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Old 04-29-2018, 08:59 AM
 
242 posts, read 205,187 times
Reputation: 85

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Quote:
Originally Posted by manekeniko View Post
Two little kids don't need 1,700 sq. ft. of living space, and shouldn't grow up expecting this as "proper." Unless of course, you are raising heirs to the House of Windsor.

People used to manage okay on one salary because they demanded less. I knew a family with two parents who raised five kids in a 3 bedroom Cape with one bathroom. This isn't ideal, but nobody suffered horribly over it.

I think a move to Scottsdale would better suit your space expectations. Also, life is much, MUCH better without the LI taxman endlessly cracking the whip for more thousands. Daydream about the other things you can do with the money.
Wife, two kids, one parent, one office, a place to have a hobby.

And yes, agreement with the latter. We are going to probably rent something short term in Scottsdale to see how we like it. We're an outdoors family. The best we can do here on the island is Cold Spring Harbor. And that's not something I can get excited about.
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Old 04-29-2018, 09:03 AM
 
938 posts, read 489,660 times
Reputation: 1122
Quote:
Originally Posted by TravelChange2012 View Post
Little sarcasm! Don't mean anything by it. We are in agreement. It's tough to swallow. It's complicated. I like the house I'm in, where it's situated. Don't want to sell and buy.

And yeah, I know about the tax hit because 3 years ago I sat down to sign a contract to buy a house in Levittown, those 3 new houses they constructed on private land, which has no public garbage pickup or snow removal. The builder tried telling me the taxes would be $15,000/yr. Town told me $30,000. Thank god I didn't sign the contract until after I found out. That's the only reason I'm so aware of the corrupt property tax issues.
I totally hear ya. Last two projects I did were all interior and fairly minor just to keep the code gestapo away.
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Old 04-29-2018, 10:13 AM
 
Location: Where my bills arrive
7,171 posts, read 8,762,828 times
Reputation: 6948
What about a smaller addition, 1700sqft seems a bit much for your purpose, its like adding another house for 2 kids.....

Last edited by VA Yankee; 04-29-2018 at 10:44 AM..
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Old 04-29-2018, 10:47 AM
 
242 posts, read 205,187 times
Reputation: 85
Quote:
Originally Posted by VA Yankee View Post
What about a smaller addition, 1700sqft seems a bit much for your purpose, its like adding another house for 2 kids.....
It's a good idea. But the 2 kids is really me, the wife, the 2 kids, one parent, an office and a hobby room. I could try doing something 49% instead of the 50% that triggers new construction taxes - I worry that they're going to get me for big taxes no matter what - so rather then build something 50% of what I want and pay 80% more in taxes, I should build 100% and pay 100% more in taxes.
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Old 04-30-2018, 12:11 PM
 
Location: Long Island
9,038 posts, read 18,360,983 times
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Quote:
Originally Posted by TravelChange2012 View Post
It's a good idea. But the 2 kids is really me, the wife, the 2 kids, one parent, an office and a hobby room. I could try doing something 49% instead of the 50% that triggers new construction taxes - I worry that they're going to get me for big taxes no matter what - so rather then build something 50% of what I want and pay 80% more in taxes, I should build 100% and pay 100% more in taxes.
The 49% also lets you step up your increase gradually over several years.
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Old 04-30-2018, 12:13 PM
 
242 posts, read 205,187 times
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Quote:
Originally Posted by Elke Mariotti View Post
The 49% also lets you step up your increase gradually over several years.
I'm waiting for a call back from the assessment office. I was advised by someone that they no longer "tax you as new construction" based on that 49%/51% theory. They tax you based on the value of the addition or something.

When I hear from them, I will post in this thread. Might be irrelevant (trying to only build 49%).
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Old 04-30-2018, 12:18 PM
 
Location: In the heights
20,115 posts, read 21,737,714 times
Reputation: 10216
Buy a RV.
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