Property Taxes in NY
am 22.07.2005 05:03:34 von wipeout64Does anyone know how much property taxes will increase if I were to put
vinyl siding on the house as opposed to painting?
Thanks
Does anyone know how much property taxes will increase if I were to put
vinyl siding on the house as opposed to painting?
Thanks
wrote:
> Does anyone know how much property taxes will increase if I were to put
> vinyl siding on the house as opposed to painting?
>
> Thanks
Reply:
It is very doubtful that you will change the value of the house by
merely adding new siding instead of painting. You will have saved on
the cost of fuel and repainting and this alone should justify the
siding investment, anyway. When you sell your home the investment will
be considered negligible in comparison with the rise of value due to
inflation and home stortages anyway.
If you want to know how to defer capital gains taxes when you do sell
or exchange, visit our website: www.usefulpublishing.info
Good Luck,
Windi Briargate, Publisher
PS: You could also call your local tax assessor for information; do not
mention the address.
Thanks for your help
folklife wrote:
> wrote:
> > Does anyone know how much property taxes will increase if I were to put
> > vinyl siding on the house as opposed to painting?
> >
> > Thanks
> Reply:
> It is very doubtful that you will change the value of the house by
> merely adding new siding instead of painting. You will have saved on
> the cost of fuel and repainting and this alone should justify the
> siding investment, anyway. When you sell your home the investment will
> be considered negligible in comparison with the rise of value due to
> inflation and home stortages anyway.
> If you want to know how to defer capital gains taxes when you do sell
> or exchange, visit our website: www.usefulpublishing.info
>
> Good Luck,
> Windi Briargate, Publisher
> PS: You could also call your local tax assessor for information; do not
> mention the address.