turtleandtoad
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Location: Wherever I park. See sig for current location.
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Mood: Good if fishing
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Unfinished buildings
While I've been on the Baja I've noticed a lot of concrete block buildings that look unfinished. The first or second floor will be done and occupied
but the top floor will just have some unfinished block walls. I was told two things about this, 1) They build when they have the extra money, and 2)
As long as the structure is unfinished they get some kind of tax break.
Can anyone confirm or deny the second one?
Currently in Cabo
Mike & Robin; Full-Time RV\'ers
37\' Georgetown w/3 slides & 275 Watts of Solar Power
06 Taco TRD
www.turtleandtoad.com
I am here
To paraphrase Frank Lloyd Wright; I\'m all in favor of keeping dangerous weapons out of the hands of fools. Let\'s start with keyboards. --
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backninedan
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I live in Loreto and have been told by long term neighbors that it is the latter, there is some kind of tax break if your structure isnt finished.
I cant swear this is the truth, just what I was told.
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Bruce R Leech
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the correct answer is both. you don't need to pay the taxes on the improvements until finished. and since most Mexican people don't save and cant
barrow they Build as they can afford.
Bruce R Leech
Ensenada
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Bob H
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....I hear it's mostly the tax break. Look around and see how many structures you come across that have rebar sticking out at the top of the walls as
if to indicate another story will be added (which sometimes never ever does).... you'll see them everywhere!
Bob H
The SAME boiling water that softens the potato hardens the egg. It's about what you are made of NOT the circumstance.
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yankeeirishman
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All newer buildings, in use or not, are unfinished. Rebar sticks out of support pilasters and cross beams. This is for two reasons: One; in case they
want to expand, add another wing or story, and two; so they can claim they are unfinished and not have to pay taxes.
What control freaks there are here. Don\'t believe that post you just read!
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comitan
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unfinished buildings
I just talked to an architect and he told me that they call the rebar sticking out the road to hope, that when they have the money they can continue
building, he says nothing to do with taxes!
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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Bruce R Leech
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| Quote: | Originally posted by lencho
| Quote: | Originally posted by Bruce R Leech
the correct answer is both. you don't need to pay the taxes on the improvements until finished. and since most Mexican people don't save and cant
barrow they Build as they can afford. |
Another consideration: most of my Mexican friends have a strong distrust of banks and the financial system, understandable if one considers the number
of major currency devaluations the country has seen within their lifetimes. It feels safer to put one's money into a half-built structure than into a
bank awaiting a time when one can build the whole thing at a whack. The government can magically reduce the value of a bank account much more easily
than the brick and concrete of one's home. :>
--Larry |
Larry how true this is
Bruce R Leech
Ensenada
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bajalera
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Location: Santa Maria CA
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In the U.S. a "starter" home is a small one that you leave for a larger place when you can afford to. In Mexico, people more often seem to stay in the
start and add improvements as their finances improve. My daughter and I recently tried to find the house she lived in after getting married in
Mazatlan in the 1970s, and the houses in the colonia nearly all had two stories--took us hours to identify her old place.
To me, this is one of the things that makes Mexico more interesting.
bajalera
\"Very few things happen at the right time, and the rest never happen at all. The conscientious historian will correct these defects.\" -
Mark Twain
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White Angel
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Location: Danvers, Mass
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Another Broken Dream
I have heard (and believe) the tax reason for never cutting down that little rebar crown; and it is fun to see a walled two story colonial oozing
money next to a couple of shells and one story block homes; but I've often wondered about the ones that appear abandoned for years. Perhaps everyone's
$ ran out and it's just "another broken dream". Once started; can they be easily sold to another Mexican national?
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Packoderm
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If I had one of those houses with batches of rebar sticking up through the roof, I think I would cover them by casting concrete statues, gargoyles,
and vases over them. When the time finally comes to expand - out comes the sledge hammer.
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bajajudy
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Registered: 10-4-2004
Location: San Jose del Cabo,BCS
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I had them coming out of my roof too.
6 years later we finished the second floor and made columns around them.
Does that make me Mexicana? I sure hope so.
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