[ocrenter]

really should take a look at Skyranch in Santee, one of them just closed in the low 700k, right within the price range. plus there’s always that 10 minute drive down the 52…

[ocrenter]

really should take a look at Skyranch in Santee, one of them just closed in the low 700k, right within the price range. plus there’s always that 10 minute drive down the 52…

[ocrenter]

[quote=temeculaguy]The irs wont bother with it, they really could care less because the dollar amount isn’t worth the labor costs. If someone has 1k a year of mello roos and 80% of it is deductable, yet they deduct the whole thing, then they deducted 200 that they shouldn’t have. It was not malicious, their bill would be a whole $50 to the irs, yet it cost the irs a grand in labor to deal with it, just not worth it. Same goes for your vehicle registration, you are supposed to subtract the non value based portion and deduct only the remainder, most people just deduct the dollar amount they see on their vehicle registration card in their glove box and the irs doesn’t really care.

Plus there are more people inflating their charity deduction than the mello roos folks.

They will likely just change the tax code to allow mello roos as a deduction, since it basically is treated that way now. They already changed the code to allow the deduction of PMI.

Mello roos sucks, but if you are a buyer of resale property, you can factor the payment, then figure the dollar cost and reduce your offer by that amount. If you have to pay the same amount for a mello roos house vs a non mello roos house, the go with the non, but if there is a discount because of it, if that discount makes the two houses cost the same as far as the monthly payment, then live where you want to live.[/quote]

well put!

[ocrenter]

[quote=temeculaguy]The irs wont bother with it, they really could care less because the dollar amount isn’t worth the labor costs. If someone has 1k a year of mello roos and 80% of it is deductable, yet they deduct the whole thing, then they deducted 200 that they shouldn’t have. It was not malicious, their bill would be a whole $50 to the irs, yet it cost the irs a grand in labor to deal with it, just not worth it. Same goes for your vehicle registration, you are supposed to subtract the non value based portion and deduct only the remainder, most people just deduct the dollar amount they see on their vehicle registration card in their glove box and the irs doesn’t really care.

Plus there are more people inflating their charity deduction than the mello roos folks.

They will likely just change the tax code to allow mello roos as a deduction, since it basically is treated that way now. They already changed the code to allow the deduction of PMI.

Mello roos sucks, but if you are a buyer of resale property, you can factor the payment, then figure the dollar cost and reduce your offer by that amount. If you have to pay the same amount for a mello roos house vs a non mello roos house, the go with the non, but if there is a discount because of it, if that discount makes the two houses cost the same as far as the monthly payment, then live where you want to live.[/quote]

well put!

[ocrenter]

[quote=temeculaguy]The irs wont bother with it, they really could care less because the dollar amount isn’t worth the labor costs. If someone has 1k a year of mello roos and 80% of it is deductable, yet they deduct the whole thing, then they deducted 200 that they shouldn’t have. It was not malicious, their bill would be a whole $50 to the irs, yet it cost the irs a grand in labor to deal with it, just not worth it. Same goes for your vehicle registration, you are supposed to subtract the non value based portion and deduct only the remainder, most people just deduct the dollar amount they see on their vehicle registration card in their glove box and the irs doesn’t really care.

Plus there are more people inflating their charity deduction than the mello roos folks.

They will likely just change the tax code to allow mello roos as a deduction, since it basically is treated that way now. They already changed the code to allow the deduction of PMI.

Mello roos sucks, but if you are a buyer of resale property, you can factor the payment, then figure the dollar cost and reduce your offer by that amount. If you have to pay the same amount for a mello roos house vs a non mello roos house, the go with the non, but if there is a discount because of it, if that discount makes the two houses cost the same as far as the monthly payment, then live where you want to live.[/quote]

well put!

[ocrenter]

[quote=temeculaguy]The irs wont bother with it, they really could care less because the dollar amount isn’t worth the labor costs. If someone has 1k a year of mello roos and 80% of it is deductable, yet they deduct the whole thing, then they deducted 200 that they shouldn’t have. It was not malicious, their bill would be a whole $50 to the irs, yet it cost the irs a grand in labor to deal with it, just not worth it. Same goes for your vehicle registration, you are supposed to subtract the non value based portion and deduct only the remainder, most people just deduct the dollar amount they see on their vehicle registration card in their glove box and the irs doesn’t really care.

Plus there are more people inflating their charity deduction than the mello roos folks.

They will likely just change the tax code to allow mello roos as a deduction, since it basically is treated that way now. They already changed the code to allow the deduction of PMI.

Mello roos sucks, but if you are a buyer of resale property, you can factor the payment, then figure the dollar cost and reduce your offer by that amount. If you have to pay the same amount for a mello roos house vs a non mello roos house, the go with the non, but if there is a discount because of it, if that discount makes the two houses cost the same as far as the monthly payment, then live where you want to live.[/quote]

well put!

[ocrenter]

[quote=temeculaguy]The irs wont bother with it, they really could care less because the dollar amount isn’t worth the labor costs. If someone has 1k a year of mello roos and 80% of it is deductable, yet they deduct the whole thing, then they deducted 200 that they shouldn’t have. It was not malicious, their bill would be a whole $50 to the irs, yet it cost the irs a grand in labor to deal with it, just not worth it. Same goes for your vehicle registration, you are supposed to subtract the non value based portion and deduct only the remainder, most people just deduct the dollar amount they see on their vehicle registration card in their glove box and the irs doesn’t really care.

Plus there are more people inflating their charity deduction than the mello roos folks.

They will likely just change the tax code to allow mello roos as a deduction, since it basically is treated that way now. They already changed the code to allow the deduction of PMI.

Mello roos sucks, but if you are a buyer of resale property, you can factor the payment, then figure the dollar cost and reduce your offer by that amount. If you have to pay the same amount for a mello roos house vs a non mello roos house, the go with the non, but if there is a discount because of it, if that discount makes the two houses cost the same as far as the monthly payment, then live where you want to live.[/quote]

well put!

[ocrenter]

[quote=kkun] Though I was not totally convinced about the health risk (because I believe there are other stuffs like bad food and lifestyle actually poses higher risk), at the end of the day it’s not worth to put my family out to the risk.

Thank you for your opinion. Good that I found Piggington before bidding for the home. Hopefully will find a good home soon..[/quote]

the risk is minimal. but why risk it especially when you are paying good money for your house. you’ll have plenty of opportunities finding your house minus the 200 foot tall metal tower neighbors. best of luck!

[ocrenter]

[quote=kkun] Though I was not totally convinced about the health risk (because I believe there are other stuffs like bad food and lifestyle actually poses higher risk), at the end of the day it’s not worth to put my family out to the risk.

Thank you for your opinion. Good that I found Piggington before bidding for the home. Hopefully will find a good home soon..[/quote]

the risk is minimal. but why risk it especially when you are paying good money for your house. you’ll have plenty of opportunities finding your house minus the 200 foot tall metal tower neighbors. best of luck!

[ocrenter]

[quote=kkun] Though I was not totally convinced about the health risk (because I believe there are other stuffs like bad food and lifestyle actually poses higher risk), at the end of the day it’s not worth to put my family out to the risk.

Thank you for your opinion. Good that I found Piggington before bidding for the home. Hopefully will find a good home soon..[/quote]

the risk is minimal. but why risk it especially when you are paying good money for your house. you’ll have plenty of opportunities finding your house minus the 200 foot tall metal tower neighbors. best of luck!

[ocrenter]

[quote=kkun] Though I was not totally convinced about the health risk (because I believe there are other stuffs like bad food and lifestyle actually poses higher risk), at the end of the day it’s not worth to put my family out to the risk.

Thank you for your opinion. Good that I found Piggington before bidding for the home. Hopefully will find a good home soon..[/quote]

the risk is minimal. but why risk it especially when you are paying good money for your house. you’ll have plenty of opportunities finding your house minus the 200 foot tall metal tower neighbors. best of luck!

[ocrenter]

[quote=kkun] Though I was not totally convinced about the health risk (because I believe there are other stuffs like bad food and lifestyle actually poses higher risk), at the end of the day it’s not worth to put my family out to the risk.

Thank you for your opinion. Good that I found Piggington before bidding for the home. Hopefully will find a good home soon..[/quote]

the risk is minimal. but why risk it especially when you are paying good money for your house. you’ll have plenty of opportunities finding your house minus the 200 foot tall metal tower neighbors. best of luck!

[ocrenter]

[quote=kkun]Looking at the brochure at Toll Brothers sales office I thought they are including more stuffs than Serenity (w/o the upgrade fund). Toll Brother lists following as standard:

– 7″ crown moulding
– 4″ baseboards
– Stainless steel appliances
– Granaite countertop with full backsplash behind cooktop
– 12″ X 12″ ceramic tile flooring in kitchen and other areas

Is Toll Brother worse than Serenity and other builders in terms of what they include as “standard”?[/quote]

wow, that’s very nice. They actually include crown molding? That’s a new one. 4″ baseboards, very nice.

I don’t think any builders have ever offered crown molding as a standard feature before. Both of these definitely not at Montoro. As for the baseboards at Serenity, I’m not sure.

ask about the rain gutters, that’s very important. Montoro again skipped on that. but it is quite an important feature that a lot of builders now include as standard.

sounds like Tolls is not as barebones as we thought.

[ocrenter]

[quote=kkun]Looking at the brochure at Toll Brothers sales office I thought they are including more stuffs than Serenity (w/o the upgrade fund). Toll Brother lists following as standard:

– 7″ crown moulding
– 4″ baseboards
– Stainless steel appliances
– Granaite countertop with full backsplash behind cooktop
– 12″ X 12″ ceramic tile flooring in kitchen and other areas

Is Toll Brother worse than Serenity and other builders in terms of what they include as “standard”?[/quote]

wow, that’s very nice. They actually include crown molding? That’s a new one. 4″ baseboards, very nice.

I don’t think any builders have ever offered crown molding as a standard feature before. Both of these definitely not at Montoro. As for the baseboards at Serenity, I’m not sure.

ask about the rain gutters, that’s very important. Montoro again skipped on that. but it is quite an important feature that a lot of builders now include as standard.

sounds like Tolls is not as barebones as we thought.

[ocrenter]

[quote=kkun]Looking at the brochure at Toll Brothers sales office I thought they are including more stuffs than Serenity (w/o the upgrade fund). Toll Brother lists following as standard:

– 7″ crown moulding
– 4″ baseboards
– Stainless steel appliances
– Granaite countertop with full backsplash behind cooktop
– 12″ X 12″ ceramic tile flooring in kitchen and other areas

Is Toll Brother worse than Serenity and other builders in terms of what they include as “standard”?[/quote]

wow, that’s very nice. They actually include crown molding? That’s a new one. 4″ baseboards, very nice.

I don’t think any builders have ever offered crown molding as a standard feature before. Both of these definitely not at Montoro. As for the baseboards at Serenity, I’m not sure.

ask about the rain gutters, that’s very important. Montoro again skipped on that. but it is quite an important feature that a lot of builders now include as standard.

sounds like Tolls is not as barebones as we thought.

[Author]

Posts