Mandolin Del Sur

[PKMAN]

I looked at Del Sur last year but didn’t like the community, as it was too far from highway or the civilization, in general. SEH is also far from highway but at least it got its own shops, supermarket and gas station. Del Sur was also loosely scattered across the landscape, unlike the master planned community of SEH or 4S Ranch.

Anyway, I stopped looking at any new housing community with MR, after realizing that deducting MR as property tax is illegal. I hear that builders at Del Sur, SEH, Sky Ranch of Santee and other large master planned community not yet near build-out are all having trouble securing additional financing from banks to continue on. This is bad because many HOA fees are initially high with expected decrease after build-out. Now these fees will remain high indefinitely.

[creechrr]

[quote=PKMAN]
I hear that builders at Del Sur, SEH, Sky Ranch of Santee and other large master planned community not yet near build-out are all having trouble securing additional financing from banks to continue on. This is bad because many HOA fees are initially high with expected decrease after build-out. Now these fees will remain high indefinitely.[/quote]

I’d imagine this also has an affect on Mello-Roos as well. Can Mello-Roos be increased?

[creechrr]

[quote=PKMAN]
I hear that builders at Del Sur, SEH, Sky Ranch of Santee and other large master planned community not yet near build-out are all having trouble securing additional financing from banks to continue on. This is bad because many HOA fees are initially high with expected decrease after build-out. Now these fees will remain high indefinitely.[/quote]

I’d imagine this also has an affect on Mello-Roos as well. Can Mello-Roos be increased?

[creechrr]

[quote=PKMAN]
I hear that builders at Del Sur, SEH, Sky Ranch of Santee and other large master planned community not yet near build-out are all having trouble securing additional financing from banks to continue on. This is bad because many HOA fees are initially high with expected decrease after build-out. Now these fees will remain high indefinitely.[/quote]

I’d imagine this also has an affect on Mello-Roos as well. Can Mello-Roos be increased?

[creechrr]

[quote=PKMAN]
I hear that builders at Del Sur, SEH, Sky Ranch of Santee and other large master planned community not yet near build-out are all having trouble securing additional financing from banks to continue on. This is bad because many HOA fees are initially high with expected decrease after build-out. Now these fees will remain high indefinitely.[/quote]

I’d imagine this also has an affect on Mello-Roos as well. Can Mello-Roos be increased?

[creechrr]

[quote=PKMAN]
I hear that builders at Del Sur, SEH, Sky Ranch of Santee and other large master planned community not yet near build-out are all having trouble securing additional financing from banks to continue on. This is bad because many HOA fees are initially high with expected decrease after build-out. Now these fees will remain high indefinitely.[/quote]

I’d imagine this also has an affect on Mello-Roos as well. Can Mello-Roos be increased?

[ybitz]

Are there any new houses in San Diego county that doesn’t have Mello-Roos? Or new houses in areas that don’t have HOA? I don’t understand the appeal of HOA…it seems to take away some of the freedom of home ownership.

[ybitz]

Are there any new houses in San Diego county that doesn’t have Mello-Roos? Or new houses in areas that don’t have HOA? I don’t understand the appeal of HOA…it seems to take away some of the freedom of home ownership.

[ybitz]

Are there any new houses in San Diego county that doesn’t have Mello-Roos? Or new houses in areas that don’t have HOA? I don’t understand the appeal of HOA…it seems to take away some of the freedom of home ownership.

[ybitz]

Are there any new houses in San Diego county that doesn’t have Mello-Roos? Or new houses in areas that don’t have HOA? I don’t understand the appeal of HOA…it seems to take away some of the freedom of home ownership.

[ybitz]

Are there any new houses in San Diego county that doesn’t have Mello-Roos? Or new houses in areas that don’t have HOA? I don’t understand the appeal of HOA…it seems to take away some of the freedom of home ownership.

[SanDiegoDave]

[quote=PKMAN]…after realizing that deducting MR as property tax is illegal.[/quote]

Does anyone know why it’s illegal? It’s property tax. No property? No Mello-Roos tax. Seems pretty straightforward to me.

Have there been court cases where the IRS won, when preventing someone from deducting MR?

We pretty much ruled out any properties with MR during our home search over the last two years.

[SanDiegoDave]

[quote=PKMAN]…after realizing that deducting MR as property tax is illegal.[/quote]

Does anyone know why it’s illegal? It’s property tax. No property? No Mello-Roos tax. Seems pretty straightforward to me.

Have there been court cases where the IRS won, when preventing someone from deducting MR?

We pretty much ruled out any properties with MR during our home search over the last two years.

[SanDiegoDave]

[quote=PKMAN]…after realizing that deducting MR as property tax is illegal.[/quote]

Does anyone know why it’s illegal? It’s property tax. No property? No Mello-Roos tax. Seems pretty straightforward to me.

Have there been court cases where the IRS won, when preventing someone from deducting MR?

We pretty much ruled out any properties with MR during our home search over the last two years.

[SanDiegoDave]

[quote=PKMAN]…after realizing that deducting MR as property tax is illegal.[/quote]

Does anyone know why it’s illegal? It’s property tax. No property? No Mello-Roos tax. Seems pretty straightforward to me.

Have there been court cases where the IRS won, when preventing someone from deducting MR?

We pretty much ruled out any properties with MR during our home search over the last two years.

[Author]

Posts