07-02-2008, 02:20 AM
quote:
Originally posted by Johnnycake
neighbors pay a quarter of what I'm paying in taxes because of there old assessment...
As the price you paid for your home is used to assess the 'market value' of the other houses around yours, then your neighbors will pay more taxes too -- until next year when there is something nearby sold for lower than you paid and then the assessment of yours and theirs all go the other way and so does the County treasure.
James Weatherford, Ph.D.
15-1888 Hialoa
Hawaiian Paradise Park