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Chicago Tribune
http://chicagofanatics.com/viewtopic.php?f=100&t=106896
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Author:  FavreFan [ Wed Jun 07, 2017 12:54 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
FavreFan wrote:
There's absolutely nothing immoral about finding a legal way to pay less taxes to a state like Illinois that has proven over decades that it has no idea how to properly spend the taxes that the citizens do pay.
Well, appealing three years in a row is clearly abusing the system.

The big problem though is then complaining about the financial situation in the state while you actively doing anything legally possible to pay less in taxes.

Now, if Denis comes in and says that if he was selling his house today and he would list it for the value he fought for then I'll take it back. I'm highly suspicious that his house is worth 30% less than his neighbors.

I still think you're completely wrong on this. You're acting like Illinois's financial situation is caused by stuff like this when it's absolutely not. States with far lower property taxes are in far better fiscal situations than Illinois right now. It's not wrong to do what you can to pay less in taxes to a corrupt, incompetent state government. I'm certain that $3,000 will be put to better use by Denis than it would have been by the state of IL. Maybe he'll buy a few of us more drinks.

Author:  good dolphin [ Wed Jun 07, 2017 12:54 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
FavreFan wrote:
There's absolutely nothing immoral about finding a legal way to pay less taxes to a state like Illinois that has proven over decades that it has no idea how to properly spend the taxes that the citizens do pay.
Well, appealing three years in a row is clearly abusing the system..


Stop. You don't know what you are talking about.

Author:  Caller Bob [ Wed Jun 07, 2017 12:56 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
good dolphin wrote:
Boilermaker Rick wrote:
Maybe one of the reasons the state is in such a difficult financial situation is because people that can afford it use and abuse the appeal process to save themselves some extra money and then complain about the financial mess that is going to cause them to flee the state?


Afford it?

It is a contingency fee based practice. Everyone can afford it.
I meant "afford it" as in can afford to pay the tax on their home that matches up with their actual property value.


What about people that bought a house years ago that was well within their means, but now have seen the property tax escalation raise their escrow exponentially, to the point where the mortgage is now near double?

Author:  RFDC [ Wed Jun 07, 2017 1:00 pm ]
Post subject:  Re: Chicago Tribune

Joe Orr Road Rod wrote:
FavreFan wrote:
There's absolutely nothing immoral about finding a legal way to pay less taxes to a state like Illinois that has proven over decades that it has no idea how to properly spend the taxes that the citizens do pay.



Trumpet!

:lol:

Author:  Brick [ Wed Jun 07, 2017 1:01 pm ]
Post subject:  Re: Chicago Tribune

Caller Bob wrote:
What about people that bought a house years ago that was well within their means, but now have seen the property tax escalation raise their escrow exponentially, to the point where the mortgage is now near double?
Those are the kind of people should be appealing.

I'm not against appealing. Go read the tone of denis' first post. He knows that his house is undervalued in their calculations and did it just because he wanted to pay less money which even then I'm not against that on it's own. Just don't be surprised that the state is in a bad financial situation to the point where you are actively planning how you can leave the state when guys who make a decent living use the system to pay below what they should simply because they can.

Author:  Caller Bob [ Wed Jun 07, 2017 1:02 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
Caller Bob wrote:
What about people that bought a house years ago that was well within their means, but now have seen the property tax escalation raise their escrow exponentially, to the point where the mortgage is now near double?
Those are the kind of people should be appealing.

I'm not against appealing. Go read the tone of denis' first post. He knows that his house is undervalued in their calculations and did it just because he wanted to pay less money which even then I'm not against that on it's own. Just don't be surprised that the state is in a bad financial situation to the point where you are actively planning how you can leave the state when guys who make a decent living use the system to pay below what they should simply because they can.


To be clear, you are advocating a Bernie Sanders level of socialism here....

Author:  good dolphin [ Wed Jun 07, 2017 1:03 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
good dolphin wrote:
Boilermaker Rick wrote:
Maybe one of the reasons the state is in such a difficult financial situation is because people that can afford it use and abuse the appeal process to save themselves some extra money and then complain about the financial mess that is going to cause them to flee the state?


Afford it?

It is a contingency fee based practice. Everyone can afford it.
I meant "afford it" as in can afford to pay the tax on their home that matches up with their actual property value.


The Assessor determines the market value. Are you going to assume that a government bureaucrat will accurately assess each of the tens of thousands of parcels each year (or once every three years in the case of Cook County)?

Zillow, a private company whose reason for existence is to evaluate home values was just sued because they so rarely are correct.

Author:  Brick [ Wed Jun 07, 2017 1:04 pm ]
Post subject:  Re: Chicago Tribune

Caller Bob wrote:
To be clear, you are advocating a Bernie Sanders level of socialism here....
No.

If denis' thought his property value was not realistic then there is no problem with him appealing. It was not designed for the appeal process to be "I'd rather pay less money and even though I already pay less than my neighbors and I would likely sell my house for MORE than what my value is listed as so I want to appeal".

Author:  Brick [ Wed Jun 07, 2017 1:07 pm ]
Post subject:  Re: Chicago Tribune

good dolphin wrote:
The Assessor determines the market value. Are you going to assume that a government bureaucrat will accurately assess each of the tens of thousands of parcels each year (or once every three years in the case of Cook County)?

Zillow, a private company whose reason for existence is to evaluate home values was just sued because they so rarely are correct.
Read what denis wrote in his first post.

If he had claimed his home was overvalued and he therefore appealed then we aren't having this discussion. As I said, I'm not against appealing. I was involved with one at my previous place.

Author:  good dolphin [ Wed Jun 07, 2017 1:09 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
Caller Bob wrote:
What about people that bought a house years ago that was well within their means, but now have seen the property tax escalation raise their escrow exponentially, to the point where the mortgage is now near double?
Those are the kind of people should be appealing.

I'm not against appealing. Go read the tone of denis' first post. He knows that his house is undervalued in their calculations and did it just because he wanted to pay less money which even then I'm not against that on it's own. Just don't be surprised that the state is in a bad financial situation to the point where you are actively planning how you can leave the state when guys who make a decent living use the system to pay below what they should simply because they can.


What denis, a laymen, knows about the valuation of property could is irrelevant and most likely incorrect. He had evidence, most likely in the form of a professional appraisal or comparable situated properties in his neighborhood, that showed the home was overvalued.

denis' hypocrisy is a different issue. I leave that up to you and God to judge that.

Author:  FavreFan [ Wed Jun 07, 2017 1:12 pm ]
Post subject:  Re: Chicago Tribune

There's obviously no hypocrisy here. If Denis was a "tax the rich" Bernie supporter it would be hypocritical

Author:  Brick [ Wed Jun 07, 2017 1:14 pm ]
Post subject:  Re: Chicago Tribune

good dolphin wrote:
What denis, a laymen, knows about the valuation of property could is irrelevant and most likely incorrect. He had evidence, most likely in the form of a professional appraisal or comparable situated properties in his neighborhood, that showed the home was overvalued.
He told us his house is valued at 30% less than what the comparable situated properties are. I understand he won his appeal but that could be for many different reasons.

Author:  FavreFan [ Wed Jun 07, 2017 1:19 pm ]
Post subject:  Re: Chicago Tribune

If he keeps winning appeals than that means the state keeps acknowledging they fucked up. And you're mad at Denis for bringing that fuckup to their attention and getting it rectified? :lol: This whole conversation is absurd.

Author:  Ogie Oglethorpe [ Wed Jun 07, 2017 1:20 pm ]
Post subject:  Re: Chicago Tribune

There is nothing immoral or inherently wrong with wanting to put less money into an inherently corrupt system. I applaud Denis here for finding a way to legally pay less.

Author:  Ogie Oglethorpe [ Wed Jun 07, 2017 1:21 pm ]
Post subject:  Re: Chicago Tribune

If the fiscal situation in Illinois worries you but you keep giving Madigan a majority, then you have no right to complain about those who find ways to pay less

Author:  Brick [ Wed Jun 07, 2017 1:26 pm ]
Post subject:  Re: Chicago Tribune

FavreFan wrote:
If he keeps winning appeals than that means the state keeps acknowledging they fucked up. And you're mad at Denis for bringing that fuckup to their attention and getting it rectified? :lol: This whole conversation is absurd.
I'll try this one more time.

denis, in his first post, indicated that his house was valued fairly at least after the first appeal. After the third appeal, it was 30% less than the comparable homes in his neighborhood. Assuming he got 10% knocked off every time are we saying the state was wrong even though they had undervalued his house by 20%. That makes no sense. There are a lot of reasons why the government would have lost or may not even have fought it as they may simply not have had the resources to fight it.

So, for hopefully the last time, denis made it well known that this was not about the government making a mistake. It was about using the system to pay less than what he "should" based on the actual value of his house. I can promise you that if denis put his house on the market tomorrow he is putting it up for the same price his neighbors are putting their homes up for and not the 30% lower that he pays in taxes.

Author:  FavreFan [ Wed Jun 07, 2017 1:29 pm ]
Post subject:  Re: Chicago Tribune

Yeah, I mean all you're doing is repeating yourself and you're still wrong each time. This is a silly thing to be arguing.

Author:  Caller Bob [ Wed Jun 07, 2017 1:29 pm ]
Post subject:  Re: Chicago Tribune

Brick just can't give up an argument when he's wrong it seems.

Author:  Brick [ Wed Jun 07, 2017 1:31 pm ]
Post subject:  Re: Chicago Tribune

There it is. Two "You're wrong" posts with nothing else. My work is done.

Author:  Caller Bob [ Wed Jun 07, 2017 1:34 pm ]
Post subject:  Re: Chicago Tribune

When FF and I actually agree on something. Odds are, you are wrong.

Author:  Brick [ Wed Jun 07, 2017 1:34 pm ]
Post subject:  Re: Chicago Tribune

Caller Bob wrote:
When FF and I actually agree on something. Odds are, you are wrong.
I get the opposite feeling.

Author:  denisdman [ Wed Jun 07, 2017 1:39 pm ]
Post subject:  Re: Chicago Tribune

Wow go to lunch and miss a lot. My house was Mis-assessed in the wake of the subprime crisis. So was the entire neighborhood. My only recourse was to appeal the assessment, which I did three times.

Peak to trough values in my neighbor we're down about 40%.

Author:  TurdFerguson [ Wed Jun 07, 2017 1:39 pm ]
Post subject:  Re: Chicago Tribune

If one person lowers their property tax, its not actually shorting any money to the county. When the county determines your assessed property value, you are assigned that % of county debt. So when d-man lowers his equivalent value by $3000, that money is made up by redistributing that money across his neighborhood.

Author:  denisdman [ Wed Jun 07, 2017 1:41 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
good dolphin wrote:
What denis, a laymen, knows about the valuation of property could is irrelevant and most likely incorrect. He had evidence, most likely in the form of a professional appraisal or comparable situated properties in his neighborhood, that showed the home was overvalued.
He told us his house is valued at 30% less than what the comparable situated properties are. I understand he won his appeal but that could be for many different reasons.


The entire neighborhood was overvalued based on comparable sales. You had to contest to get your assessment to match fair market value.

Author:  FavreFan [ Wed Jun 07, 2017 1:42 pm ]
Post subject:  Re: Chicago Tribune

Boilermaker Rick wrote:
There it is. Two "You're wrong" posts with nothing else. My work is done.

Nothing else? You still haven't made a coherent rebuttal to any of my points in this thread. This is honestly the most ridiculous position I've ever seen you argue on here. It's an all time dumb argument. By granting the appeal the IL government itself is stating you are wrong :lol: just let it go

Author:  Terry's Peeps [ Wed Jun 07, 2017 1:42 pm ]
Post subject:  Re: Chicago Tribune

Sounds like denis and his subdivision don't want to pay their fair share.

SAD!

Author:  denisdman [ Wed Jun 07, 2017 1:43 pm ]
Post subject:  Re: Chicago Tribune

TurdFerguson wrote:
If one person lowers their property tax, its not actually shorting any money to the county. When the county determines your assessed property value, you are assigned that % of county debt. So when d-man lowers his equivalent value by $3000, that money is made up by redistributing that money across his neighborhood.


Exactly. And I told all my neighbors to do the same. The levy doesn't change.

Author:  denisdman [ Wed Jun 07, 2017 1:44 pm ]
Post subject:  Re: Chicago Tribune

Terry's Peeps wrote:
Sounds like denis and his subdivision don't want to pay their fair share.

SAD!


Right you shit stirrer! :D

The appeals board agreed with me.

Author:  Caller Bob [ Wed Jun 07, 2017 1:44 pm ]
Post subject:  Re: Chicago Tribune

denisdman wrote:
TurdFerguson wrote:
If one person lowers their property tax, its not actually shorting any money to the county. When the county determines your assessed property value, you are assigned that % of county debt. So when d-man lowers his equivalent value by $3000, that money is made up by redistributing that money across his neighborhood.


Exactly. And I told all my neighbors to do the same. The levy doesn't change.


So essentially, the entire crux of BRICK's point was wrong?

Author:  Jaw Breaker [ Wed Jun 07, 2017 1:44 pm ]
Post subject:  Re: Chicago Tribune

As I alluded to earlier, I'm with BRick on this one.

Scenario A: Dennis's house is assessed at 400k and comparable properties are at 300k. He is well within his rights (including morally) to appeal to get the assessment in line with the others.

Sceanrio B: Dennis's house is assessed at 400k but so are all his neighbors' comparable houses. He is somehow able to get his assessment lowered to 300k, which ultimately puts more burden on the neighbors.

I read the original post as Scenario B.

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