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There are more than 1.5 million vacant single-family houses and condos in the United States. The reasons why these houses are classified as vacant vary. Some are in popular vacation areas and are used seasonally. Others are on the market, waiting for a renter or a buyer. Many are effectively abandoned. Nationwide, only about 1.6 percent of single-family houses are vacant. In some parts of the country, however, vacancy rates are many times the national figure, exceeding 20 percent, and even 30 percent in the most extreme cases. Read more
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How Israel tax authorities interpret intergroup intangibles exports >
Unlike the taxing authorities in many other countries, the tax authorities of Israel – managing the tax system of one of the world's leading innovation incubators – actively 'patrol the border' keeping a close watch on related-party transactions that may involve intangibles. Read more
Earlier this year, the Church of Scientology expressed interest in a piece of city-owned land near the organization’s Flag Building in downtown Clearwater. The City Council said no. After a unanimous vote Monday, that land, previously a fire station, is set to be turned into an affordable housing complex. Read more
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IAAO NEWS
+ Elections are Nov. 1-15; add Intelliscan to your safe senders list >
The Board of Director elections are Nov. 1-15, and IAAO Regular Members should have recently received an email from Intelliscan Inc., the vendor handling the balloting, noting that on Friday, Nov. 1, they will receive a ballot via email. Members may want to add Intelliscan to their “safe senders list.” Regular members who have not received a ballot by Monday, Nov. 4, should contact John Arbitell at johnarbitell@intelliscaninc.com or 610-935-6176. Read more
 
+ Amy Rasmussen named Iowa Outstanding Member >
The Iowa State Association of Assessors (ISAA) awarded IAAO President-Elect Amy Rasmussen, RES, AAS, FIAAO, their Outstanding Member Award at a recent conference in Des Moines. The recipient of the award is selected based on leadership qualities, professionalism, and contributions to the ISAA. Amy is Chief Deputy Assessor for Polk County and has three decades of experience in the assessment field. ISAA President Shari Plagge cited Amy’s positive personality and the many contributions she has given, and continues to give, to Iowa assessors, including as an instructor, where she has taught at the local, regional and national levels.
 
+ Free webinar on designations set for Oct. 23 >
The second complimentary webinar in October will be on IAAO designations. On Oct. 23, two members of the IAAO Professional Development Committee will present "Professional Designations Create Opportunities" and discuss IAAO's designations with a focus on the requirements related to education, professional experience and projects as well as the benefits gained by earning an IAAO designation. Read more
 
+ Renew your membership for 2020 today >
IAAO membership dues are now available to pay online via the IAAO website, and members who are not on an agency bill may pay online or return the invoice emailed to them. To pay online, go to the IAAO website, log in, click on My Account, and then select "Renew My IAAO Membership." With just a few steps you can complete the process. To pay by mail, return the invoice with payment in US$ funds and return to the IAAO Lockbox address on the invoice. Read more
 
+ 40th Annual Legal Seminar is Dec. 5-6 in Phoenix >
Registration continues for the 40th Annual Legal Seminar, set for Dec. 5-6, 2019, at the Hyatt Regency Phoenix. The two-day seminar will cover recent developments in real property taxation, wind farm improvements and asset appraisal, challenges in the valuation of special purpose properties, litigation strategies for big-box properties, and ethical conundrums for lawyers. Read more
IAAO Connect Corner
+ Hot Topics: Decommissioned nuclear plants, cell towers, and GPS tracking solutions >
Among the topics IAAO Connect members are currently discussing include assessing a decommissioned nuclear power plant, GPS tracking solutions, and sales and lease information for cell tower sites. Read more
AROUND THE INDUSTRY
+ Couple that sold their house to Mark Zuckerberg for $14 million gets a property tax surprise >
Ron and Ellen Shulman were perfectly happy in their Palo Alto home of nearly 20 years. But when a company controlled by Facebook founder Mark Zuckerberg said it would pay $14 million for the property, the offer was too good to pass up. It was a classic Silicon Valley real estate dream come true. They had paid a fraction of that for the house. So, the Shulmans packed up and eventually settled into a house assessed at just under $7 million. The couple planned to use a state law that allows residents over age 55 to transfer their property taxes, in this case from the Palo Alto home to the new house in Atherton, without increasing their tax payment. Read more
 
A federal court put temporary restrictions on a pricey real estate seminar business fronted by reality TV stars — including Tarek El Moussa and Christina Anstead of “Flip or Flop” fame — after the Federal Trade Commission said promises that the classes could make people rich were “misleading” and “bogus.” In a complaint filed by the commission and Utah’s Attorney General, it was alleged that Utah-based Zurixx LLC would hold free real estate events endorsed by stars from the HGTV network but attendees would be asked to pay for another three-day class that cost $1,997. And those who paid for those classes would be taught how to apply for new credit cards and increase the credit limits on existing cards. Then, according to the FTC, instructors would suggest using the credit to pay for additional training that cost more than $41,000. Read more
 
+ Texas cities, counties scramble to increase property taxes ahead of new tax laws >
Since the so-called “Super Bowl” property tax legislation of the 86th Legislature was signed into law, many taxing entities have been trying to squeeze all they can out of taxpayers before the new limits go into effect next year. Currently, these entities can increase property taxes by as much as eight percent before triggering a ratification election with voters. Once the new law takes effect, that will be lowered to 3.5 percent for cities and counties and to 2.5 percent for school districts. Read more
 
After meeting with the Shelby County, Tennessee, attorney, the Shelby County Assessor’s Office is backing off its demands of the Shelby County Clerk’s Office. Now, it is acknowledging in a letter that its demands should have been made to the state, not the clerk’s office. Previously, the assessor’s office had threatened the county clerk’s office with a lawsuit after the clerk’s office cut off digital access to records of business licenses. Read more
 
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+ Fairbanks, Alaska>
Title Examiner II, Fairbanks North Star Borough See more
Borough Assessor, Fairbanks North Star Borough See more
 
+ Ottawa, Ontario >
Property Valuation Specialist - Centralized Properties, Municipal Property Assessment Corporation See more
 
+ Milwaukee >
Assessment Appeals Director, City of Milwaukee, Wisconsin See more
 
+ Conway, NH >
Assessor, Town of Conway See more
 
+ Boulder County, CO >
Assessment Analyst-Mass Appraisal Modeler, Boulder County See more
 
+ Hillsboro, OR >
Residential Property Appraisers I/II, Washington County See more
 
+ Littleton, CO >
Appraiser II-Residential, Arapahoe County Government See more
Deputy Assessor-Administration, Arapahoe County Government See more
 
+ Coventry, RI >
Tax Assessor, Town of Coventry See more
 
+ Lancaster, PA >
Director of Property Assessment, County of Lancaster See more
 
+ Wichita, KS >
County Appraiser, Sedgwick County See more
 
 
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