
The Marks Estate
Moderator: Styles Bitchley
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- Fleet Admiral
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- Location: Hawaii
- Waterbug Blue
- Fleet Admiral
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- Fleet Admiral
- Posts: 456
- Joined: Mon Dec 12, 2011 8:48 pm
- Location: Hawaii
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- Fleet Admiral
- Posts: 456
- Joined: Mon Dec 12, 2011 8:48 pm
- Location: Hawaii
- rubber chicken
- Master Location Sleuth
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- Location: Great Lakes region
Can you provide a link or the article headline? I assume it was in the Star Advertiser? I've been searching without success.
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- Fleet Admiral
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- Waterbug Blue
- Fleet Admiral
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I subscribe on line to the Star Bulletin and this link is perhaps what is being referred to. Trust the link will open.
http://www.staradvertiser.com/newspremi ... ional.html
Knowing that not a lot of people here read this paper, maybe next time mention what you read, Kimo.
http://www.staradvertiser.com/newspremi ... ional.html
Knowing that not a lot of people here read this paper, maybe next time mention what you read, Kimo.
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- Fleet Admiral
- Posts: 456
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- Location: Hawaii
- Waterbug Blue
- Fleet Admiral
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Ah not to worry - it is great to have you as an 'ear on the ground', so thanks a lot for keeping us updated on all the local news anyways. I know it's easy enough to sit there and punch some more or less wishful thinking and (pseudo) wise remarks into the computer - just want to let you know that your local effort is being greatly appreciated. (like e.g. the info, the plaque photo etc...)
- Waterbug Blue
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The link opens, tells you thatLily wrote:I subscribe on line to the Star Bulletin and this link is perhaps what is being referred to. Trust the link will open.
http://www.staradvertiser.com/newspremi ... ional.html
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State tax deduction allowed for trees deemed exceptional
Owners can claim up to $3,000 every three years to cover taking care of the greenery on their property
It's been dubbed one of the weirdest tax deductions in the country.
A personal finance writer on the Web recently mocked it as among the strangest.
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and wants you to log in...
- Waterbug Blue
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I think I found the article elsewhere ... is it this one?
http://www.masonryconstruction.com/indu ... ID=1861179
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"(...) The law authorizes a per-tree deduction once every three years, and the owners are required to produce a notarized affidavit signed by a certified arborist stating that the expenses were reasonably necessary to maintain the tree. (...)
Some of those owners also have formally designated historic homes, which give them a major break on their property taxes because of the city's historic-home exemption.
The property known as the Walker Estate at 2616 Pali Highway, for instance, has 10 exceptional trees on it, ranging from a mango to an Indian gooseberry, according to the city's listing.
That property is assessed by the city at more than $7.8 million, but because of a historic-home exemption, the owner, Holy-Eye LLC, paid only $616 in property taxes in 2011, according to city online records. The owner, who could not be reached for comment, saved thousands of dollars because of the exemption. The Nuuanu residence was built more than 100 years ago.
(...)
No minimum age is required, but some trees are more than 100 years old.
"It has to be truly exceptional," said Oka, who serves as an adviser to the panel. "We see a lot of beautiful trees, but some fall just short of being exceptional."
(...)
For property owners the exceptional designation brings with it some limitations. The trees can't be cut down unless they pose a safety hazard, and the owner must get a city permit -- no charge -- before maintenance can be done. The work must be performed by a qualified arborist."
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... sounds like a job for a Higgins run society ...
http://www.masonryconstruction.com/indu ... ID=1861179
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"(...) The law authorizes a per-tree deduction once every three years, and the owners are required to produce a notarized affidavit signed by a certified arborist stating that the expenses were reasonably necessary to maintain the tree. (...)
Some of those owners also have formally designated historic homes, which give them a major break on their property taxes because of the city's historic-home exemption.
The property known as the Walker Estate at 2616 Pali Highway, for instance, has 10 exceptional trees on it, ranging from a mango to an Indian gooseberry, according to the city's listing.
That property is assessed by the city at more than $7.8 million, but because of a historic-home exemption, the owner, Holy-Eye LLC, paid only $616 in property taxes in 2011, according to city online records. The owner, who could not be reached for comment, saved thousands of dollars because of the exemption. The Nuuanu residence was built more than 100 years ago.
(...)
No minimum age is required, but some trees are more than 100 years old.
"It has to be truly exceptional," said Oka, who serves as an adviser to the panel. "We see a lot of beautiful trees, but some fall just short of being exceptional."
(...)
For property owners the exceptional designation brings with it some limitations. The trees can't be cut down unless they pose a safety hazard, and the owner must get a city permit -- no charge -- before maintenance can be done. The work must be performed by a qualified arborist."
+++
... sounds like a job for a Higgins run society ...
Last edited by Waterbug Blue on Mon Apr 30, 2012 5:24 am, edited 2 times in total.
Waterbug, all it says about the Walker Estate is the following.
'Ten trees at the Walker Estate at 2616 Pali Highway have been deemed exceptional, from mango to Indian gooseberry, making the owners eligible for income tax deductions for tree maintenance. As a historic home, the $7.8 million estate also receives a major property tax exemption. The owners paid just $616 in property taxes in 2011. '
Presumably its the fact that the owners of this Estate were eligible for income tax deductions re tree maintenance and only paid $616
in taxes last year.
'Ten trees at the Walker Estate at 2616 Pali Highway have been deemed exceptional, from mango to Indian gooseberry, making the owners eligible for income tax deductions for tree maintenance. As a historic home, the $7.8 million estate also receives a major property tax exemption. The owners paid just $616 in property taxes in 2011. '
Presumably its the fact that the owners of this Estate were eligible for income tax deductions re tree maintenance and only paid $616
in taxes last year.