Mello Roos

[raptorduck]

Disclaimer, I am not a tax lawyer.

But, you can write off that part of the Mello Roos taxes that goes towards paying interest in the bond and NOT that part that is used to maintain infrastructure. It depends on the district, but for some all the money goes towards the bonds so all of it can be written off.

[patientlywaiting]

One interesting aspect of the unfolding real estate saga to watch is Mello Roos. Mello Roos is an amount that was fixed upon creation of the parcel. Unlike property taxes, MR will not decrease (as % or purchase price) as prices crash back to reality.

[patientlywaiting]

One interesting aspect of the unfolding real estate saga to watch is Mello Roos. Mello Roos is an amount that was fixed upon creation of the parcel. Unlike property taxes, MR will not decrease (as % or purchase price) as prices crash back to reality.

[patientlywaiting]

One interesting aspect of the unfolding real estate saga to watch is Mello Roos. Mello Roos is an amount that was fixed upon creation of the parcel. Unlike property taxes, MR will not decrease (as % or purchase price) as prices crash back to reality.

[patientlywaiting]

One interesting aspect of the unfolding real estate saga to watch is Mello Roos. Mello Roos is an amount that was fixed upon creation of the parcel. Unlike property taxes, MR will not decrease (as % or purchase price) as prices crash back to reality.

[patientlywaiting]

One interesting aspect of the unfolding real estate saga to watch is Mello Roos. Mello Roos is an amount that was fixed upon creation of the parcel. Unlike property taxes, MR will not decrease (as % or purchase price) as prices crash back to reality.

[nostradamus]

patientlywaiting, it appears Mello-Roos will not likely decrease but there is nothing preventing them from decreasing or (more likely) increasing. Crikey! Another reason to buy in an established community.

http://en.wikipedia.org/wiki/Mello-Roos

“While property tax is assessed as a percentage of the value of the home, Mello-Roos is independent and could rise or lower and is not subject to Proposition 13”

[nostradamus]

patientlywaiting, it appears Mello-Roos will not likely decrease but there is nothing preventing them from decreasing or (more likely) increasing. Crikey! Another reason to buy in an established community.

http://en.wikipedia.org/wiki/Mello-Roos

“While property tax is assessed as a percentage of the value of the home, Mello-Roos is independent and could rise or lower and is not subject to Proposition 13”

[nostradamus]

patientlywaiting, it appears Mello-Roos will not likely decrease but there is nothing preventing them from decreasing or (more likely) increasing. Crikey! Another reason to buy in an established community.

http://en.wikipedia.org/wiki/Mello-Roos

“While property tax is assessed as a percentage of the value of the home, Mello-Roos is independent and could rise or lower and is not subject to Proposition 13”

[nostradamus]

patientlywaiting, it appears Mello-Roos will not likely decrease but there is nothing preventing them from decreasing or (more likely) increasing. Crikey! Another reason to buy in an established community.

http://en.wikipedia.org/wiki/Mello-Roos

“While property tax is assessed as a percentage of the value of the home, Mello-Roos is independent and could rise or lower and is not subject to Proposition 13”

[nostradamus]

patientlywaiting, it appears Mello-Roos will not likely decrease but there is nothing preventing them from decreasing or (more likely) increasing. Crikey! Another reason to buy in an established community.

http://en.wikipedia.org/wiki/Mello-Roos

“While property tax is assessed as a percentage of the value of the home, Mello-Roos is independent and could rise or lower and is not subject to Proposition 13”

[nostradamus]

Best to look at what the franchise tax board has to say:

Are Mello-Roos taxes deductible on your personal income tax return?

[nostradamus]

Best to look at what the franchise tax board has to say:

Are Mello-Roos taxes deductible on your personal income tax return?

[nostradamus]

Best to look at what the franchise tax board has to say:

Are Mello-Roos taxes deductible on your personal income tax return?

[nostradamus]

Best to look at what the franchise tax board has to say:

Are Mello-Roos taxes deductible on your personal income tax return?

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