MS08 said:schwack schwack said:
Right?!?! Their mailing address is a property with no improvements? The county will figure it out at some point - with or without them going in - but then they risk it being pro-rated back to built date,don't they?
This nugget leaves us wanting for more, hah! I don't think they can retroactively collect property taxes as those are based on what the assessed value is. But, looks like they may end up biting their nose off to spite their face. We will stay tuned!
Actually the Tax Code requires the CAD to go back and add "omitted property" as far as 5 years for real estate. Existing improvements that are not reflected on the appraisal roll qualify as "omitted property". Sometimes the local CAD will choose to not go back annd andd the missing property in back years, but they are supposed to.
After reading this thread, I have to admit I would be very tempted to put a bug in the CAD's ear. Property missing from the appraiser roll just means that other taxpayers have to make up for the taxes not being assessed to the owners of the missing property.