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NoRegrets · 04-15-2010, 01:13 PM

Hi Lawn Psyco!

I built a house in Mass. in the mid 80's. The city prorated my tax bill based on the date of the occupancy permit.

I would think there would be a process for a catastrophic event. There are so many scenarios that it would be hard to make provisions for taxes in the event of a partial loss but in Alton these properties were totally gone. There is no chance of repair or use. Insurance, rental loss, rebuild, abandon, or any other action is done from a position that you have paid for a year of tax on an item you no longer have. The tax bills are town specific. My town has the tax bill broken down by land, improvements (house and structures), and a line item for school.

Side note: LP - Thanks for the lawn info. We have a crew pulling stumps, leveling the yard, bringing in fill, and then seed. We are working out the details on when we will be ordering the seeds from the NY company you referred us to. I also know the soil is the key but don't have the bandwidth to address what to do yet.

04-15-2010, 01:13 PM	#6
NoRegrets Senior Member Join Date: Jun 2007 Location: Hudson - NH Posts: 408 Thanks: 233 Thanked 212 Times in 88 Posts	Hi Lawn Psyco! I built a house in Mass. in the mid 80's. The city prorated my tax bill based on the date of the occupancy permit. I would think there would be a process for a catastrophic event. There are so many scenarios that it would be hard to make provisions for taxes in the event of a partial loss but in Alton these properties were totally gone. There is no chance of repair or use. Insurance, rental loss, rebuild, abandon, or any other action is done from a position that you have paid for a year of tax on an item you no longer have. The tax bills are town specific. My town has the tax bill broken down by land, improvements (house and structures), and a line item for school. Side note: LP - Thanks for the lawn info. We have a crew pulling stumps, leveling the yard, bringing in fill, and then seed. We are working out the details on when we will be ordering the seeds from the NY company you referred us to. I also know the soil is the key but don't have the bandwidth to address what to do yet.