Skyranch in Santee

[sunny88]

The prices were ok for a while but in the current market they should come down another 10% to be competitive.

[PKMAN]

We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!!

[PKMAN]

We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!!

[PKMAN]

We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!!

[PKMAN]

We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!!

[PKMAN]

We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!!

[SDEngineer]

[quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml

[SDEngineer]

[quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml

[SDEngineer]

[quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml

[SDEngineer]

[quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml

[SDEngineer]

[quote=PKMAN]We also looked at Skyranch but never gave it a serious thought due to:

HOA was a big factor and I understand that it’s not tax-deductible. I’d rather have MR + low HOA for at least MR is tax-deductible.

Skyranch didn’t have mid-tier homes to choose. It start at sub-$400K townhouses to $600K+ houses (the least expensive Crestview homes were above $600K when I looked at them about a year ago) and nothing in between.

But the biggest gripe I had was the steep climb to the community. This would be very bad for the car, as it would worsen the gas mileage, wear out brake pad and tire tread much faster and make the engine work much harder and it normally would.

So I ended up buying in the Riverwalk community, north of the Trolley Center. Its townhouses are much nicer (and bigger for about the same price range) than Skyranch’s and it has the right mid-tier house that’s ideal for me. Low HOA and no MR!!![/quote]

Actually, although many people do wind up deducting Mello-Roos (mistakenly), they are NOT tax deductible in most cases, and if you get audited, you may be required to repay that deduction with penalties. They aren’t considered the same as your normal real estate taxes.

Here’s the FTB (Franchise Tax Board for CA) official word on Mello-Roos taxes:

http://www.ftb.ca.gov/individuals/faq/net/909.shtml

[Eugene]

[quote]and if you get audited, you may be required to repay that deduction with penalties. [/quote]

As far as I recall, your chances of getting a face-to-face audit on any given tax return are around 1.5%, lower if you don’t claim EIC. Also, even if it happens, you’re likely to be grilled about some specific item in your return, not everything.

If it does not set off automated alarms in IRS, the chances of it being detected are slim.

One day IRS will coordinate with the state franchise board and it will start getting automated reports of property taxes, with breakdown into tax deductible and non-tax deductible parts. When that happens, 100% of tax returns that deduct mello-roos will start getting responses with corrections.

[Eugene]

[quote]and if you get audited, you may be required to repay that deduction with penalties. [/quote]

As far as I recall, your chances of getting a face-to-face audit on any given tax return are around 1.5%, lower if you don’t claim EIC. Also, even if it happens, you’re likely to be grilled about some specific item in your return, not everything.

If it does not set off automated alarms in IRS, the chances of it being detected are slim.

One day IRS will coordinate with the state franchise board and it will start getting automated reports of property taxes, with breakdown into tax deductible and non-tax deductible parts. When that happens, 100% of tax returns that deduct mello-roos will start getting responses with corrections.

[Eugene]

[quote]and if you get audited, you may be required to repay that deduction with penalties. [/quote]

As far as I recall, your chances of getting a face-to-face audit on any given tax return are around 1.5%, lower if you don’t claim EIC. Also, even if it happens, you’re likely to be grilled about some specific item in your return, not everything.

If it does not set off automated alarms in IRS, the chances of it being detected are slim.

One day IRS will coordinate with the state franchise board and it will start getting automated reports of property taxes, with breakdown into tax deductible and non-tax deductible parts. When that happens, 100% of tax returns that deduct mello-roos will start getting responses with corrections.

[Eugene]

[quote]and if you get audited, you may be required to repay that deduction with penalties. [/quote]

As far as I recall, your chances of getting a face-to-face audit on any given tax return are around 1.5%, lower if you don’t claim EIC. Also, even if it happens, you’re likely to be grilled about some specific item in your return, not everything.

If it does not set off automated alarms in IRS, the chances of it being detected are slim.

One day IRS will coordinate with the state franchise board and it will start getting automated reports of property taxes, with breakdown into tax deductible and non-tax deductible parts. When that happens, 100% of tax returns that deduct mello-roos will start getting responses with corrections.

[Author]

Posts