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Kona Dave
 Post subject: Another real estate question for John
PostPosted: Fri Feb 03, 2012 2:26 pm 
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Hey John,

If I were to buy two lots in Ag5 side by side would it be worth going through the trouble to have them re-assessed as one property? Are there any advantages to doing this? Disadvantages?

Thanks!



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John S. Rabi
 Post subject: Re: Another real estate question for John
PostPosted: Fri Feb 03, 2012 3:17 pm 
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Kona Dave wrote:
Hey John, If I were to buy two lots in Ag5 side by side would it be worth going through the trouble to have them re-assessed as one property? Are there any advantages to doing this? Disadvantages? Thanks!
The county automatically will reassess it at the beginning of the year. A 10-acre parcel would most likely be assessed less than the two five-acre parcel assessment added together.



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