Previous owner wants property tax credit? - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > General Interest > General Discussion (sailing related)
 Not a Member? 


Like Tree19Likes
Reply
 
LinkBack Thread Tools
  #1  
Old 08-14-2013
Member
 
Join Date: Nov 2009
Location: San Francisco, CA
Posts: 30
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 0
Nias is on a distinguished road
Previous owner wants property tax credit?

Hey guys, so I recently upgraded and took possession of a 1985 CS36 Traditional. Such an awesome boat and I'm beyond thrilled with it.

Question is the previous owner just contacted me and is asking me if I would split the property tax he owes on it for the 2013 fiscal year. He says since he owned the boat for 6 months and then I took possession of it and will own it for the remaining 6 months in the fiscal year that it would be fair if I paid half of the tax the county is charging him. I moved the boat after I took possession to a different county. (San Mateo County in California). They most likely will not charge me for the remainder of this year as it seems they assess and tax owners Jan 1.

Should I pay the previous owner? Is this fair? Seems rather unconventional so I'm wondering if anyone else has ever dealt with this.
Reply With Quote Quick reply to this message Share with Facebook
  #2  
Old 08-14-2013
Senior Member
 
Join Date: Feb 2010
Location: Narragansett Bay
Posts: 9,481
Thanks: 10
Thanked 158 Times in 144 Posts
Rep Power: 6
Minnewaska will become famous soon enough Minnewaska will become famous soon enough
Re: Previous owner wants property tax credit?

I'm not familiar with how these taxes are assessed, but sharing should have been clearly stated in the contract. If not, I would not feel obligated to pay.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Jeanneau 54DS

In the harsh marine environment, something is always in need of repair. Margaritas fix everything.
Reply With Quote Quick reply to this message Share with Facebook
  #3  
Old 08-14-2013
Bradhamlet's Avatar
Senior Member
 
Join Date: Nov 2002
Location: Simi Valley CA
Posts: 159
Thanks: 2
Thanked 3 Times in 3 Posts
Rep Power: 13
Bradhamlet is on a distinguished road
Re: Previous owner wants property tax credit?

I just received my tax bill a week or two ago and it says clearly that the person who owns the boat on Jan 1st is responsible for said property tax. It is up to you if you want to help him out.(apx 1.5% of the value of the boat) When you bought your house did the previous owner ask you to share the cost of his property tax?

Brad
Lancer 36
Reply With Quote Quick reply to this message Share with Facebook
  #4  
Old 08-14-2013
mad_machine's Avatar
Sea Sprite 23 #110 (20)
 
Join Date: Dec 2012
Location: Atlantic City, NJ
Posts: 3,201
Thanks: 5
Thanked 69 Times in 60 Posts
Rep Power: 3
mad_machine is on a distinguished road
Re: Previous owner wants property tax credit?

You could be nice and offer him something, but he sold the boat after paying this year's tax and didn't put it in any sort of contract, so you are not obligated.
__________________
Art Haberland
__________________

In the end all that matters is how fully you loved, how gently you lived, and how gracefully you let go of things that did not belong to you -Buddha

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Quick reply to this message Share with Facebook
  #5  
Old 08-14-2013
Captainmeme's Avatar
Senior Member
 
Join Date: Aug 2008
Location: East Tennessee
Posts: 806
Thanks: 4
Thanked 17 Times in 16 Posts
Rep Power: 7
Captainmeme is on a distinguished road
Re: Previous owner wants property tax credit?

Are the taxes for the previous year or for the coming year?
__________________
No such thing as a free cat, and that goes for boats as well.
Nor'sea 27
Reply With Quote Quick reply to this message Share with Facebook
  #6  
Old 08-14-2013
Bradhamlet's Avatar
Senior Member
 
Join Date: Nov 2002
Location: Simi Valley CA
Posts: 159
Thanks: 2
Thanked 3 Times in 3 Posts
Rep Power: 13
Bradhamlet is on a distinguished road
Re: Previous owner wants property tax credit?

Here in CA it states whomever has ownership of said boat Jan 1st owes for that year. I was billed in August for the 2013 year.

Brad
Lancer 36
Reply With Quote Quick reply to this message Share with Facebook
  #7  
Old 08-14-2013
Member
 
Join Date: Dec 2012
Location: Louisville, KY
Posts: 60
Thanks: 9
Thanked 2 Times in 2 Posts
Rep Power: 2
imasaluki is on a distinguished road
That sounds like garbage to me.
Reply With Quote Quick reply to this message Share with Facebook
  #8  
Old 08-14-2013
Member
 
Join Date: Nov 2009
Location: San Francisco, CA
Posts: 30
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 0
Nias is on a distinguished road
Re: Previous owner wants property tax credit?

Yeah I figured I'm not under any obligation to pay him legally. It's more of a what's the ethically correct thing to do in this case? It is an unexpected expense which I am not prepared for. I also wouldn't and won't ask the new owner of my old boat to reimburse me once I sell it. I've never owned real estate so I don't know how it works there.

Really I think he should get a credit from the county, but that's def not gonna happen.

Another thing to consider is that he probably got some free time on the front end when he bought the boat. If I pay then I will have to ask the next owner to reimburse me when I sell it to be even.
Reply With Quote Quick reply to this message Share with Facebook
  #9  
Old 08-14-2013
Member
 
Join Date: Nov 2009
Location: San Francisco, CA
Posts: 30
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 0
Nias is on a distinguished road
Re: Previous owner wants property tax credit?

The taxes are for Jan 1st 2013 through Jan 1st 2014. As Bradhamlet said they ususally send the bill around August so he probably just got the bill and isn't too happy about that.
Reply With Quote Quick reply to this message Share with Facebook
  #10  
Old 08-14-2013
DRFerron's Avatar
A mod and her dragon
 
Join Date: Nov 2005
Location: SE Pennsylvania
Posts: 4,167
Thanks: 70
Thanked 159 Times in 143 Posts
Rep Power: 10
DRFerron is on a distinguished road
Re: Previous owner wants property tax credit?

If he paid it last year, it isn't like he didn't know it was coming. He should have just hidden it in the price of the boat. I don't think he should have asked you to help with it.
__________________
Donna


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Catalina 30 TRFK

Contributing Editor
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
magazine

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Rock Hall Cruising Station

All things that are, are equally removed from being nothing. John Donne
Reply With Quote Quick reply to this message Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
I know why the Previous Owner sold the boat! Boasun General Discussion (sailing related) 19 06-19-2012 02:54 AM
$8,000 Tax Credit thesnort Living Aboard 9 05-14-2010 12:07 PM
2GM converted to freshwater by previous owner ... now how do I fix it?! scraph Diesel 1 01-11-2010 04:06 PM
Four Day Charter Credit We Are Not Able To Use! shanbill Chartering 0 11-18-2002 05:26 AM
Confused with Credit ptapaul Boat Review and Purchase Forum 3 07-13-2002 07:37 AM


All times are GMT -4. The time now is 02:27 PM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.