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Lance in Buena Vista, CO0.002

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Try one of our new Construction Bargain Strategies for free. Coupon code: CBS. One strategy could save you $1,000 or $10,000 or maybe $50,000 when you build or remodel.


    3-31. Save property tax by scheduling occupancy. - Electronic Edition

    3-31. Save property tax by scheduling occupancy. - Electronic Edition
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     In our county, tax assessments on homes under construction are made each January. An appraiser drove by our site the year we built the Riverbottoms house and determined that it was 50% complete as of that day. For the year, we were required to pay property taxes on a 50% basis of completed appraisal, whether we occupied or not. We went in to appeal the assessment that year and convinced them that the house was only 30% done in January, reducing our property taxes substantially for the year. Reader Reza Z. of Inverness, Florida saved similarly by not completing and occupying her new house until after the scheduled assessment, because local rules declared the land an empty lot for the year unless occupied:

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