City Tax Bill in the Mail Today

[Bigtime]

My situation is confusing, we took posession of our unit in January of last year. However it is a brand new building and the city hadn't assesed all the individual units, so taxes were paid lump sum for most of the year by the entire building via the lawyers. I don't really have a baseline to compare to this years taxes as a result.

Edit: The post above mine probably describes our situation better than I could!

[onetwo_threefour]

Originally Posted by Bigtime

My situation is confusing, we took posession of our unit in January of last year. However it is a brand new building and the city hadn't assesed all the individual units, so taxes were paid lump sum for most of the year by the entire building via the lawyers. I don't really have a baseline to compare to this years taxes as a result.

Edit: The post above mine probably describes our situation better than I could!

Yeah, that happens a lot with condos. The city doesn't assess individually until the legal units are created which often happens after possession. In that case the same thing I said above is true, but it's prorated based on your unit factor so that the adjustment is for x days at y/10000 X Property Taxes for the whole building. y/10000 is your share of the taxes for the whole building.

[Wookie]

Originally Posted by fotze

So your place is worth north of $650k, good work!

My inlaws in New Jersey pay ~$12,000 for a house worth about $700k. I guess it is not so bad.

Nope, about half of that.

I'll let you figure the rest out

[Ice]

Originally Posted by bomber317

Yeah, underground in the beltline.

Another funny thing, I pay my taxes through my mortgage company, but they can't add the parking stall tax bill to it. I have to manually pay it each year.

OK, wait! You have to pay property tax on a parking space? I've never heard of such a thing.

[Shazam]

Down $3 to $170.

[Resolute 14]

Originally Posted by Peanut

You could probably just apply to TIPP using the tax roll number for each stall, couldn't you? You'd theoretically have 3 TIPP's going on (condo, and one for each stall) but at least it could be automatic withdrawl that way. Each "property" is probably titled to you seperately... or at least that's why I'd assume that's why they are all seperate tax bills.

That is correct, and it is how I am set up.

I pay $97 a month for my condo, and $5 a month for my parking stall.

[Resolute 14]

Originally Posted by Ice

OK, wait! You have to pay property tax on a parking space? I've never heard of such a thing.

Titled parking. Paying taxes on it is not nearly as absurd as having to fill out a declaration of whether I support the public or separate school system separately for it though. I was tempted to support the public system with my condo, and the separate with my parking stall.

[Bigtime]

Originally Posted by Resolute 14

Titled parking. Paying taxes on it is not nearly as absurd as having to fill out a declaration of whether I support the public or separate school system separately for it though. I was tempted to support the public system with my condo, and the separate with my parking stall.

I was thinking about doing the same thing with my two spots!

[metal_geek]

Man I don't miss property taxes... since moving outta calgary in december, my "property tax" is 9.00 a month... 5.00 for garbage collection and 4.00 for the fire department... The garbage collection is optional...

Of course I miss all the sweet services we used to get from our city property taxes... Like cool bridges, 2 hour commutes, light polution, 16ft of sidewalk, zoning restrictions, bi-laws and council elections....

[pope04]

Mine went up around $300.

[Bigtime]

Originally Posted by metal_geek

Of course I miss all the sweet services we used to get from our city property taxes... Like cool bridges, 2 hour commutes, light polution, 16ft of sidewalk, zoning restrictions, bi-laws and council elections....

I'm down with cool bridges, only have a 10 minute commute, blocks upon blocks of sidewalks and they even made huge strides with reducing our light pollution! (http://www.calgary.ca/portal/server....t+Retrofit.htm )