All Forum Posts by: Buddy Holmes

@Ann Bellamy,  Great detail reply!   Being from the South, Cooling is as important as heating.

I have a son-in-law in San Francisco and has rehabed a a place in Pacific Heights.  Absolutely no allowance even for AC.  But top-end heating is a gas heated water system to under floor heating.  A truly fantastic comfortable way to heat a home!

To understand the local HVAC check what the norm for your area is!

Cheers, Buddy

@Jose Castillo, Like most questions, IT DEPENDS...

But for HVAC it really depends on where the home is!   In the South  Heat pumps rule except where the home is on natural gas, then electric freon Air and gas heat might be better.  In your climate in Mass, ...

@Tomer O.  I think the IRS would rather you use the purchase price and the few items that they allow you to add from your closing costs.  You can deduct  the percentage land value from your calculation or if close (and in your favor) perhaps the counties land value as given. Thei would be if it your opinion that the difference between you purchase price and the county value is do to the home appreciation and not lad appreciation.  Just be ready to defend your rational if needed.

The 20k total assessment is a means that your county uses to get good bond rating.  They can say we use only 25% of the real property value as a basis for applylng or milage (tax) rate to collect taxes.

@Tina Ferrier,

@Mark Mattison and I have set up a BP meet-up for 7:00 PM on Monday June 19th at Steel City Pizza Patio at 8600 Dorchester RD, N Charleston.  Hope you can join us!

@Scott Huggins,

@Mark Mattison and I have set up a BP meet-up for 7:00 PM Monday June 19th at Steel City Pizza Patio at 8600 Dorchester Rd, N Charleston.  Hope you can join us!

@Tommy Lamar,

@Mark Mattison and I have set up a BP meet-up for 7:00PM Monday 19th June at Steel City Pizza Patio at 8600 Dorchester Rd, N Charleston.  Hope you can join us!

@Brian Lobb,

@Mark Mattison and I have set up a BP meet-up for 7:00 PM Monday 19th of June at Steel City Pizza Patio at 8600 Dorchester RD, N Charleston,  Hope you can join us!

@Amy Bates  , @Roy Jenkins, @Austin Hatley,  

@Mark Mattison and I have set up a BP meet-up for Monday June 19th at 7:00PM at Steel City Pizza at 8600 Dorchester Rd, N. Charleston.   Hope you can join us!

Cheers, Buddy

The Meet-up is Monday at 7:00PM on June 19th at Steel City Pizza patio.  8600 Dorchester Rd at Club Course Drive, two lights North of Ashley Phosphate.

The meet-up is Monday June 19th.  I forgot to mention the date in the notice!? @Marc J Vankleeck