Reminder: Your massive property taxes are due

[briansd1]

bearishgurl, you make it sound like only people who can afford to maintain their properties to your standards should deserve to be homeowners.

What’s wrong with weeds and junk cars? If it doesn’t bother the owners, they are entitled to have them on their properties.

Property rights means that you have the right to maintain your property or let it decay and fall apart. That’s your right. Nobody can force you to earn the money then spend it to maintain your property (think of the two wood bungalows at La Jolla Cove).

[bearishgurl]

[quote=briansd1]bearishgurl, you make it sound like only people who can afford to maintain their properties to your standards should deserve to be homeowners.[/quote]

Yes, minimum standards. Like, pick up trash, fix broken windows, mow weeds, etc. Most of my complaints are due to neighbors’ laziness more than not having money. And foolish expenditure, like starting cheesy DIY “room-additions” and then quitting in the middle of “construction.”

[quote=briansd1]What’s wrong with weeds and junk cars? If it doesn’t bother the owners, they are entitled to have them on their properties.[/quote]

You are correct, briansd1. I have a low tolerance for crowded conditions. There are only four feet between the homes and side fences where I live. My close neighbors’ termite-eaten and piled-high crap is literally “spilling over” our property lines and in my face, esp. my upstairs “fishbowl-view.” I LOVE my convenient location but would also LOVE to sell if I could recover my down payment and qualify for a 15 yr. purchase-money loan. I don’t think either is possible right now. In addition, I don’t currently have any help to maintain a 1/3 acre + lot I was used to living on. I know I couldn’t manage this by myself. So I will “press on” for four more years and then retire in South Lake Tahoe (CA side).

Nine years ago, I purchased what I could afford on my own and still remain close to my kids’ schools. Properties I am now complaining about were then occupied by their original owners. It’s still affordable to me, but throughout my life I have been used to living at least 35 feet from neighbors who had gardeners, pool persons and in many cases, housekeepers. At that distance (as in the LJ cove cottages you pointed out, which are on an acerage, BTW), a person does not care so much about their neighbors’ issues. My place is peaceful in that I don’t have constant noise from stereos and boomboxes and there aren’t a lot of noisy kids around. For that, I’m grateful.

Briansd1, I daresay I don’t think you would want your life-savings to be invested in properties in which you could not even recover your initial investment. As you can see, I wasn’t a “bubble” purchaser and my purchase-money loan is STILL in place as my ONLY loan. I have paid it down by nearly 45K and put in about 12K improvements, but I don’t believe I could recover all of my down payment today due to what I believe are the environmental factors I have discussed here. That is just . . . SAD!

[bearishgurl]

[quote=briansd1]bearishgurl, you make it sound like only people who can afford to maintain their properties to your standards should deserve to be homeowners.[/quote]

Yes, minimum standards. Like, pick up trash, fix broken windows, mow weeds, etc. Most of my complaints are due to neighbors’ laziness more than not having money. And foolish expenditure, like starting cheesy DIY “room-additions” and then quitting in the middle of “construction.”

[quote=briansd1]What’s wrong with weeds and junk cars? If it doesn’t bother the owners, they are entitled to have them on their properties.[/quote]

You are correct, briansd1. I have a low tolerance for crowded conditions. There are only four feet between the homes and side fences where I live. My close neighbors’ termite-eaten and piled-high crap is literally “spilling over” our property lines and in my face, esp. my upstairs “fishbowl-view.” I LOVE my convenient location but would also LOVE to sell if I could recover my down payment and qualify for a 15 yr. purchase-money loan. I don’t think either is possible right now. In addition, I don’t currently have any help to maintain a 1/3 acre + lot I was used to living on. I know I couldn’t manage this by myself. So I will “press on” for four more years and then retire in South Lake Tahoe (CA side).

Nine years ago, I purchased what I could afford on my own and still remain close to my kids’ schools. Properties I am now complaining about were then occupied by their original owners. It’s still affordable to me, but throughout my life I have been used to living at least 35 feet from neighbors who had gardeners, pool persons and in many cases, housekeepers. At that distance (as in the LJ cove cottages you pointed out, which are on an acerage, BTW), a person does not care so much about their neighbors’ issues. My place is peaceful in that I don’t have constant noise from stereos and boomboxes and there aren’t a lot of noisy kids around. For that, I’m grateful.

Briansd1, I daresay I don’t think you would want your life-savings to be invested in properties in which you could not even recover your initial investment. As you can see, I wasn’t a “bubble” purchaser and my purchase-money loan is STILL in place as my ONLY loan. I have paid it down by nearly 45K and put in about 12K improvements, but I don’t believe I could recover all of my down payment today due to what I believe are the environmental factors I have discussed here. That is just . . . SAD!

[bearishgurl]

[quote=briansd1]bearishgurl, you make it sound like only people who can afford to maintain their properties to your standards should deserve to be homeowners.[/quote]

Yes, minimum standards. Like, pick up trash, fix broken windows, mow weeds, etc. Most of my complaints are due to neighbors’ laziness more than not having money. And foolish expenditure, like starting cheesy DIY “room-additions” and then quitting in the middle of “construction.”

[quote=briansd1]What’s wrong with weeds and junk cars? If it doesn’t bother the owners, they are entitled to have them on their properties.[/quote]

You are correct, briansd1. I have a low tolerance for crowded conditions. There are only four feet between the homes and side fences where I live. My close neighbors’ termite-eaten and piled-high crap is literally “spilling over” our property lines and in my face, esp. my upstairs “fishbowl-view.” I LOVE my convenient location but would also LOVE to sell if I could recover my down payment and qualify for a 15 yr. purchase-money loan. I don’t think either is possible right now. In addition, I don’t currently have any help to maintain a 1/3 acre + lot I was used to living on. I know I couldn’t manage this by myself. So I will “press on” for four more years and then retire in South Lake Tahoe (CA side).

Nine years ago, I purchased what I could afford on my own and still remain close to my kids’ schools. Properties I am now complaining about were then occupied by their original owners. It’s still affordable to me, but throughout my life I have been used to living at least 35 feet from neighbors who had gardeners, pool persons and in many cases, housekeepers. At that distance (as in the LJ cove cottages you pointed out, which are on an acerage, BTW), a person does not care so much about their neighbors’ issues. My place is peaceful in that I don’t have constant noise from stereos and boomboxes and there aren’t a lot of noisy kids around. For that, I’m grateful.

Briansd1, I daresay I don’t think you would want your life-savings to be invested in properties in which you could not even recover your initial investment. As you can see, I wasn’t a “bubble” purchaser and my purchase-money loan is STILL in place as my ONLY loan. I have paid it down by nearly 45K and put in about 12K improvements, but I don’t believe I could recover all of my down payment today due to what I believe are the environmental factors I have discussed here. That is just . . . SAD!

[bearishgurl]

[quote=briansd1]bearishgurl, you make it sound like only people who can afford to maintain their properties to your standards should deserve to be homeowners.[/quote]

Yes, minimum standards. Like, pick up trash, fix broken windows, mow weeds, etc. Most of my complaints are due to neighbors’ laziness more than not having money. And foolish expenditure, like starting cheesy DIY “room-additions” and then quitting in the middle of “construction.”

[quote=briansd1]What’s wrong with weeds and junk cars? If it doesn’t bother the owners, they are entitled to have them on their properties.[/quote]

You are correct, briansd1. I have a low tolerance for crowded conditions. There are only four feet between the homes and side fences where I live. My close neighbors’ termite-eaten and piled-high crap is literally “spilling over” our property lines and in my face, esp. my upstairs “fishbowl-view.” I LOVE my convenient location but would also LOVE to sell if I could recover my down payment and qualify for a 15 yr. purchase-money loan. I don’t think either is possible right now. In addition, I don’t currently have any help to maintain a 1/3 acre + lot I was used to living on. I know I couldn’t manage this by myself. So I will “press on” for four more years and then retire in South Lake Tahoe (CA side).

Nine years ago, I purchased what I could afford on my own and still remain close to my kids’ schools. Properties I am now complaining about were then occupied by their original owners. It’s still affordable to me, but throughout my life I have been used to living at least 35 feet from neighbors who had gardeners, pool persons and in many cases, housekeepers. At that distance (as in the LJ cove cottages you pointed out, which are on an acerage, BTW), a person does not care so much about their neighbors’ issues. My place is peaceful in that I don’t have constant noise from stereos and boomboxes and there aren’t a lot of noisy kids around. For that, I’m grateful.

Briansd1, I daresay I don’t think you would want your life-savings to be invested in properties in which you could not even recover your initial investment. As you can see, I wasn’t a “bubble” purchaser and my purchase-money loan is STILL in place as my ONLY loan. I have paid it down by nearly 45K and put in about 12K improvements, but I don’t believe I could recover all of my down payment today due to what I believe are the environmental factors I have discussed here. That is just . . . SAD!

[bearishgurl]

[quote=briansd1]bearishgurl, you make it sound like only people who can afford to maintain their properties to your standards should deserve to be homeowners.[/quote]

Yes, minimum standards. Like, pick up trash, fix broken windows, mow weeds, etc. Most of my complaints are due to neighbors’ laziness more than not having money. And foolish expenditure, like starting cheesy DIY “room-additions” and then quitting in the middle of “construction.”

[quote=briansd1]What’s wrong with weeds and junk cars? If it doesn’t bother the owners, they are entitled to have them on their properties.[/quote]

You are correct, briansd1. I have a low tolerance for crowded conditions. There are only four feet between the homes and side fences where I live. My close neighbors’ termite-eaten and piled-high crap is literally “spilling over” our property lines and in my face, esp. my upstairs “fishbowl-view.” I LOVE my convenient location but would also LOVE to sell if I could recover my down payment and qualify for a 15 yr. purchase-money loan. I don’t think either is possible right now. In addition, I don’t currently have any help to maintain a 1/3 acre + lot I was used to living on. I know I couldn’t manage this by myself. So I will “press on” for four more years and then retire in South Lake Tahoe (CA side).

Nine years ago, I purchased what I could afford on my own and still remain close to my kids’ schools. Properties I am now complaining about were then occupied by their original owners. It’s still affordable to me, but throughout my life I have been used to living at least 35 feet from neighbors who had gardeners, pool persons and in many cases, housekeepers. At that distance (as in the LJ cove cottages you pointed out, which are on an acerage, BTW), a person does not care so much about their neighbors’ issues. My place is peaceful in that I don’t have constant noise from stereos and boomboxes and there aren’t a lot of noisy kids around. For that, I’m grateful.

Briansd1, I daresay I don’t think you would want your life-savings to be invested in properties in which you could not even recover your initial investment. As you can see, I wasn’t a “bubble” purchaser and my purchase-money loan is STILL in place as my ONLY loan. I have paid it down by nearly 45K and put in about 12K improvements, but I don’t believe I could recover all of my down payment today due to what I believe are the environmental factors I have discussed here. That is just . . . SAD!

[Coronita]

[quote=meadandale][quote=flu][quote=meadandale]Gotta love this time of year when you are a small business owner and property owner in CA:

1) Mar 15: corp taxes due + first quarter est corp taxes due
2) April 10: property taxes due
3) April 15: personal taxes due + first quarter est taxes due

Let’s just say that I could pay more than one McDonald’s workers salary for a year with the checks I have to write this year.[/quote]

I got you beat. All my insurance premiums for some reason or the other are due around this time too. Why not at the beginning of the year, I have no idea.[/quote]

Yeah, business liability came due a month or so ago, home owners insurance is due and just paid my bimonthly anthem bill.[/quote]

Two sentences I have tonight.

I hate paying the IRS.
I hate paying the Franchise Tax Board…

(end vent).

[Coronita]

[quote=meadandale][quote=flu][quote=meadandale]Gotta love this time of year when you are a small business owner and property owner in CA:

1) Mar 15: corp taxes due + first quarter est corp taxes due
2) April 10: property taxes due
3) April 15: personal taxes due + first quarter est taxes due

Let’s just say that I could pay more than one McDonald’s workers salary for a year with the checks I have to write this year.[/quote]

I got you beat. All my insurance premiums for some reason or the other are due around this time too. Why not at the beginning of the year, I have no idea.[/quote]

Yeah, business liability came due a month or so ago, home owners insurance is due and just paid my bimonthly anthem bill.[/quote]

Two sentences I have tonight.

I hate paying the IRS.
I hate paying the Franchise Tax Board…

(end vent).

[Coronita]

[quote=meadandale][quote=flu][quote=meadandale]Gotta love this time of year when you are a small business owner and property owner in CA:

1) Mar 15: corp taxes due + first quarter est corp taxes due
2) April 10: property taxes due
3) April 15: personal taxes due + first quarter est taxes due

Let’s just say that I could pay more than one McDonald’s workers salary for a year with the checks I have to write this year.[/quote]

I got you beat. All my insurance premiums for some reason or the other are due around this time too. Why not at the beginning of the year, I have no idea.[/quote]

Yeah, business liability came due a month or so ago, home owners insurance is due and just paid my bimonthly anthem bill.[/quote]

Two sentences I have tonight.

I hate paying the IRS.
I hate paying the Franchise Tax Board…

(end vent).

[Coronita]

[quote=meadandale][quote=flu][quote=meadandale]Gotta love this time of year when you are a small business owner and property owner in CA:

1) Mar 15: corp taxes due + first quarter est corp taxes due
2) April 10: property taxes due
3) April 15: personal taxes due + first quarter est taxes due

Let’s just say that I could pay more than one McDonald’s workers salary for a year with the checks I have to write this year.[/quote]

I got you beat. All my insurance premiums for some reason or the other are due around this time too. Why not at the beginning of the year, I have no idea.[/quote]

Yeah, business liability came due a month or so ago, home owners insurance is due and just paid my bimonthly anthem bill.[/quote]

Two sentences I have tonight.

I hate paying the IRS.
I hate paying the Franchise Tax Board…

(end vent).

[Coronita]

[quote=meadandale][quote=flu][quote=meadandale]Gotta love this time of year when you are a small business owner and property owner in CA:

1) Mar 15: corp taxes due + first quarter est corp taxes due
2) April 10: property taxes due
3) April 15: personal taxes due + first quarter est taxes due

Let’s just say that I could pay more than one McDonald’s workers salary for a year with the checks I have to write this year.[/quote]

I got you beat. All my insurance premiums for some reason or the other are due around this time too. Why not at the beginning of the year, I have no idea.[/quote]

Yeah, business liability came due a month or so ago, home owners insurance is due and just paid my bimonthly anthem bill.[/quote]

Two sentences I have tonight.

I hate paying the IRS.
I hate paying the Franchise Tax Board…

(end vent).

[UCGal]

bearishgurl –

I’ve come to the conclusion that I must be your worst nightmare.

I bought our house from my dad – so I benefit under prop 13/58. Strike 1. Unlike your neighbors, I paid full market price for the house (and have a mortgage) but I do get the tax break.

I also am not super fast about weeding the front yard, and our driveway has some cracks from an old tree- so the front of the house looks a bit “Clampet” style. It was worse when we were building the granny flat so we had a porta-potty in the driveway plus a concrete washout pit. Not to mention trenches for the water lines/back flow preventer… etc. So – since my house isn’t cosmetically wonderful from the front – that’s my second strike.

Truly – the cosmetic stuff you describe sounds like it would all be addressed if you lived in a strict HOA community. Like you, I’m in an older neighborhood. No HOA police to tell people to weed, mow the lawn, etc. A neighbor up the street – who bought the house from as stranger so has NO prop 13 benefit would also drive you nuts… the house is ill maintained and his kid fixes up old z-cars in the driveway – there are always at least 2 project cars in various states of disrepair in their driveway.

I happen to agree with CAR and the person in the link edna_mode posted – that 2nd homes/commercial property/etc should not necessarily get the benefit. I know a lot of rental properties are held in corps/llc’s… you can sell the corp/llc and have the prop rate get passed on to the new owner… that seems like a loophole that should be closed.

I’d even understand if they repealed the prop 58 thing – but keep in mind – not all folks who benefit from it got the house free and clear – I paid market rate in 2003 – which meant it was more than a half million… I have a mortgage. But it was a purchase mortgage (not pulling out equity to expand my lifestyle). But… feel free to get mad at me for not being more proactive about my weeds.

[UCGal]

bearishgurl –

I’ve come to the conclusion that I must be your worst nightmare.

I bought our house from my dad – so I benefit under prop 13/58. Strike 1. Unlike your neighbors, I paid full market price for the house (and have a mortgage) but I do get the tax break.

I also am not super fast about weeding the front yard, and our driveway has some cracks from an old tree- so the front of the house looks a bit “Clampet” style. It was worse when we were building the granny flat so we had a porta-potty in the driveway plus a concrete washout pit. Not to mention trenches for the water lines/back flow preventer… etc. So – since my house isn’t cosmetically wonderful from the front – that’s my second strike.

Truly – the cosmetic stuff you describe sounds like it would all be addressed if you lived in a strict HOA community. Like you, I’m in an older neighborhood. No HOA police to tell people to weed, mow the lawn, etc. A neighbor up the street – who bought the house from as stranger so has NO prop 13 benefit would also drive you nuts… the house is ill maintained and his kid fixes up old z-cars in the driveway – there are always at least 2 project cars in various states of disrepair in their driveway.

I happen to agree with CAR and the person in the link edna_mode posted – that 2nd homes/commercial property/etc should not necessarily get the benefit. I know a lot of rental properties are held in corps/llc’s… you can sell the corp/llc and have the prop rate get passed on to the new owner… that seems like a loophole that should be closed.

I’d even understand if they repealed the prop 58 thing – but keep in mind – not all folks who benefit from it got the house free and clear – I paid market rate in 2003 – which meant it was more than a half million… I have a mortgage. But it was a purchase mortgage (not pulling out equity to expand my lifestyle). But… feel free to get mad at me for not being more proactive about my weeds.

[UCGal]

bearishgurl –

I’ve come to the conclusion that I must be your worst nightmare.

I bought our house from my dad – so I benefit under prop 13/58. Strike 1. Unlike your neighbors, I paid full market price for the house (and have a mortgage) but I do get the tax break.

I also am not super fast about weeding the front yard, and our driveway has some cracks from an old tree- so the front of the house looks a bit “Clampet” style. It was worse when we were building the granny flat so we had a porta-potty in the driveway plus a concrete washout pit. Not to mention trenches for the water lines/back flow preventer… etc. So – since my house isn’t cosmetically wonderful from the front – that’s my second strike.

Truly – the cosmetic stuff you describe sounds like it would all be addressed if you lived in a strict HOA community. Like you, I’m in an older neighborhood. No HOA police to tell people to weed, mow the lawn, etc. A neighbor up the street – who bought the house from as stranger so has NO prop 13 benefit would also drive you nuts… the house is ill maintained and his kid fixes up old z-cars in the driveway – there are always at least 2 project cars in various states of disrepair in their driveway.

I happen to agree with CAR and the person in the link edna_mode posted – that 2nd homes/commercial property/etc should not necessarily get the benefit. I know a lot of rental properties are held in corps/llc’s… you can sell the corp/llc and have the prop rate get passed on to the new owner… that seems like a loophole that should be closed.

I’d even understand if they repealed the prop 58 thing – but keep in mind – not all folks who benefit from it got the house free and clear – I paid market rate in 2003 – which meant it was more than a half million… I have a mortgage. But it was a purchase mortgage (not pulling out equity to expand my lifestyle). But… feel free to get mad at me for not being more proactive about my weeds.

[UCGal]

bearishgurl –

I’ve come to the conclusion that I must be your worst nightmare.

I bought our house from my dad – so I benefit under prop 13/58. Strike 1. Unlike your neighbors, I paid full market price for the house (and have a mortgage) but I do get the tax break.

I also am not super fast about weeding the front yard, and our driveway has some cracks from an old tree- so the front of the house looks a bit “Clampet” style. It was worse when we were building the granny flat so we had a porta-potty in the driveway plus a concrete washout pit. Not to mention trenches for the water lines/back flow preventer… etc. So – since my house isn’t cosmetically wonderful from the front – that’s my second strike.

Truly – the cosmetic stuff you describe sounds like it would all be addressed if you lived in a strict HOA community. Like you, I’m in an older neighborhood. No HOA police to tell people to weed, mow the lawn, etc. A neighbor up the street – who bought the house from as stranger so has NO prop 13 benefit would also drive you nuts… the house is ill maintained and his kid fixes up old z-cars in the driveway – there are always at least 2 project cars in various states of disrepair in their driveway.

I happen to agree with CAR and the person in the link edna_mode posted – that 2nd homes/commercial property/etc should not necessarily get the benefit. I know a lot of rental properties are held in corps/llc’s… you can sell the corp/llc and have the prop rate get passed on to the new owner… that seems like a loophole that should be closed.

I’d even understand if they repealed the prop 58 thing – but keep in mind – not all folks who benefit from it got the house free and clear – I paid market rate in 2003 – which meant it was more than a half million… I have a mortgage. But it was a purchase mortgage (not pulling out equity to expand my lifestyle). But… feel free to get mad at me for not being more proactive about my weeds.

[Author]

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