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Financial Planning / Tax Strategies


Subject:  Re: Loss on rental house Date:  11/27/2012  5:26 PM
Author:  ptheland Number:  117004 of 127617

For instance, in my area an assessment can remain unchanged as long as the average assessment for all property in the tax district is within 15% of FMV.

Yep. And I'm in Prop-13-land, where your assessed value starts at your purchase price and can go up by no more than 2% each year.

--Peter <== currently a beneficiary of Prop 13
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