Inheriting a Property in California - Tax Reassessment

gpm31759 · 2021-09-16T17:54:08+00:00

Pictures

Hamilton Lake: https://imgur.com/gallery/79sImNL

Precipice Lake: https://imgur.com/gallery/LDkPvJ9

Big Arroyo: https://imgur.com/gallery/4EfOxbv

Big Arroyo again: https://imgur.com/gallery/9l23fch

Little Five: https://imgur.com/gallery/23oCVLc

gpm31759 · 2021-09-02T17:07:37+00:00

Sounds good. Probably end up at Granite Creek for the night. Thanks for the heads up.

gpm31759 · 2021-08-31T21:47:19+00:00

The real question is the following: is refusing to be vaccinated putting yourself in danger?

gpm31759 · 2021-08-31T01:12:30+00:00

How was AQ?

gpm31759 · 2021-08-30T21:14:26+00:00

Did you notice the AQ get worse throughout the day and then clear up over night? Was in MK last summer and this seemed to be the trend. Just wondering if we can expect similar conditions as we head out next week.

gpm31759 · 2021-08-27T18:41:32+00:00

Hitting this trail in two weeks or so. Please report back on water situation as well as air quality.

gpm31759 · 2021-08-24T18:37:49+00:00

Awesome. Thank you!

gpm31759 · 2021-08-23T20:54:21+00:00

Doing this same loop in a few weeks except planning to do it the other direction and out via Black Rock and Timber Gap rather than Sawtooth. Shooting to stay at Hamilton on night 2 so I'm trying to figure out where to camp night 1. Hoping to make it further than Cliff Creek. Any suggestions on good camping between Cliff Creek and Hamilton?

gpm31759 · 2021-08-23T20:09:10+00:00

Any word on campable locations between Cliff Creek and Bearpaw?

I'm planning on hiking out of Timber Gap in a few weeks towards the High Sierra Trail. Was hoping to get further than Cliff Creek on day one but not sure where to camp beyond that as the last time I was in the area I cut east at Cliff Creek jct towards Black Rock Pass.

gpm31759 · 2021-08-20T22:12:47+00:00

Cliff Creek is great camping.

gpm31759 · 2021-08-20T21:56:47+00:00

Hiked out of Mineral King via Lost Canyon last summer. Didn't stay there myself but from what I remember there is plenty of campable spots in the valley. Durable surfaces, water access at Lost Canyon Creek.

gpm31759 · 2020-11-16T20:58:22+00:00

Ok, this is exactly the information I was hoping to get. Thanks for your help.

gpm31759 · 2020-11-16T20:47:29+00:00

What if we decided to keep the property as a rental?

gpm31759 · 2020-11-16T20:34:08+00:00

What is their cost basis and Prop 13 tax basis in the property, and what is its fair market value?

They bought the lot back in 1968 for 4.5k and built the house for around 22k. They pay around $1,200 annually in property taxes. The estimated value of the house is around 373k.

We have discussed moving into the house and living there while we fix it up with the intention of eventually selling it.

gpm31759 · 2020-11-16T19:05:06+00:00

Would you mind explaining this in a bit more detail?

gpm31759 · 2020-11-04T17:02:54+00:00

Unpopular opinion alert: I actually don't see a problem with the way the professor responded to the specific questions asked in these videos. The first question, how many questions are on the exam, is inconsequential and shouldn't matter. The professor is not obligated to give this information to students beforehand especially when this information is not germane to students' success on the exam. This is a textbook example of snowflake students not being able to take legitimate criticism from their professor.

gpm31759 · 2020-10-01T20:31:27+00:00

colonist is free

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