TITLE

CALIFORNIA: Collecting From Condos

AUTHOR(S)
Williams, Rochelle
PUB. DATE
November 2001
SOURCE
Bond Buyer;11/30/2001, Vol. 338 Issue 31275, p50
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that officials in San Francisco, California will receive nearly $20 million in unpaid property taxes by condominium owners who escaped billing at the time of purchase. Comments of city Treasurer Susan Leal regarding property taxes during the first year of ownership of condominiums; Approximate number of condominium owners who are missing from tax rolls.
ACCESSION #
7580231

 

Related Articles

  • The Real Estate Condominium: Its Tax Problems and Implications. Clark, Louis M. // Appraisal Journal;Oct67, Vol. 35 Issue 4, p475 

    Condominium Development, Inc., is a corporation to be formed which will be owned equally by an investor and a real estate developer. Each will pay $5,000 to the corporation for stock (a total of $10,000) and the investor will loan the corporation $100,000 payable upon demand with interest. Both...

  • Florida.  // Assessment Journal;May/Jun99, Vol. 6 Issue 3, p51 

    Provides information on the taxation procedure for the property owned by a condominium association that is used for a commercial purpose in Florida.

  • City floats tax hike for Loop. Gallun, Alby; Hinz, Greg // Crain's Chicago Business;8/29/2005, Vol. 28 Issue 35, p1 

    The article reports that Chicago, Illinois' city planners want to impose a new tax on downtown properties to help cover costs at Millennium Park and other amenities in the Loop area of the city. The proposed levy already has downtown building owners riled up. The tax would apply to both...

  • Condos win, city loses. Strahler, Steven R. // Crain's Chicago Business;4/11/2005, Vol. 28 Issue 15, p1 

    The article presents information on a program that freezes property taxes for owners of landmark buildings and has mushroomed into a huge marketing tool for luxury condominiums sellers, costing Chicago, Illinois tens of millions in tax dollars. In exchange for rehabbing landmark buildings,...

  • City piles up huge trash debt to condos. Singh, Shruti Daté // Crain's Chicago Business;10/4/2004, Vol. 27 Issue 40, p3 

    The article reports that Chicago has millions of dollars in arrears on property tax rebates owed to condominium owners who arrange for private-sector trash collection. The debt appears to be growing, as rebates annually trail the amount owed, illustrating how good intentions and not-so-good...

  • COMMITTEE ON REAL ESTATE TAX PROBLEMS.  // Tax Lawyer;Summer79, Vol. 32 Issue 4, p1322 

    Focuses on the legislative changes in the Committee on Real Estate Tax Problems in the United States. Effects of the legislative changes on the taxation of real estate; Conformity of the definition of condominium management association with the residential real estate management association;...

  • Clevelanders faced with taxing way of life. Tucker, Brian // Crain's Cleveland Business;11/27/2006, Vol. 27 Issue 48, p8 

    The article discusses the living costs in Cleveland, Ohio, by taking example of Steve North, a 49-year-old sales manager who used to live here but now can't afford to return to the city. North did his own analysis of what his living costs, based on a $200,000 annual income, would be if he came...

  • HBAM Defeats Effort to Tax Phased Development Rights. FIERRO III, BENJAMIN // Massbuilder;2010 3rd Quarter, p11 

    The article discusses the effort of the government of Massachusetts to adopt tax measures on condominium buildings. The Home Builders Association of Massachusetts (HBAM) has defeated such effort by the administration of Patrick Murray. An Act Strengthening the Commonwealth's Partnership with its...

  • Identifying Determinants of Horizontal Property Tax Inequity: Evidence from Florida. Allen, Marcus T.; Dare, William H. // Journal of Real Estate Research;Sep/Oct2002, Vol. 24 Issue 2, p153 

    In the property tax literature, an ad valorem property tax is considered equitable if all properties in the taxing jurisdiction are subject to the same effective tax rate. That is, all properties, regardless of value or type. should be taxed at the same percentage of their market value. Because...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics