Hangar Tax Assessments CYYJ

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AirFrame
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Re: Hangar Tax Assessments CYYJ

#26 Post by AirFrame » Sat Jan 13, 2018 9:54 am

CpnCrunch wrote:
Fri Jan 12, 2018 6:41 pm
I think if *all* the hangar owners go through the appeal process with accurate figures, you'll be more likely to get a reassessment.
The assessor I spoke to said to me that regardless of any numbers we bring them, they have to take into consideration all properties that they deem "comparable". Which means despite actual selling prices of units in our complex or others, we would be valued based on the open market value of "comparable" commercial space elsewhere on and off the airport.
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Re: Hangar Tax Assessments CYYJ

#27 Post by CpnCrunch » Sat Jan 13, 2018 9:55 am

AirFrame wrote:
Sat Jan 13, 2018 9:54 am
CpnCrunch wrote:
Fri Jan 12, 2018 6:41 pm
I think if *all* the hangar owners go through the appeal process with accurate figures, you'll be more likely to get a reassessment.
The assessor I spoke to said to me that regardless of any numbers we bring them, they have to take into consideration all properties that they deem "comparable". Which means despite actual selling prices of units in our complex or others, we would be valued based on the open market value of "comparable" commercial space elsewhere on and off the airport.
But if you give them a lot of data for hangar sales/rental figures, and they all agree, that's pretty compelling evidence that hangars shouldn't be assessed the same as a factory or Tim Hortons franchise.
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Re: Hangar Tax Assessments CYYJ

#28 Post by AirFrame » Sat Jan 13, 2018 9:58 am

7ECA wrote:
Fri Jan 12, 2018 2:43 pm
Good for the owners - although the appeals process is a joke with BC Assessment.

You appeal, eventually get a phone call from them where they try to talk you out of it by telling you that you either won't get a reduction, or threaten that they may even realize that your property is "undervalued" and increase your assessment.

When you still won't back down, they let you know that there are appeal panels that meet at inconvenient times for anyone working (usually the middle of a weekday), and these kangaroo courts with zero accountability to anyone can do whatever the hell they want.
This is a common theme expressed by many people who have dealt with BC Assessment in the past, it seems. However! Once you have gone through the appeal with their panel, you can pay $100 to have it heard by a judge. Once you've paid that $100 and shown that you're not interested in their kangaroo court results, they will start negotiating in earnest, because they DO NOT WANT to have anything put before a judge.
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Re: Hangar Tax Assessments CYYJ

#29 Post by Schooner69A » Mon Jan 15, 2018 5:20 pm

Our hangars are listed as "Business" which is obviously a tax ploy of some sort seeing as they're all used to house private aircraft.

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Re: Hangar Tax Assessments CYYJ

#30 Post by AirFrame » Tue Jan 16, 2018 7:33 am

Schooner69A wrote:
Mon Jan 15, 2018 5:20 pm
Our hangars are listed as "Business" which is obviously a tax ploy of some sort seeing as they're all used to house private aircraft.
Not quite... They are assessed in a category called "Business and Other". Yes, businesses are in that category, but our hangars are classified as "Other". ie., they don't have a category for Hangars. And as BC Assessment will tell you, they have nothing to do with taxation... Just assessment. Taxation is the municipality.
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Re: Hangar Tax Assessments CYYJ

#31 Post by Schooner69A » Tue Jan 16, 2018 9:53 pm

I should have said that it was the City of Vernon that insists we are "Business"...?
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Re: Hangar Tax Assessments CYYJ

#32 Post by Human Factor » Tue Feb 20, 2018 3:57 pm

Quick question: What is the monthly "pad fee" payable to VAA for owning a hangar at YYJ? I heard something in the neighbourhood of $900 for a basic t-hangar but couldn't get confirmation.
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Re: Hangar Tax Assessments CYYJ

#33 Post by rookiepilot » Wed Feb 21, 2018 6:20 am

AirFrame wrote:
Sat Jan 13, 2018 9:58 am
7ECA wrote:
Fri Jan 12, 2018 2:43 pm
Good for the owners - although the appeals process is a joke with BC Assessment.

You appeal, eventually get a phone call from them where they try to talk you out of it by telling you that you either won't get a reduction, or threaten that they may even realize that your property is "undervalued" and increase your assessment.

When you still won't back down, they let you know that there are appeal panels that meet at inconvenient times for anyone working (usually the middle of a weekday), and these kangaroo courts with zero accountability to anyone can do whatever the hell they want.
This is a common theme expressed by many people who have dealt with BC Assessment in the past, it seems. However! Once you have gone through the appeal with their panel, you can pay $100 to have it heard by a judge. Once you've paid that $100 and shown that you're not interested in their kangaroo court results, they will start negotiating in earnest, because they DO NOT WANT to have anything put before a judge.
That is interesting information.

Unfortunately all governments are broke because of their own incompetence. I wouldn't be surprised to see a lot more of this.
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Re: Hangar Tax Assessments CYYJ

#34 Post by rookiepilot » Wed Feb 21, 2018 6:20 am

AirFrame wrote:
Sat Jan 13, 2018 9:58 am
7ECA wrote:
Fri Jan 12, 2018 2:43 pm
Good for the owners - although the appeals process is a joke with BC Assessment.

You appeal, eventually get a phone call from them where they try to talk you out of it by telling you that you either won't get a reduction, or threaten that they may even realize that your property is "undervalued" and increase your assessment.

When you still won't back down, they let you know that there are appeal panels that meet at inconvenient times for anyone working (usually the middle of a weekday), and these kangaroo courts with zero accountability to anyone can do whatever the hell they want.
This is a common theme expressed by many people who have dealt with BC Assessment in the past, it seems. However! Once you have gone through the appeal with their panel, you can pay $100 to have it heard by a judge. Once you've paid that $100 and shown that you're not interested in their kangaroo court results, they will start negotiating in earnest, because they DO NOT WANT to have anything put before a judge.
That is interesting information.

Unfortunately all governments are broke because of their own incompetence. I wouldn't be surprised to see a lot more of this.
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Re: Hangar Tax Assessments CYYJ

#35 Post by AirFrame » Wed Feb 21, 2018 7:35 am

Human Factor wrote:
Tue Feb 20, 2018 3:57 pm
Quick question: What is the monthly "pad fee" payable to VAA for owning a hangar at YYJ? I heard something in the neighbourhood of $900 for a basic t-hangar but couldn't get confirmation.
Do you mean the lease rate?
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Re: Hangar Tax Assessments CYYJ

#36 Post by Human Factor » Thu Feb 22, 2018 9:52 am

AirFrame wrote:
Wed Feb 21, 2018 7:35 am
Human Factor wrote:
Tue Feb 20, 2018 3:57 pm
Quick question: What is the monthly "pad fee" payable to VAA for owning a hangar at YYJ? I heard something in the neighbourhood of $900 for a basic t-hangar but couldn't get confirmation.
Do you mean the lease rate?
Yes. I couldn't formulate the right wording (brain fart) so channeled my inner Trailer Park Boy and came up with "pad fee". :wink:
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Re: Hangar Tax Assessments CYYJ

#37 Post by AirFrame » Fri Feb 23, 2018 7:41 am

Human Factor wrote:
Thu Feb 22, 2018 9:52 am
AirFrame wrote:
Wed Feb 21, 2018 7:35 am
Human Factor wrote:
Tue Feb 20, 2018 3:57 pm
Quick question: What is the monthly "pad fee" payable to VAA for owning a hangar at YYJ? I heard something in the neighbourhood of $900 for a basic t-hangar but couldn't get confirmation.
Do you mean the lease rate?
Yes. I couldn't formulate the right wording (brain fart) so channeled my inner Trailer Park Boy and came up with "pad fee". :wink:
$900 is way off. It's just over $200/mo on the north side, or about $2500/yr.
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Re: Hangar Tax Assessments CYYJ

#38 Post by Human Factor » Fri Feb 23, 2018 10:46 pm

AirFrame wrote:
Fri Feb 23, 2018 7:41 am

$900 is way off. It's just over $200/mo on the north side, or about $2500/yr.
Thank you, that's considerably more reasonable.

I remember seeing one for sale in the Viscount Center a few years ago for around $85-90K and I thought that the listing said that the monthly assessment was $900. I could have read that wrong, or perhaps it was an annual assessment? It doesn't really matter now.

I think that was the last time that I saw a hangar available for sale, seems they don't come up very often.
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Re: Hangar Tax Assessments CYYJ

#39 Post by AirFrame » Sat Feb 24, 2018 8:26 am

The price for a hangar at Viscount is accurate. They're a little nicer (and a fair bit newer) than many of the hangars on the north side. I don't know what their monthly assessments are, but $900 seems high to me. Note that $200/mo is just for the lease. With all costs included (maintenance, insurance, etc) the monthly cost is around $300 on the north side (at least at our complex).
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Re: Hangar Tax Assessments CYYJ

#40 Post by Human Factor » Sat Feb 24, 2018 10:05 pm

AirFrame wrote:
Sat Feb 24, 2018 8:26 am
The price for a hangar at Viscount is accurate. They're a little nicer (and a fair bit newer) than many of the hangars on the north side. I don't know what their monthly assessments are, but $900 seems high to me. Note that $200/mo is just for the lease. With all costs included (maintenance, insurance, etc) the monthly cost is around $300 on the north side (at least at our complex).
Any vacancies?
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Re: Hangar Tax Assessments CYYJ

#41 Post by AirFrame » Sun Feb 25, 2018 9:48 am

No, sorry... Full up everywhere as far as i know.
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