[C320-list] A Great New Year!

[bruceheyman at cox.net]

Ken,
Do you also have to pay a Possessory Interest Tax on the Slip like we do?  If you move into your slip on January 2 then you don't have to pay it.
Bruce
Sent via BlackBerry by AT&T

-----Original Message-----
From: Ken Danko <ken320 at sbcglobal.net>
Date: Thu, 31 Dec 2009 15:03:36 
To: <C320-List at Catalina320.com>
Subject: Re: [C320-list] A Great New Year!

Bruce:

When I bought Grace, there was no proration of taxes at the closing. It 
makes sense that there should be though.

Ken

bruceheyman at cox.net wrote:
> Ken,
> I've heard that but when I sold my last boat in San Diego the closing company pro rated the taxes just like if you were selling a house.
> Bruce
> Somerset 671 SoCal
> Sent via BlackBerry by AT&T
>
> -----Original Message-----
> From: "Bryan Campbell" <bcampbell at valp.net>
> Date: Thu, 31 Dec 2009 15:33:32 
> To: <C320-List at Catalina320.com>
> Subject: Re: [C320-list] A Great New Year!
>
> Sounds like California taxes everything.
>
> -----Original Message-----
> From: c320-list-bounces at lists.catalina320.com
> [mailto:c320-list-bounces at lists.catalina320.com]On Behalf Of Ken Danko
> Sent: Thursday, December 31, 2009 3:31 PM
> To: C320-List at Catalina320.com
> Subject: Re: [C320-list] A Great New Year!
>
>
> In the bay area, "property" tax is assessed to the owner of record on
> 12/31 although it is generally not paid till August. It varies from
> county to county but is generally about 1%. As a result, any
> contemplated boat purchase near the end of the year is better off
> postponed till January. That way the seller pays the tax, not the buyer.
>
> Ken Danko
> 802, Grace
> San Francisco
>
> Bob Zook wrote:
>   
>> Greetings Group, this promises to be an exciting new year for my wife and
>>     
> I.. Today we have closed on our 1998 Catalina 320 hull # 489. We have been
> reading the posts on this website for some time and have found them very
> helpful. This is a great owners group and we look forward to being a part of
> it.. Our MaryKate will be based in Traverse City, Mi.
>   
>> A Happy New Year to all,
>>
>> Bob and Carolyn Zook
>>
>>
>>
>>
>>
>>     
>
>