Don't know where it should go? Stick it here! Part V

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Message 1900810 - Posted: 13 Nov 2017, 3:01:39 UTC

and here I thought some of the junk they are trying to sell on TV ads now days was weird "...
8 WEIRD VINTAGE PRODUCTS YOU'D BE HARD-PRESSED TO FIND NOWADAYS

Over the years, plenty of kitschy products that turned out to not be as groundbreaking as we once thought have come and gone. From the vibrating "workout" belt of the 1950s to the Zunes of the 2000s, many of these products are long forgotten. However, thanks to the magic of advertisements, many of the ideas of these silly novelty products live on.

Here are some of the weirdest products from the depths of the internet that you probably won't find at the mall this holiday season.

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Message 1900814 - Posted: 13 Nov 2017, 3:44:53 UTC

Was just poking around on the local real estate property tax website, and found Papa John's house here is assessed at $11 million, with a tax bill this year of about $38,000. That's a lot of pizza!
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Message 1900819 - Posted: 13 Nov 2017, 4:16:31 UTC - in response to Message 1900814.  

Was just poking around on the local real estate property tax website, and found Papa John's house here is assessed at $11 million, with a tax bill this year of about $38,000. That's a lot of pizza!

Just to give it some context, $11 million for a house is a lot of money in Louisville. My house, which my parents bought in the 1960's for less than $15 thousand, is assessed at around $126 thousand now, and it is a nice 3 bedroom house with a basement on a 1/4 acre lot. Louisville real estate is cheap, so Papa John really has a mansion.
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Message 1900821 - Posted: 13 Nov 2017, 4:25:14 UTC - in response to Message 1900819.  

Just to give it some context, $11 million for a house is a lot of money in Louisville.

$11mil is a lot of money for a house anywhere IMHO.
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Message 1900822 - Posted: 13 Nov 2017, 4:30:01 UTC - in response to Message 1900821.  

Just to give it some context, $11 million for a house is a lot of money in Louisville.

$11mil is a lot of money for a house anywhere IMHO.

Lol, well, it is, you're right, and proportionately speaking, it's a huge difference here. The low end on prices on decent houses here is about where I live, and then they go up from there, but anything over a million is very rare, actually, so Papa John's $11 million home is probably one of the most expensive places in Louisville.
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Message 1900826 - Posted: 13 Nov 2017, 4:50:42 UTC

My place for tax purposes is worth $14,500.00 total, but since I can't move My place to its own land by state law in CA, its real worth is $0.00 to Me, next year I'm going to try and have the taxable worth reduced to below $7,000.00, then I'll owe $0.00 in Property Taxes, instead of $75.00 a year, though I'd most likely still owe $5.30 for a hazardous waste fee every year.
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Message 1900839 - Posted: 13 Nov 2017, 6:50:42 UTC - in response to Message 1900819.  

Was just poking around on the local real estate property tax website, and found Papa John's house here is assessed at $11 million, with a tax bill this year of about $38,000. That's a lot of pizza!

Just to give it some context, $11 million for a house is a lot of money in Louisville. My house, which my parents bought in the 1960's for less than $15 thousand, is assessed at around $126 thousand now, and it is a nice 3 bedroom house with a basement on a 1/4 acre lot. Louisville real estate is cheap, so Papa John really has a mansion.

Interesting. a 3br on 1/4 acre here in my hood would go for about $1M. So $11M there would be around $100M here, or the Playboy Mansion which did sell for $100M. That's a lot of house.
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Message 1900843 - Posted: 13 Nov 2017, 7:07:41 UTC - in response to Message 1900839.  

Was just poking around on the local real estate property tax website, and found Papa John's house here is assessed at $11 million, with a tax bill this year of about $38,000. That's a lot of pizza!

Just to give it some context, $11 million for a house is a lot of money in Louisville. My house, which my parents bought in the 1960's for less than $15 thousand, is assessed at around $126 thousand now, and it is a nice 3 bedroom house with a basement on a 1/4 acre lot. Louisville real estate is cheap, so Papa John really has a mansion.

Interesting. a 3br on 1/4 acre here in my hood would go for about $1M. So $11M there would be around $100M here, or the Playboy Mansion which did sell for $100M. That's a lot of house.

Here's Papa John's current tax record:


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Message 1900851 - Posted: 13 Nov 2017, 7:40:41 UTC - in response to Message 1900845.  

Are tax records in the public domain in the States?

I feel that the current value of my home is a private matter and not one I would want to discuss publicly. However the area that I live in is very much a hybrid one, ranging from Council estates to gated communities with 5 bedroom detached at £5 mil. Yes it is very much us and them.

As far as Jefferson County, which includes the city of Louisville, Kentucky, the law says these records are indeed public domain.
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Message 1900854 - Posted: 13 Nov 2017, 7:46:16 UTC - in response to Message 1900851.  

Are tax records in the public domain in the States?

I feel that the current value of my home is a private matter and not one I would want to discuss publicly. However the area that I live in is very much a hybrid one, ranging from Council estates to gated communities with 5 bedroom detached at £5 mil. Yes it is very much us and them.

As far as Jefferson County, which includes the city of Louisville, Kentucky, the law says these records are indeed public domain.

The reason I showed them here is so people can see how real estate works in different places.
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Message 1900856 - Posted: 13 Nov 2017, 7:51:31 UTC - in response to Message 1900854.  
Last modified: 13 Nov 2017, 7:52:07 UTC

http://www.jcsoky.org/ptax_search.htm
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Message 1900880 - Posted: 13 Nov 2017, 13:29:54 UTC - in response to Message 1900851.  

Are tax records in the public domain in the States?

I feel that the current value of my home is a private matter and not one I would want to discuss publicly. However the area that I live in is very much a hybrid one, ranging from Council estates to gated communities with 5 bedroom detached at £5 mil. Yes it is very much us and them.

As far as Jefferson County, which includes the city of Louisville, Kentucky, the law says these records are indeed public domain.

Even here in San Bernardino County CA, property taxes is a matter of public record, all one needs is an assessors parcel number, and one can see what someone else pays. And taxes are deductible to one extent or another on ones income tax forms, or at least it currently is, some in Congress want to change that for state, local, and property taxes.
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Message 1900882 - Posted: 13 Nov 2017, 13:52:32 UTC - in response to Message 1900857.  

It always amuses me the differences between the UK and the USA

Estate Agent - Realtor
Apartments = Flats
Condominium = Commonhold
Closing costs = Solicitors fees and Land registry fees


Closing costs typically also include a few other things: the Realtor's commission, title insurance, prorated property tax, inspection fees, and a home warranty.
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Message 1900887 - Posted: 13 Nov 2017, 14:31:35 UTC - in response to Message 1900882.  
Last modified: 13 Nov 2017, 14:33:02 UTC

It always amuses me the differences between the UK and the USA

Estate Agent - Realtor
Apartments = Flats
Condominium = Commonhold
Closing costs = Solicitors fees and Land registry fees


Closing costs typically also include a few other things: the Realtor's commission, title insurance, prorated property tax, inspection fees, and a home warranty.

Home Warranty, I've never had one of those, but then I've never bought new either.

Caveat Emptor or buyer beware.
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Message 1900889 - Posted: 13 Nov 2017, 14:48:01 UTC - in response to Message 1900851.  

Are tax records in the public domain in the States?

I feel that the current value of my home is a private matter and not one I would want to discuss publicly. However the area that I live in is very much a hybrid one, ranging from Council estates to gated communities with 5 bedroom detached at £5 mil. Yes it is very much us and them.

As far as Jefferson County, which includes the city of Louisville, Kentucky, the law says these records are indeed public domain.

Doesn't look like Google has put the plot map as a layer there, but it looks like the property has a couple of detached guest houses, a couple lakes, at least a couple holes of private golf course ...
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Message 1900913 - Posted: 13 Nov 2017, 17:11:54 UTC
Last modified: 13 Nov 2017, 17:20:26 UTC

Say No to the Stamp Act of 1776, it's revolting.

There are no sales and/or vat taxes on property, at least in California, and VAT doesn't exist anywhere in the US, in the US only Congress has the power to enable a VAT tax, but has never used it, yet.
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Message 1900915 - Posted: 13 Nov 2017, 17:15:38 UTC

VAT is a tax on sales (as well as many other transactions) - you have GST, which is a fair approximation to it.
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Message 1900917 - Posted: 13 Nov 2017, 17:21:38 UTC - in response to Message 1900915.  

Only at the State and Local levels, not at the Federal level.
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Message 1900927 - Posted: 13 Nov 2017, 18:54:15 UTC

In the US we don't have a value added or sale tax on real estate.
However, we do have a capital gains tax. Subject to a number of exclusions we have to pay tax on the gain we realized on the sale of property. Ie: if we buy a house for $1 million and sell it for $1.5 then we would pay tax on the $0.5 million.
(unless you are a married couple and lived in the house for 2 of the prior 5 years in which case you get to exclude half a million and pay no tax.)
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Message 1900932 - Posted: 13 Nov 2017, 19:06:27 UTC - in response to Message 1900927.  

In the US we don't have a value added or sale tax on real estate.
However, we do have a capital gains tax. Subject to a number of exclusions we have to pay tax on the gain we realized on the sale of property. Ie: if we buy a house for $1 million and sell it for $1.5 then we would pay tax on the $0.5 million.
(unless you are a married couple and lived in the house for 2 of the prior 5 years in which case you get to exclude half a million and pay no tax.)

If I had a place like that, I'd be one rich Wookie...
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Message boards : Cafe SETI : Don't know where it should go? Stick it here! Part V


 
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