value of a manufacture home for tax purpose

[Christophe]

Like many I'm in the education process about buying a manufacture home in Southern California.
Here are my questions. If you buy a manufacture home and get it set up on a lot you buy, what will be the value you will be tax on?
Theorical example:
Land cost: 50,000 $
setting up: 60,000 $ (including foundation, permit, etc)
manufacture home: 80,000 $.
Total cost is 190,000 $ but will it be the value for tax purpose (about 1% per year)?
Is it possible to "reduce" the value of the home by taking away some part like the different fees, construction permit, appliances?
Thanks in advance,
Christophe

[rmurray]

Geez...CA's unafforadable prices again..sure must be nice out there...Smile

I would doubt that taxes are on the figures you mention...but..you should call your local tax collector in your state and get the process clearly explained...In most states the tax assessor appraises the home in the neighborhood and set a value...then the tax is a percentage of that...

Earth Quakes,,,high housing prices..and now high real estate taxes...ouch

[Jon]

Chris:
I assume you are referring to real property taxes as opposed to other types of taxes such as a real property transfer tax. If so, many assessing jurisdictions will rely on the total cost new construction as a basis for the first year taxes.
However, some of your costs may not be subject to property tax. For example, here in NY transportation costs and certain optional accessories are not subject to property tax. The best way to determine your potential property tax liability is to discuss your project with the tax assessor for the area in which your property is located. He/She should be able to give you an estimated amount for your likely tax and explain the process used to establish your tax bill.

[Sandy]

Chris,
I have a new MH in Southern California, Torrance, in a MH Park. Our property tax so far has been a little over a thousand dollars. We moved in in April of last year. I received two supplemental bills, one from the time the house was set to the end of the first fiscal year and the second from that point to the next fiscal year. Our home is a 26' x 56' and cost $93,500.

[Christophe]

Jon,
Thanks a lot for the info. Yes it was about real properties tax. For normal house the tax is base only on the house price and doesn't change afterward. For example a colleague who bought an house 200,000 $ ten years ago keep paying 2,200 $ of property tax a year while a neighbor who bought a similar house last year for 400,000 $ pay 4,400 $ a year. It doesn't sound very fair but it is like that.
While it will be some month before I get really active in the market, it good to have this info. I will contact a tax assessor about it.

[rmurray]

Geez...that is an excellent law...I believe that is a direct result of Proposition 13 that Ward Connerly championed a few years ago...This keeps taxes from going up to a level that would make it impossible for long time residents to pay..

It has a secondary social bnenfit..folks do not change homes as much and the communities are much more stable with more long time (usually politically active) folks..

You friend know his taxes every year (I think they can be raised but they would have to raise the millage rate...no politcian wants to vote for a tax increase)..The nieghbor..did not have to buy..He knew what his taxes would be..

Of course...both of them would have lower taxes in my GA neighborhood..