Paying Taxes On Rental Property - tanTALK

Foxy · 10-27-2004, 10:40 PM

I get property tax bill for $33.00 I believe for the contents of my salon.
My landlord send me a copy of his bill saying I owe for the property tax of renting his building. His total bill was 20800.00 but then he has divided it between on the shops in our shopping center. My part was 333.00. It was figured by my square footage.
It this the norm for me to pay the landlords taxes? He is already getting top dollar for rent from me every month.

lil_missfit · 10-27-2004, 10:42 PM

Is it in your lease that you have to pay it? I'm lucky, I do not. Other salons in the area have to pay their landlords property taxes, insurance, parking lot lighting, snow removal. I think it's call CAM. Not sure and glad I don't have to worry about it.

Neon Beach · 10-27-2004, 10:51 PM

Where I am it became law several years ago that the property owner was responsible for business taxes regarding said property. I don't have to pay a separeate tax bill as it is now included in the rent. Check your local state/provincial regs and your rental/lease agreements.

Ginger · 10-28-2004, 09:37 AM

The county sends me a Property Tax Notice every year. This year it's $411.60. It's really weird since I don't own the property. Doesn't seem fair, but that's the way they do it.

hockey92 · 10-28-2004, 09:40 AM

Ours is included in our rent... He calls it Ticam... its a little under $300 a month and includes all maintenance, landscaping, window cleaning, garbage, water, taxes, etc... Its a little steep, but its great not to have to worry about them individually too

dcjjp2 · 10-28-2004, 11:19 AM

Our Pproperty tax this year was close to $2000. That really sucks.. I hate Virginia

pam · 10-28-2004, 02:26 PM

I was recently negotiating a lease that had a requirement that I pay my portion of the building's property taxes plus a bunch of other stuff. I might as well buy a building if I am responsible for the roof and foundation. I backed out of that deal.

hockey92 · 10-28-2004, 03:08 PM

I really think that it is ridiculous what these people are getting... I know my realtor makes a small fortune each month.

TRTS · 10-29-2004, 11:28 AM

Our share of property tax is included in. We also pay the CAM each month. In additon to our rent the CAM and tax combined is only $165 a month.

JOLEE · 10-29-2004, 12:39 PM

I pay a CAM on top of the rent that includes this stuff..but at the end of the year...if my landlord has done extra things to our strip mall...he gets to wack me again since those extra things aren't budgeted in....and of course he has done all kinds of things...the place looks much better than it was...so I can't complain, hes been building it back up from next to nothing...so I'm sure I'll get a nice hefty bill by the end of the year.

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10-27-2004, 10:40 PM	#1 (permalink)
Foxy Join Date: Jun 1 2004 Posts: 95 Rep Power: 0	I get property tax bill for $33.00 I believe for the contents of my salon. My landlord send me a copy of his bill saying I owe for the property tax of renting his building. His total bill was 20800.00 but then he has divided it between on the shops in our shopping center. My part was 333.00. It was figured by my square footage. It this the norm for me to pay the landlords taxes? He is already getting top dollar for rent from me every month.

10-27-2004, 10:42 PM	#2 (permalink)
lil_missfit Join Date: Sep 29 2003 Location: Arizona Posts: 1,374 Rep Power: 24	Is it in your lease that you have to pay it? I'm lucky, I do not. Other salons in the area have to pay their landlords property taxes, insurance, parking lot lighting, snow removal. I think it's call CAM. Not sure and glad I don't have to worry about it.

10-27-2004, 10:51 PM	#3 (permalink)
Neon Beach Join Date: Nov 30 2000 Location: Ontario Age: 61 Posts: 38,594 Rep Power: 107	Where I am it became law several years ago that the property owner was responsible for business taxes regarding said property. I don't have to pay a separeate tax bill as it is now included in the rent. Check your local state/provincial regs and your rental/lease agreements.

10-28-2004, 09:37 AM	#4 (permalink)
Ginger Join Date: Jan 27 2000 Posts: 415 Rep Power: 25	The county sends me a Property Tax Notice every year. This year it's $411.60. It's really weird since I don't own the property. Doesn't seem fair, but that's the way they do it.

10-28-2004, 09:40 AM	#5 (permalink)
hockey92 Looking at my Ta-Tas ..eh Join Date: Aug 31 2004 Location: North Carolina Posts: 1,753 Rep Power: 25	Ours is included in our rent... He calls it Ticam... its a little under $300 a month and includes all maintenance, landscaping, window cleaning, garbage, water, taxes, etc... Its a little steep, but its great not to have to worry about them individually too

10-28-2004, 11:19 AM	#6 (permalink)
dcjjp2 I love Derf!! Join Date: Jul 12 2004 Location: Va Posts: 3,228 Rep Power: 28	Our Pproperty tax this year was close to $2000. That really sucks.. I hate Virginia

10-28-2004, 02:26 PM	#7 (permalink)
pam I'm Banned Join Date: Oct 29 2001 Location: USA Posts: 3,893 Rep Power: 0	I was recently negotiating a lease that had a requirement that I pay my portion of the building's property taxes plus a bunch of other stuff. I might as well buy a building if I am responsible for the roof and foundation. I backed out of that deal.

10-28-2004, 03:08 PM	#8 (permalink)
hockey92 Looking at my Ta-Tas ..eh Join Date: Aug 31 2004 Location: North Carolina Posts: 1,753 Rep Power: 25	I really think that it is ridiculous what these people are getting... I know my realtor makes a small fortune each month.

10-29-2004, 11:28 AM	#9 (permalink)
TRTS Waiting Confirmation Join Date: Apr 12 2004 Posts: 179 Rep Power: 0	Our share of property tax is included in. We also pay the CAM each month. In additon to our rent the CAM and tax combined is only $165 a month.

10-29-2004, 12:39 PM	#10 (permalink)
JOLEE Join Date: Nov 25 2003 Posts: 423 Rep Power: 21	I pay a CAM on top of the rent that includes this stuff..but at the end of the year...if my landlord has done extra things to our strip mall...he gets to wack me again since those extra things aren't budgeted in....and of course he has done all kinds of things...the place looks much better than it was...so I can't complain, hes been building it back up from next to nothing...so I'm sure I'll get a nice hefty bill by the end of the year.

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