Recent comments in /f/jerseycity

Stormbornne t1_ja96zjc wrote

Based on the info provided, you’re gonna be limited to JSQ and the Heights.

Just moved from the Heights myself. It’s probably exactly what you’re looking for.

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bodhipooh t1_ja8zvsd wrote

Dafuq? How is cash flow, or even rental profit, indicative of what a property is worth if it was to be sold? Lots of people live in properties that could potentially bring in much more money if they were rented out (as opposed to lived in) or sold on the market for someone else to live in. Imagine if we taxed real estate based on its potential rental value! Very few people, particularly long time residents, would be able to afford their tax bills.

I get that some people here just love to hate landlords and shit on their choice to buy and rent properties, but this is ridiculous. If you spend even a minute to actually think through the implications of adjusting property taxes to reflect potential rental revenue, you would see why that’s an absurd idea. Besides, OP's rental income is already taxed in other ways, both by the state and the feds. It’s not like some sort of secret, tax free scam he is trying to hide.

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mageaux t1_ja8w2hs wrote

BF is contesting a parking ticket in court. Similar situation - contesting on principle. He’s had multiple appearances that got rescheduled or fell through for whatever reason (on the court’s part, not his) so it’s been a least a year since the incident. I assume you’ll go through a similar experience, but you still should do it. Too many people are deterred by the red tape, which allows them to get away with bullshit like this.

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