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Taxes not paid by previous owner

Mel

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I guess you missed the point. You can't tax the property as a whole. Not without invalidating a a citizen's initiative.

Before Prop 13 that's the way it was done. Prop 13 eliminated that as a possibility because one of the off shoots of Prop 13 is that property tax bills be paid by individual owners. There is no legal mechanism to tax a property as a whole.
They cannot tax the property as a whole, but it still might be possible to have the HOA act as an agent of the individual owner, and have them pay the taxes that way.

Our Orlando properties both pay the taxes, and then include them as a separate line item (actually due a month later) on our maintenance bill.

Depending on how tax leins work in CA, I suppose the separate bill to the owner could be an advantage to the HOA - if an owner isn't paying maintenance fees, they're probably also not paying the taxes, and could perhaps take posession through a tax sale, rather than foreclosure, which could end up costing more. Again, it depends on how tax sales work, and if they provide a deed free and clear, or just a lein.
 

pacodemountainside

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Property taxes are itemized on virtually any mf bill I've ever seen --- and easily deductible from there. Accordingly, I can see no benefit at all to a separately issued property tax bill. :shrug:

Wyndham includes taxes component of MF in budgeted assessement bill it sends out at year end. However, this is estimated for 2012. To get tax deductible amount for 2011 you must call resort.
 

T_R_Oglodyte

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I guess you missed the point. You can't tax the property as a whole. Not without invalidating a a citizen's initiative.

Before Prop 13 that's the way it was done. Prop 13 eliminated that as a possibility because one of the off shoots of Prop 13 is that property tax bills be paid by individual owners. There is no legal mechanism to tax a property as a whole.

They cannot tax the property as a whole, but it still might be possible to have the HOA act as an agent of the individual owner, and have them pay the taxes that way.

Mel -

Do you really want to pay fees to your HOA to have them receive all of those bills from the county, hook up each bill with each specific owner, then send that owner a customized statement that has their particular assessment on their bill? That seems like a lot of unnecessary expense.
 

UWSurfer

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I've paid unpaid taxes on two timeshares, & unpaid maintenance fee's on another which I purchased resale. I ended up covering the recording fee's to Clark County, NV after the closing company laid a rubber check on them. Except for MF's, the others were under $100 and I simply figured I saved enough purchasing resale that the additional money is more than covered.

The CA one has decreased in value enough that the tax assessor doesn't even bother billing for it as they figured out it costs more to bill and collect that it generates in tax revenue. Sort of a pleasant surprise a couple of years ago with that unit.

It seems like it comes with the (resale) territory, at least in my experience. I will note the exception to that has been with Seth Nock. Both purchases through him closed without incident.
 
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