So, I am curious if anyone knows of any groups of people who are
actively fighting to give this issue more urgency. If not, is there
anyone interested in forming such a group?
... It's a no brainer and I can't figure out why it hasn't happened yet.
|Actually, you can afford a house that has about 1/8 less value in the city for the same mortgage payment. This difference, while not the only factor in investment and home buying decisions, can clearly make the difference between a project that works financially and one that doesn't.|
I would also encourage raising the assessment cap to the extent that folks receiving the Homestead Credit might have falling or negligible yearly tax increases. Property that is fully taxed should be the primary beneficiary of any reduced tax rates.
--- On Mon, 8/16/10, Youssef Mahmoud <humana...@gmail.com> wrote:
On Mon, Aug 16, 2010 at 3:00 PM, Richard Chambers <richard...@earthlink.net> wrote:
I'm no expert on property taxes, but I do know of one sacred tax cow I'd like to see slaughtered - the exemption for churches and parsonages. Not sure if all church owned property is tax exempt (like, say, a homeless shelter owned by a church), but Baltimore is awash in these types of properties. If a property takes advantage of city services, it should pay property tax, in my opinion.
|Actually, I have a defunct church on North Avenue in my cross hairs right now. The building is assessed for well over $1,000,000 so it would have a hefty bill to pay (or not pay) if it is declared no longer exempt. The reality is that the only way the former church can hold on to a big, unused, and deteriorating building is that it's holding costs are essentially zero.|
--- On Mon, 8/16/10, Richard Chambers <richard...@earthlink.net> wrote:
Actually not, this building used to be a movie theater, roller rink, etc. Until the roof caves in, It actually has value as something other than a church.