4 ms·
I wonder what his tax situation is like. Is he paying taxes on the current value? Since the plan hasn't been completed, is there even a value that can be assign
by genocidicbunny 4y ago
I wonder what his tax situation is like. Is he paying taxes on the current value? Since the plan hasn't been completed, is there even a value that can be assigned?
Seems the sort of thing where you're threading multiple loopholes and need to do it exactly right, which is probably not cheap or easy either.
- sidewndr46 4y agoI don't live in Hawaii but everywhere I've known people to do this, they just tax you based off what they can see on the lot after a certain number of years. More recently some jurisdictions seem to buy satellite imagery and use that to identify improvements like decks, pools, etc. My dad's house has been "under construction" for nearly 20 years now. They just sent him a notice about a year after he started saying the tax value was being adjusted and if he wanted to dispute that he could ask for a hearing. Same thing with my house, I've been "under construction" since late 2019. Got my new notice of property value sometime in 2020. There is no inspection process for the improvements, so I'm "under construction" until 2024. Also if I had to guess he isn't really "threading multiple loopholes". He probably just applies for a construction permit renewal every time it comes up. The place he built really isn't an eyesore, more of a nice little bungalow. I doubt he intentionally pisses off his neighbors. So the city planning and permitting folks likely just collect the fees and move on.