
Taxes and Building Codes, Then What? You already know about 3 steps we have taken post wildfire from our previous post.
STOP Everything!!!
Before you jump into cleaning up and building take a look at this. Destroyed Property Tax form! If you fail to submit a form before you start, the property tax assessor’s office will not give you a break on taxes at all. But is all the paperwork worth it? It is not a huge break, but maybe every little bit counts for those of us who have lost everything.
Destroyed Property Form (Fillable PDF Application)
Destroyed Property Form (B&W Printable Application)
State Laws (For Your Information)
The second form to submit, is needed if you have already paid property taxes this year so you can request a refund on those taxes. Honestly, the value of your home has decreased quite a bit! Are you looking at a pile of ashes where your home used to be?
There will be no reductions on your taxes prior to the fire for this year. The Spokane County Tax Office will keep the full value of your property taxes paid for the first part of the year, through to August 18th (date of the fire). After you send in the form to the assessor’s office, they will have to come out and verify how much of a “loss of value” you have experienced. What percentage. They will then reduce the taxes on the remainder of this years taxes by that percentage.
Rebuilding?
If you are rebuilding, when you are done, the taxes will immediately return to 100% full blast again. Furthermore, the tax collector will not suffer any losses, because, during the next tax levy period they “can and will” raise the rates to cover their losses from this, “tax break”. Our taxes will increase again.
Remember that when you are at the bottom
there is only one way to go, UP!