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ocrenter
ParticipantAnyone know how to look up an address via the parcel number ?
go to zillow, if you click on “home info” it’ll have the parcel number for the address you are looking for.
ocrenter
Participantlet’s not go around assuming this is not owner occupied. I really didn’t want this to turn into a “fraud” thing.
so let’s just say this is owner occupied and he forgot the property tax was due.
one key thing is once you miss the due date, whether you pay now or whether you pay in April, you still have to pay the fine.
so I think waiting for April to see if that installment is paid or not is going to be more telling.
ocrenter
Participantlet’s not go around assuming this is not owner occupied. I really didn’t want this to turn into a “fraud” thing.
so let’s just say this is owner occupied and he forgot the property tax was due.
one key thing is once you miss the due date, whether you pay now or whether you pay in April, you still have to pay the fine.
so I think waiting for April to see if that installment is paid or not is going to be more telling.
ocrenter
Participantlet’s not go around assuming this is not owner occupied. I really didn’t want this to turn into a “fraud” thing.
so let’s just say this is owner occupied and he forgot the property tax was due.
one key thing is once you miss the due date, whether you pay now or whether you pay in April, you still have to pay the fine.
so I think waiting for April to see if that installment is paid or not is going to be more telling.
ocrenter
Participantlet’s not go around assuming this is not owner occupied. I really didn’t want this to turn into a “fraud” thing.
so let’s just say this is owner occupied and he forgot the property tax was due.
one key thing is once you miss the due date, whether you pay now or whether you pay in April, you still have to pay the fine.
so I think waiting for April to see if that installment is paid or not is going to be more telling.
ocrenter
Participantlet’s not go around assuming this is not owner occupied. I really didn’t want this to turn into a “fraud” thing.
so let’s just say this is owner occupied and he forgot the property tax was due.
one key thing is once you miss the due date, whether you pay now or whether you pay in April, you still have to pay the fine.
so I think waiting for April to see if that installment is paid or not is going to be more telling.
ocrenter
Participantby not paying the $2260 property tax, the said owners of the property incurs a penalty of $226, or 10% of the owed amount.
now maybe the said owners have the $2260 invested somewhere, but unless he is getting more than 10% on that investment, it doesn’t make sense not to pay the $2260.
as for the waiting for a tenant argument, if a property’s vacancy over a couple of months is going to result in you not having the ability to pay $2260 in property tax, you are by definition way overstretched.
and as sdr pointed out, there’s a HELOC of $60k, where did that go?
all of this goes to the key issue: why is this still THE GO TO GUY when it comes to financial advise here in San Diego?
ocrenter
Participantby not paying the $2260 property tax, the said owners of the property incurs a penalty of $226, or 10% of the owed amount.
now maybe the said owners have the $2260 invested somewhere, but unless he is getting more than 10% on that investment, it doesn’t make sense not to pay the $2260.
as for the waiting for a tenant argument, if a property’s vacancy over a couple of months is going to result in you not having the ability to pay $2260 in property tax, you are by definition way overstretched.
and as sdr pointed out, there’s a HELOC of $60k, where did that go?
all of this goes to the key issue: why is this still THE GO TO GUY when it comes to financial advise here in San Diego?
ocrenter
Participantby not paying the $2260 property tax, the said owners of the property incurs a penalty of $226, or 10% of the owed amount.
now maybe the said owners have the $2260 invested somewhere, but unless he is getting more than 10% on that investment, it doesn’t make sense not to pay the $2260.
as for the waiting for a tenant argument, if a property’s vacancy over a couple of months is going to result in you not having the ability to pay $2260 in property tax, you are by definition way overstretched.
and as sdr pointed out, there’s a HELOC of $60k, where did that go?
all of this goes to the key issue: why is this still THE GO TO GUY when it comes to financial advise here in San Diego?
ocrenter
Participantby not paying the $2260 property tax, the said owners of the property incurs a penalty of $226, or 10% of the owed amount.
now maybe the said owners have the $2260 invested somewhere, but unless he is getting more than 10% on that investment, it doesn’t make sense not to pay the $2260.
as for the waiting for a tenant argument, if a property’s vacancy over a couple of months is going to result in you not having the ability to pay $2260 in property tax, you are by definition way overstretched.
and as sdr pointed out, there’s a HELOC of $60k, where did that go?
all of this goes to the key issue: why is this still THE GO TO GUY when it comes to financial advise here in San Diego?
ocrenter
Participantby not paying the $2260 property tax, the said owners of the property incurs a penalty of $226, or 10% of the owed amount.
now maybe the said owners have the $2260 invested somewhere, but unless he is getting more than 10% on that investment, it doesn’t make sense not to pay the $2260.
as for the waiting for a tenant argument, if a property’s vacancy over a couple of months is going to result in you not having the ability to pay $2260 in property tax, you are by definition way overstretched.
and as sdr pointed out, there’s a HELOC of $60k, where did that go?
all of this goes to the key issue: why is this still THE GO TO GUY when it comes to financial advise here in San Diego?
ocrenter
ParticipantFirst: I echo the sentiment of many here that encourage your wife to continue to stay home and raise your kids right.
Second: After taxes, unless your wife pulls in well over 6 figures, it simply isn’t worth it financially for her to work.
So there’s the monetary as well as family reason for her not to work.
Now since you guys home school, let me propose this option: Sell your Carlsbad home at $1.1 million (yes it is worth $1.2, but in this market you need to price it low for it to get noticed.)
Go to SEH and pick up something nice and big say 3,500 for $5-600,000 cash.
you get a nice neighborhood to enjoy, and since your kids are home schooled, you don’t worry about the prospect of San Marcos High.
ocrenter
ParticipantFirst: I echo the sentiment of many here that encourage your wife to continue to stay home and raise your kids right.
Second: After taxes, unless your wife pulls in well over 6 figures, it simply isn’t worth it financially for her to work.
So there’s the monetary as well as family reason for her not to work.
Now since you guys home school, let me propose this option: Sell your Carlsbad home at $1.1 million (yes it is worth $1.2, but in this market you need to price it low for it to get noticed.)
Go to SEH and pick up something nice and big say 3,500 for $5-600,000 cash.
you get a nice neighborhood to enjoy, and since your kids are home schooled, you don’t worry about the prospect of San Marcos High.
ocrenter
ParticipantFirst: I echo the sentiment of many here that encourage your wife to continue to stay home and raise your kids right.
Second: After taxes, unless your wife pulls in well over 6 figures, it simply isn’t worth it financially for her to work.
So there’s the monetary as well as family reason for her not to work.
Now since you guys home school, let me propose this option: Sell your Carlsbad home at $1.1 million (yes it is worth $1.2, but in this market you need to price it low for it to get noticed.)
Go to SEH and pick up something nice and big say 3,500 for $5-600,000 cash.
you get a nice neighborhood to enjoy, and since your kids are home schooled, you don’t worry about the prospect of San Marcos High.
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