To: NormsRevenge
My husband and I own a 42 acre ranch in Southern California. I actually looked into the Williamson Act to reduce our property taxes when we first bought the place. It turned out that it wouldn’t have saved us very much in property taxes, because we managed to get a great price on the place, and taxes are based on Purchase price. Because of Prop 13 our taxes wouldn’t rise very fast either.
If memory serves, It was going to cost somewhere in the neighborhood of $3,000.00 to enact the Williamson Act on our land, and it would have taken us quite a few years to break even on that. I’ll stick with Prop 13, thank you!
16 posted on
05/23/2007 10:10:52 PM PDT by
passionfruit
(When illegals become legal, even they won't do work american's won't do)
To: passionfruit
Do you have water rights with your land? Sounds like you did get a good deal as things worked out... and I agree on Prop 13.
17 posted on
05/23/2007 10:14:44 PM PDT by
NormsRevenge
(Semper Fi ... For want of a few good men, a once great nation was lost.)
To: passionfruit; NormsRevenge
23 posted on
05/24/2007 8:00:23 AM PDT by
tubebender
(Watching grass dry and mowing the paint since 1933...)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson