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Name: |
dalenpeg
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Subject: |
floating docks
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Date:
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11/29/2010 12:15:43 PM
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We live on a small public lake in south central Illinois. We recently installed a floating boat dock, with rollers and stabilizing pins. After our recent tax assessment, our county assessor saw fit to assess the dock as real estate, although it obviously is moveable and not anchored to the property. Has anyone else been assessed for a dock like this in another county? This county has never done this before, but has decided they can get away with it now, for some reason.
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Name: |
Mack
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Subject: |
floating docks
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Date:
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11/29/2010 10:24:31 PM
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Dear Illinois, your post landed on a Forum associated with a large lake (Martin) in central Alabama. 700+ miles of shoreline and literally thousands of floating docks. Don't know about rollers or pins. Down here, well anchored posts, chain and lag bolts seem to be the order of the day. Just like there, our friends in the Tax Offices seem to be looking for more money. Seems they do not acknowlege that real estate taxes would logically follow real estate values?? Not. When they start taxing floating docks here, we will have reached financial insanity in government.
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Mack, the MX forum and a few others are the same for all lakes online sites and the lake and finishing forum are specific to each lake. THat said, I think us folks at Lake Martin still account for 90% of the posts. It's interesting that we are the only lake that has really cranked up on forum use, although I see Smith and a few others get some posting traffic.
As for taxes, Elmore County looks at their idea of value and considers the dock, sea wall, and other work as part of that value. They also have lofty expectations on value because most of the homes in my neighborhood are valued 100-300k more than they would realistically sell for. I tried to fight it two years in a row and lost. My only recourse was court and the cost of representation in the fight would be far more than a win.....it's sad that government can take advantage of the taxpayers like this, but it seems to be the way of a budget strapped economy.
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Name: |
Lifer
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Subject: |
floating docks, seawall, ramps and such....
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Date:
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11/30/2010 9:13:56 AM
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All fall under the catogory of "IMPROVEMENTS". Just as with non-waterfront. Permanent is subjective. If it is obviuosly for your exclusive use, then it can be considered an improvment. Here, as in most all cases, seawalls and piers do not even belong to us once we construct them with permits, but they are considered improvements on our property assessments.
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