Here's just a bit more journalism on the current urban core housing crisis and recent action against those holding the note . . . Read more:
Kansas City landlord, California millionaire owes almost $600,000 in property taxes
KCTV5 News investigators are exposing the truth about one of Kansas City's biggest landlords. A company named "Raineth" has been snapping up low-income property for years and that company is behind nearly $600,000 in property taxes. Raineth doesn't just owe money to Jackson County. The company owes Cincinnati $600,000 in property taxes and St.
Odd they can buy property w/o meeting existing obligations. Anybody awake at city hall?
ReplyDelete^^^^^Surely you jest?
ReplyDeleteSend them a bill requiring them to pay in full within 60 days, and if not paid, auction the properties.
ReplyDeletePublicize the HELL out of why you're doing this for a week first, and then let the Mothers sue!
"I gots to tell you this?"
Show some cojones, Troy!
The county is the the entity that forecloses on property for unpaid real estate taxes and they allow individuals to fall behind for 3 years before the property is sold. Either way, it is very unlikely that these properties will be sold at auction and therefore they will just end up in the City's Landbank where the City will be on the hook for any liability associated with the property and the Landbank will not serve as a landlord, so those living in the homes will be removed.
Delete11:21, thank you!!!
ReplyDeleteOnce I read this, I reread the story as if CITY, COUNTY and PUBLIC SCHOOLS were all capitalized and in bold. Because you explained that one can't jump back and forth especially interchanging the words CITY and COUNTY.
This goes for Tony's headlines as well. A common mistake. The CITY and the COUNTY are not one and the same.
Angie Ricono is working hard enterprising a complex story. Should win awards. She does great work. We're lucky to have her in this market. But this story jumped back and forth in the finger pointing.
The COUNTY assesses taxes, and remits them to SCHOOLS and the CITY.
Yet, it is the CITY that has the LANDBANK that is on the hook for liabilities.
So it is confusing and disingenuous for the CITY staffer to complain without it being clear how, as DeBergerac suggests, the COUNTY should step in. And block any future purchases by any landlords who are behind on their property taxes.
Of course, that would mean that this would prevent tax slackers like County Executive Frank White from investing in properties!
(Also the COUNTY needs to fix its archaic computer systems, to be able to aggregate names of investors behind on taxes. Preposterous. Odd that a county exec from an industry that THRIVES on statistics, baseball, can't seem to answer a simple basic question.)
I did love the landlord's explanation: "We are behind on profitability!" I might borrow that one. That's one excellent glass half full attitude.
11:21 here, I think it is worth noting that the Lanbank, as well as the County's Land Trust, have policies against seeking property to individuals who have delinquent taxes. One a different note, neither the City or the County can prohibit an individual that has a history of back taxes from purchasing property from a private individual.
ReplyDelete* selling property
DeleteSo jacked up.
ReplyDeleteA good campaign issue for Scott Burnett et al...
Why is it so hard to collect taxes, especially back taxes? If I were to skip even ONE year and not pay my bill, they would be on me like stink on poop.
ReplyDeleteAre the rules different for owners from out of state?
Need a picture of his house which has the taxes paid up!
ReplyDeleteI believe the county does the foreclosures and those in the city that fail to sell at auction wind up in the Land Bank.
ReplyDeleteThe county allows three years of nonpayment and then is SUPPOSED to foreclose, but sometimes an owner can sell a sob story and get an extension as those who suffered with properties owned by Charlie Williard can confirm.
They don’t give 2 fucks. The section 8 scam is what drives these slum lords. Cut out section 8 and problem solved.
ReplyDelete