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SVTPerformance's Chain of Restaurants
Road Side Pub
Fed reports household debt increases faster than any time in the past 20 yrs
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<blockquote data-quote="13COBRA" data-source="post: 16843704" data-attributes="member: 138337"><p>Financing terms are getting stretched wider than Planter's sugar hole.</p><p></p><p></p><p>They'll reduce them here too...but not nearly as fast as they raise them</p><p></p><p>In 2016 I bought 2 houses, the properties touched. In 2017 I tore down one of the houses and left the lot vacant. In 2018 they raised my taxes on the nonexistent house by $3700/year. I called and asked how they came up with that raise, and they said they drove by and took pictures. I said, well that's interesting. I filed for a demolition permit in July of 2017 and had you guys out before and after it was completed later that month. She said "oh".</p><p></p><p>Two weeks later I got a letter stating it was taking my tax down to $850, aka the value of the land.</p></blockquote><p></p>
[QUOTE="13COBRA, post: 16843704, member: 138337"] Financing terms are getting stretched wider than Planter's sugar hole. They'll reduce them here too...but not nearly as fast as they raise them In 2016 I bought 2 houses, the properties touched. In 2017 I tore down one of the houses and left the lot vacant. In 2018 they raised my taxes on the nonexistent house by $3700/year. I called and asked how they came up with that raise, and they said they drove by and took pictures. I said, well that's interesting. I filed for a demolition permit in July of 2017 and had you guys out before and after it was completed later that month. She said "oh". Two weeks later I got a letter stating it was taking my tax down to $850, aka the value of the land. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Fed reports household debt increases faster than any time in the past 20 yrs
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