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Old 09-15-2018, 03:20 PM   #13124
quasi
Willing to sell body for a few minutes on RS
 
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Quote:
Originally Posted by lowside67 View Post
With respect - while property taxes are certainly going up based on appreciating land value, I bet that's primarily just a sob story they fed you.

What's the address? The property tax amount is publicly available for last year and this year - let's find out.

-Mark
Actually my friend who bought a McDonalds franchise had the exact something happen to him in Coquitlam. He budgeted 5% increase in taxes a year over the next 10 years. His taxes went up 150% in 2018.

They reclassified the space he's leasing based on the location, it got lumped in with all the towers in the area some how. He's spoken to his councilman the mayor and anyone who would listen and they all said that it's shitty that his taxes went up like that it wasn't the intention but the pots already been divided so he's SOL.
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