Quote:
Originally Posted by Hawkwind
BobKat1
For property tax purposes the county can care less what you pay for the home as they base their assessment on the value compared to other homes in the area. The same is true for purchasing a home fully furnished / turn key. The selling price of the new home does not have the furnishings line itemed out in the selling price. Recently I looked at two fully furnished new homes that were models and shown by Property management of TV. The quoted selling price was the price including the furnishing and Property Management will not reduce that value to reflect the furnishings. I went to the property tax office and talked with the gal there and she stated that the county only looks at the home and property and not the furnishings in it's assessments.
|
This is good info. I have had this wrong I guess. For some reason I had it in my head that the sale price mattered, but what you say make perfect sense.