convert 2 family to 4 family

I’ve seen many comments about the potential tax implications, and I know they will go up. Does anyone have any guestimate as to where taxes might go? Currently, they are $4,500\. How high can they potentially go? They shouldn’t go higher than other 4 families in the neighborhood, right? This will be a 4000 sq ft + cellar four family in R6B zone.

ea3421

in Taxes 12 years and 10 months ago

2

Please log in, in order to post replies!

2 replies

Newest Oldest

ea3421 | 12 years and 10 months ago

string(1) "1"
object(WP_User)#4876 (8) {
  ["data"]=>
  object(stdClass)#4853 (12) {
    ["ID"]=>
    string(6) "178596"
    ["user_login"]=>
    string(6) "ea3421"
    ["user_pass"]=>
    string(34) "$P$BzO6nCLgPjkMzRm5lmX1CrIC2ouZy9."
    ["user_nicename"]=>
    string(6) "ea3421"
    ["user_email"]=>
    string(17) "eabram1@yahoo.com"
    ["user_url"]=>
    string(21) "/forums/users/ea3421/"
    ["user_registered"]=>
    string(19) "2017-08-10 14:19:42"
    ["user_activation_key"]=>
    string(0) ""
    ["user_status"]=>
    string(1) "0"
    ["display_name"]=>
    string(6) "ea3421"
    ["spam"]=>
    string(1) "0"
    ["deleted"]=>
    string(1) "0"
  }
  ["ID"]=>
  int(178596)
  ["caps"]=>
  array(2) {
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["cap_key"]=>
  string(15) "wp_capabilities"
  ["roles"]=>
  array(2) {
    [0]=>
    string(10) "subscriber"
    [1]=>
    string(15) "bbp_participant"
  }
  ["allcaps"]=>
  array(4) {
    ["read"]=>
    bool(true)
    ["level_0"]=>
    bool(true)
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["filter"]=>
  NULL
  ["site_id":"WP_User":private]=>
  int(1)
}

I understand the stricter code requirements. The only unknown variable is the new property tax. How high can it go? I need at least a guesstimate.

rodriguezstudio | 12 years and 10 months ago

string(1) "1"
object(WP_User)#4875 (8) {
  ["data"]=>
  object(stdClass)#4874 (12) {
    ["ID"]=>
    string(5) "43316"
    ["user_login"]=>
    string(15) "rodriguezstudio"
    ["user_pass"]=>
    string(34) "$P$BYrCgHC3Dzm0IB5TxC4zTVAvs8i.dK."
    ["user_nicename"]=>
    string(15) "rodriguezstudio"
    ["user_email"]=>
    string(24) "info@rodriguezstudio.net"
    ["user_url"]=>
    string(57) "http://bstoner.wpengine.com/forums/users/rodriguezstudio/"
    ["user_registered"]=>
    string(19) "2010-01-21 22:24:49"
    ["user_activation_key"]=>
    string(0) ""
    ["user_status"]=>
    string(1) "0"
    ["display_name"]=>
    string(15) "rodriguezstudio"
    ["spam"]=>
    string(1) "0"
    ["deleted"]=>
    string(1) "0"
  }
  ["ID"]=>
  int(43316)
  ["caps"]=>
  array(2) {
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["cap_key"]=>
  string(15) "wp_capabilities"
  ["roles"]=>
  array(2) {
    [0]=>
    string(10) "subscriber"
    [1]=>
    string(15) "bbp_participant"
  }
  ["allcaps"]=>
  array(4) {
    ["read"]=>
    bool(true)
    ["level_0"]=>
    bool(true)
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["filter"]=>
  NULL
  ["site_id":"WP_User":private]=>
  int(1)
}

I don’t know about taxes, but going from a 2 to a 4 family will mean you have to comply with stricter code requirements. You may to install sprinklers, more means of egress, and comply with ADA requirements among other things.