also were flooded with appeals, had a two-year time limit, and ended up forced to give each taxpayer appeal exactly what they demanded.

[EconProf]

XBoxBoy: They are required by law to respond within two years and are now flooded with 45,000 appeals. That is exactly why you are in a good negotiating position now if you appeal. I sat in on a hearing, and they took an average of 20 – 30 minutes to hear each case since it is like a courtroom proceedure. They got through about sic in the morning session. Clearly only a tiny percentage get past the stipulation/compromise stage.
In one Florida jurisdiction they also were flooded with appeals, had a two-year time limit, and ended up forced to give each taxpayer appeal exactly what they demanded.

[EconProf]

XBoxBoy: They are required by law to respond within two years and are now flooded with 45,000 appeals. That is exactly why you are in a good negotiating position now if you appeal. I sat in on a hearing, and they took an average of 20 – 30 minutes to hear each case since it is like a courtroom proceedure. They got through about sic in the morning session. Clearly only a tiny percentage get past the stipulation/compromise stage.
In one Florida jurisdiction they also were flooded with appeals, had a two-year time limit, and ended up forced to give each taxpayer appeal exactly what they demanded.

[EconProf]

PatientRenter: That is a fair question.
As SDRealtor often cites, people sometimes have to move when their personal situation dictates it, irrespective of where we are in the housing cycle. In our case we were newly empty nesters, sought to escape our busy and noisy street in Scripps Ranch, and fell in love with the perfect house in the perfect setting.
I had long predicted the RE mania would end and had sold a lot of San Diego RE investments accordingly, some with huge gains. I predicted the market would stop rising, but not fall much. I was sooo wrong. Looking back, I should have rented after selling out at the peak. Hindsight is perfect.

[EconProf]

PatientRenter: That is a fair question.
As SDRealtor often cites, people sometimes have to move when their personal situation dictates it, irrespective of where we are in the housing cycle. In our case we were newly empty nesters, sought to escape our busy and noisy street in Scripps Ranch, and fell in love with the perfect house in the perfect setting.
I had long predicted the RE mania would end and had sold a lot of San Diego RE investments accordingly, some with huge gains. I predicted the market would stop rising, but not fall much. I was sooo wrong. Looking back, I should have rented after selling out at the peak. Hindsight is perfect.

[EconProf]

PatientRenter: That is a fair question.
As SDRealtor often cites, people sometimes have to move when their personal situation dictates it, irrespective of where we are in the housing cycle. In our case we were newly empty nesters, sought to escape our busy and noisy street in Scripps Ranch, and fell in love with the perfect house in the perfect setting.
I had long predicted the RE mania would end and had sold a lot of San Diego RE investments accordingly, some with huge gains. I predicted the market would stop rising, but not fall much. I was sooo wrong. Looking back, I should have rented after selling out at the peak. Hindsight is perfect.

[EconProf]

PatientRenter: That is a fair question.
As SDRealtor often cites, people sometimes have to move when their personal situation dictates it, irrespective of where we are in the housing cycle. In our case we were newly empty nesters, sought to escape our busy and noisy street in Scripps Ranch, and fell in love with the perfect house in the perfect setting.
I had long predicted the RE mania would end and had sold a lot of San Diego RE investments accordingly, some with huge gains. I predicted the market would stop rising, but not fall much. I was sooo wrong. Looking back, I should have rented after selling out at the peak. Hindsight is perfect.

[EconProf]

PatientRenter: That is a fair question.
As SDRealtor often cites, people sometimes have to move when their personal situation dictates it, irrespective of where we are in the housing cycle. In our case we were newly empty nesters, sought to escape our busy and noisy street in Scripps Ranch, and fell in love with the perfect house in the perfect setting.
I had long predicted the RE mania would end and had sold a lot of San Diego RE investments accordingly, some with huge gains. I predicted the market would stop rising, but not fall much. I was sooo wrong. Looking back, I should have rented after selling out at the peak. Hindsight is perfect.

[patientrenter]

EconProf, I had assumed you’d invested, net, at the peak, but it sounds like you actually disinvested on a net basis. (When you bought your primary residence you sold a prior primary, and you sold investment properties without repurchasing.)

[patientrenter]

EconProf, I had assumed you’d invested, net, at the peak, but it sounds like you actually disinvested on a net basis. (When you bought your primary residence you sold a prior primary, and you sold investment properties without repurchasing.)

[patientrenter]

EconProf, I had assumed you’d invested, net, at the peak, but it sounds like you actually disinvested on a net basis. (When you bought your primary residence you sold a prior primary, and you sold investment properties without repurchasing.)

[patientrenter]

EconProf, I had assumed you’d invested, net, at the peak, but it sounds like you actually disinvested on a net basis. (When you bought your primary residence you sold a prior primary, and you sold investment properties without repurchasing.)

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