Posted on 04/24/2020 4:56:42 AM PDT by Oldeconomybuyer
AT current Prop 13 structure, his tax bill will be around $53,750 the first year, with 2% annual increases after that.
AND-—His “private’ ocean beach frontage” isn’t all that private.
It is only private past the high tide line, IIRC. Low tide & anyone can walk on that beach....
I slipped a digit.
Should be $537,500 annually now & more later....
Someone remind me-—Didn’t Trump new Tax laws stop the deduction of property taxes above $10,000???
That will be another hard pill for Gates to swallow.
one of the most prominent coastal contemporary beach homes on the West Coast.
Until a tsunami happens then you have a new under water house fish wink.
Obama has a house on the ocean too. Liberal elites are such liars.
Stop. You are going to have a stroke.
$43 million?!? You can get 5800 square feet for around $750K outside of Atlanta. Then again, we don’t want them here!
There is erosion on that beach. They use concrete, rocks and, I think, dredging to mitigate
Too much dam griping and whining like b.tches on this board and not enough action"
Excellent!
Finally! You got one over the fence... {:-)
Excellent!
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