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Old 12-18-2013, 11:24 AM
 
249 posts, read 402,778 times
Reputation: 235

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Quote:
Originally Posted by lvoc View Post
What zip? I doubt your house actually went down. Something wrong with the county model in the area I would guess.
89139

Taxable Value

was 422,083

now 402,468

Assessed Value

Land

was 15,750

now 26,950

Buildings Etc

was 131,979

now 113,914

Total Assessed Value

was 147,729

now 140,864

So land is way up and house is way down?
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Old 12-18-2013, 11:45 AM
 
171 posts, read 219,015 times
Reputation: 106
Quote:
Originally Posted by skugelstadt View Post
That is my understanding too.
I own a few rentals and I am sure you may get 3% cap for your rentals if the rents are under the fair market value.
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Old 12-24-2013, 12:01 PM
 
Location: Las Vegas nv
1,051 posts, read 1,486,047 times
Reputation: 375
My total assessment up 12% in 89117.
Grated I for the 3% cap.
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Old 12-25-2013, 07:58 PM
 
743 posts, read 968,579 times
Reputation: 531
My condos were assessed for about 35% lower than what they've been selling for...not that I'm complaining.
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Old 12-26-2013, 06:26 AM
 
245 posts, read 503,625 times
Reputation: 125
Quote:
Originally Posted by TomKBL View Post
I own a few rentals and I am sure you may get 3% cap for your rentals if the rents are under the fair market value.
Who decides what the Fair Market Value for a rental should be?
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