Necrometer wrote: ↑Wed Jul 31, 2019 8:52 pm
I would authorize a nuclear strike on the border detention centers if I thought it meant I had even a 1% chance of getting a sniff of tulsi's feet
She’s obviously attractive but there’s something seriously off about her. Wasn’t she in some fucked up cult or something? Her eyes seem to have coo-coo in them.
Your white liberal racism is showing. That "cult" you are referring to is called Hinduism, the religion of my ancient forebears
Toilet Fleet wrote: ↑Thu Mar 28, 2024 8:58 pm
New York City real estate property taxation is not a straightforward thing (legally distinct and more complicated than the rest of the state, because fuck you, stop being poor). Property assessments do not fully comport with market prices because they don't by law. The property is valued based on presumed market rate of income that can be expected of market comparables. The assessment is 45% of that income-based market value--but that increase is realized through five consecutive 20% phase-ins per year. Yes, that means each new assessment year implements a new 20% phase-in on top of existing phase-ins, so there are potentially five phase-ins coming into effect in a given year. Finance people are masochists and do not deserve our respect.
Big caveat: a given fiscal year's new assessment cannot be higher than the aggregate of prior years' transitional assessments. So even if a property would normally have a big fuckin assessment increase year-over-year, that's effectively on pause until all prior transitional assessments either eclipse the new fiscal year assessment or have completely resolved. It's like the faggiest version of the stack in Magic: the gathering of the juggalos of the juggalos.
Second issue that pops up particularly in lower Manhattan, units with less than 10 units get an even more beneficial restriction on assessment increases: no more than 8% year-over-year or 30% over five years, and those increases are still subject to the same phase-ins and other pricing restrictions. So even as the NYC housing market is shit hot, units in smaller buildings get a huge benefit in determining assessed value
(REAL ESTATE PRACTICE POINT: those assessment restrictions are a huge factor in the market value of these homes! A unit in a 6-unit building will potentially have a substantially lower year-over-year tax hit than the same quality, size, etc., of unit in an 11-unit building The tax arbitrage would not be insubstantial, and would keep potential future returns higher and easier to market to future buyers.)
I could be way off, but isn't Stewie's transactional situation unique since the property value had to do with his celebrity status also?
Like, while he owned it say it was only worth what it was on paper when be bought it, multiplied by the tax percentage of the market value at each time of the assessment. But then he puts it on the market for millions more than if no name joe shmoe would at the regular price, just because the biggest selling point is one of the most notable comedians on earth lived here for almost two decades and rich people will get celebrity-moist. Then people criticize him for cheating taxes because taxes on the regular price of say 13 million are a lot less than on 18 mill, and the price at the price of sale should have been the running tax rate all along?
Re: TRUMP FIRED! TRUMP FIRED! TRUMP FIRED!
Posted: Wed Apr 17, 2024 8:58 pm
by smooth
I'm not a TRUMP fan because he was pro-Vaxx (Warpspeed)
but
Re: TRUMP FIRED! TRUMP FIRED! TRUMP FIRED!
Posted: Thu Apr 18, 2024 5:46 pm
by cxwx
Re: TRUMP FIRED! TRUMP FIRED! TRUMP FIRED!
Posted: Thu Apr 18, 2024 11:02 pm
by kevin hash
He admits he's a Lee Greenwood fan. Total pole smoker.
