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Started By
Message
LaTonya has a new way to increase revenue
Posted on 7/30/19 at 5:37 am
Posted on 7/30/19 at 5:37 am
Massive increases to property appraisals
Legal, doesn’t require a vote, and is difficult to evade. At least she’s doing it to her constituents instead of nailing tourists.
Posted on 7/30/19 at 5:43 am to TheHarahanian
Are properties now being under assessed? This is a problem in EBR where two identical properties can have two entirely different assessments.
Even with her Homestead Exemption?
quote:
She said her assessment last year valued her property and home at $167,000, which she said was reasonable because she purchased her home at $135,000. This year's assessment, which by law has to happen at least once every four years, put her house value at $416,000.
Even with her Homestead Exemption?
This post was edited on 7/30/19 at 5:48 am
Posted on 7/30/19 at 5:48 am to Tchefuncte Tiger
Tax assessments/home appraisals are bullshite. Property is worth what a willing buyer and seller will agree to...if the city over values a home, then they should be forced to buy it at 90% of the value they assign if the owner wants that. This would ensure they are accurate and consider condition in the appraisal.
But in my experience most tax appraisals undervalue the home and most appraisals for purchase value it at whatever the buyer and seller need to make the deal work.
But in my experience most tax appraisals undervalue the home and most appraisals for purchase value it at whatever the buyer and seller need to make the deal work.
Posted on 7/30/19 at 5:54 am to TheHarahanian
I was always afraid of this living in Nola because most of the property is undervalued at the assessors office.
Posted on 7/30/19 at 7:05 am to TheHarahanian
For those who do not live in New Orleans, who is “LaTonya,”
Posted on 7/30/19 at 7:10 am to AggieHank86
quote:
For those who do not live in New Orleans, who is “LaTonya,”
Hispanic street performer. It's Spanish for "The Tonya"
Posted on 7/30/19 at 7:12 am to TheHarahanian
This bitch will make them miss the pandering white boy
Posted on 7/30/19 at 7:14 am to Dawgfanman
This sounds crazy but think about someone who bought in the marginy 10 years ago. How much do you think their property value increased?
This post was edited on 7/30/19 at 8:38 am
Posted on 7/30/19 at 7:21 am to TheHarahanian
y'all need to fight those assessments with a certified appraisal. LaTonya won't stop until you fight back
Posted on 7/30/19 at 7:21 am to SammyTiger
quote:
This sounds crazy but think about someone who bought in the margins 10 years ago. How much do you think their property value increased?
Buying property below value is not a crime. You still pay the assessed value on property taxes.
Posted on 7/30/19 at 7:30 am to TheHarahanian
The problem continues to be not only inconsistent appraisals, but preferential treatment for favored groups.
Yes, I’m talking about the actual corrupt appraisals where friends, family members, and the politically connected get preferential treatment, but it goes beyond that.
The practice seems to be that anyone who complains and provides even a modicum of a plausible objection gets at least SOME break on the appraisal.
IF you happen to fit in the “marginalized group” stereotype, your appeal is greatly enhanced.
IF you are a working person and don’t have time to wait hours (sometimes the wait can be 10 hours, or even be required to come back another day after waiting for hours) then you are SOL.
This is not happenstance, IMO. It’s by design. I know for a fact that “historically disadvantaged” groups actually discuss using their skin color as grounds for getting a break.
Yes, I’m talking about the actual corrupt appraisals where friends, family members, and the politically connected get preferential treatment, but it goes beyond that.
The practice seems to be that anyone who complains and provides even a modicum of a plausible objection gets at least SOME break on the appraisal.
IF you happen to fit in the “marginalized group” stereotype, your appeal is greatly enhanced.
IF you are a working person and don’t have time to wait hours (sometimes the wait can be 10 hours, or even be required to come back another day after waiting for hours) then you are SOL.
This is not happenstance, IMO. It’s by design. I know for a fact that “historically disadvantaged” groups actually discuss using their skin color as grounds for getting a break.
Posted on 7/30/19 at 7:34 am to TheHarahanian
When rents go up she will condemn “Greedy Landlords”!
Posted on 7/30/19 at 7:37 am to TitleistProV1X
quote:
I was always afraid of this living in Nola because most of the property is undervalued at the assessors office.
Same thing in Baton Rouge if you grease the assessor's palms or are connected, but there's no way that lady's house should be assessed at over $400k w/Louisiana's generous Homestead Exemption.
This post was edited on 7/30/19 at 7:39 am
Posted on 7/30/19 at 7:40 am to Gaspergou202
quote:
When rents go up she will condemn “Greedy Landlords”!
Sure. People in NOLA are already complaining about high rent, and this will aggravate that. Jacking up appraisals directly creates the need for artificially maintained low-income housing.
They'll also bitch about gentrification when the current occupants are priced out of their neighborhood.
Posted on 7/30/19 at 7:41 am to TheHarahanian
I've asked this in a different thread but I am confused about how Louisiana does assessments. We own property in 3 states and they all follow the same basic procedures.
The assessed value can go up to whatever the assessor believes is fair cash value. if it goes up a certain amount, the landowner should get a notice and if they dispute it, there are due process rights.
However, your taxable value can only go up 3-5% (3% if homesteaded) per year until the property is transferred. For instance, if you have owned a piece for a long time the assessed value could quadruple but you would never be paying on that amount in your lifetime.
The assessed value can go up to whatever the assessor believes is fair cash value. if it goes up a certain amount, the landowner should get a notice and if they dispute it, there are due process rights.
However, your taxable value can only go up 3-5% (3% if homesteaded) per year until the property is transferred. For instance, if you have owned a piece for a long time the assessed value could quadruple but you would never be paying on that amount in your lifetime.
Posted on 7/30/19 at 7:44 am to TheHarahanian
BR and NOLA are fricked. It’s time y’all realize it and start doing something about it. Personally, I moved, but probably not far enough away.
Posted on 7/30/19 at 7:55 am to El Segundo Guy
quote:
The assessed value can go up to whatever the assessor believes is fair cash value. if it goes up a certain amount, the landowner should get a notice and if they dispute it, there are due process rights. However, your taxable value can only go up 3-5% (3% if homesteaded) per year until the property is transferred. For instance, if you have owned a piece for a long time the assessed value could quadruple but you would never be paying on that amount in your lifetime.
Good system, but that’s not how it works here.
We should talk to our state legislators about making this a priority to get a gradual increase type system for property taxes implemented in this state - pronto!
Posted on 7/30/19 at 8:28 am to GeeOH
I am Not saying it’s a crime in saying you’re property value is going to change over a decade
Posted on 7/30/19 at 8:39 am to Dawgfanman
It's like being taxed on capital gains on stock before you ever sell your shares.
Posted on 7/30/19 at 8:51 am to El Segundo Guy
quote:
However, your taxable value can only go up 3-5% (3% if homesteaded) per year until the property is transferred. For instance, if you have owned a piece for a long time the assessed value could quadruple but you would never be paying on that amount in your lifetime
It probably works that way because the millage is set-up to collect a certain amount of revenue in a given year. When the assessments are updated, then the millages are supposed to be adjusted accordingly.
Unfortunately for LA, they are just as slow in adjusting the millages as they are in performing their allotted annual assessments. And when no one complains about the millages not being properly adjusted, they just use that surplus as they deem fit.
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