View Full Version : Unsecured property tax ... ?
Does anyone know anything about it ?
I have a 17 feet fishing boat and I got a bill that asked to pay ...unsecured property Tax , also I asked some of my friends those are having fishing boat about that but seem like no one have to pay something like that .
Anyone has any idea ?
Thanks !
DEVOREFLYER
08-29-2014, 05:02 PM
Yip paid mine, don't be late as you will get a penalty. Just another wonderful tax to pay in Komifornia pay up or have a lien put on your boat plus penalties.
allIdoIsfish
08-31-2014, 01:10 PM
I always pay mine. Weird that your friends have never got a bill.
dixoncider
08-31-2014, 04:06 PM
I got one also.. paid it...
cutbait
08-31-2014, 04:47 PM
Owned boats several I have. Once never had to pay I did.
DMV like me just I guess
DockRat
08-31-2014, 05:16 PM
No bill. Got a luxury tax about 3 years ago, paid it. No bill since.
DR
DEVOREFLYER
08-31-2014, 05:20 PM
The unsecured property tax bill is levied and collected by the County you reside in and has nothing to do with the DMV. It is also known as personal property tax and is applicable to boats, airplanes etc. Mine was $128.92 this year (2014)
Yup paid mine but it was only like 40? bucks since the boat was valued at around 3500
catchingsomefish
09-01-2014, 03:20 PM
My business is in LA County, and I get to pay that on my inventory every year........................
FishingwithDave
09-01-2014, 05:17 PM
I've been billed the last 4 or so years. I questioned their valuation of the boat and got it reduced by $4000 and saved $75.
trail blazer
09-01-2014, 06:47 PM
Hate that bill,,,,,,,,,!!!!!!!
DEVOREFLYER
09-01-2014, 07:54 PM
Hate that bill,,,,,,,,,!!!!!!!
Ya got to PAY to PLAY.:Crying:
Beeracuda211
09-03-2014, 05:32 PM
I'm wondering if you get this only if your boat is being financed through a bank? Is the bank obligated to report it to the county assessor?
DEVOREFLYER
09-03-2014, 06:05 PM
I'm wondering if you get this only if your boat is being financed through a bank? Is the bank obligated to report it to the county assessor?
Paid cash for my boat, It comes from DMV boat registration records.
NFCD I
09-03-2014, 08:26 PM
Paid my this year and every year I've owned a boat. This year it was $78.43.
Thank you Gentement !
So I don"t feel bad than .
Stormcrow
09-04-2014, 01:32 PM
This is wierd. I bought my boat in 2009 and have never received any such bill other than the registration renewal.
one long cast
01-10-2015, 05:43 PM
If I'm correct the tax is paid on boats 16ft and over. I've owned 13 to 15 footers for years and have not paid taxes yet.
HawgZWylde
01-10-2015, 05:55 PM
Boats / Vessels
Why are Boats/Vessels Taxed?
The California Constitution and the Revenue and Taxation Code state that all property is taxable (including boats and other vessels such as jet skis) unless it is specifically exempt by law.
Boat owners pay a registration fee to the Department of Motor Vehicles, but the personal property taxes are paid to the county where the boat is moored or located. If you own a boat in the County of Riverside on lien date (January 1 at 12:01 a.m.), you must pay the taxes on it.
Boat taxes are assessed on the unsecured tax roll. The tax bills are mailed at the end of June and payment is due by August 31 of that year.
Determining the Situs of Boat/Vessel
Section 14 of the California Constitution states, "All property taxed by the local government shall be assessed in the county, city, and district in which it is situated." Revenue and Taxation Code Section 1141 further provides that "boats shall be assessed where they are habitually moored when not in use". Domicile of the owner is the usual tax situs. However, proof that the boat is habitually stored or moored elsewhere when not in use overrides that presumption.
Registration information on boats comes directly from the Department of Motor Vehicles. Boats should be registered at the situs at which they are moored, and this will determine the taxing jurisdiction.
Proof of situs other than DMV registration of domicile could include receipts of docking fees (at January 1 and current), proof of registration in another county or state, and/or a copy of an uncancelled current tax bill from another county for said boat.
Notification of Assessment
Upon discovery of your boat/vessel, the Assessor will mail you a "Notice of Vessel Assessment". This notice will provide you with the fair market value which will be enrolled for the upcoming lien date and general information regarding the assessment of your vessel.
After the initial enrollment year, your notice of assessment will likely be your unsecured tax bill.
Valuation
A boat is taxed at the same tax rate applicable for the area in which it is moored. The boat's taxable value is based on the purchase date, purchase amount, and depreciation (if applicable). Marine market value guides are also used as a valuation source. If marine market value guides are used to support a lower valuation, they must be within 90 days of lien date (January 1). Proof of less than average condition (beyond normal wear) needs to be submitted and accepted before a decrease in value is allowed. Proof could include pictures of the vessel, repair bills, or other documentation of damage.
Boats or vessels with a value of less than $5,000 are not assessed.
Frequently Asked Questions
Q: Do I have to pay the full tax if I sell my boat after the January 1 lien date?
A: Yes. Unsecured property taxes are not prorated by the Tax Collector's Office. Any activity occurring after the lien date only affects the following year.
Q: Should I notify the Assessor's office if I sell my boat?
A: Yes. This information will help prevent you from receiving a tax bill on property you no longer own during the next Roll year. However, you should fill out a Release of Liability form with the Department of Motor Vehicles (DMV).
Q: Why do I have to pay taxes on my boat, but my neighbor / friend / relative doesn't?
A: If a boat / vessel is located or moored in Riverside County, it is subject to assessment. If you know someone who owns a boat / vessel, and it is not being assessed, feel free to contact our office and report the information to us.
Q: My boat is outside the (county/state/country).
A: California registration indicates the boat is kept in California. If it is in the county more than 6 months, it is taxable here.
Q: Why do I have to pay taxes on my boat to you and the DMV?
A: DMV collects a registration fee for the boat. The county Assessor determines boat values, upon which the personal property taxes are based.
Q: Why do I have to pay taxes on my jet ski?
A: In California all property is taxable unless specifically exempt by law. (R&T 201)
http://www.asrclkrec.com/Assessor/BusinessPersonalProperty/BoatsVessels.aspx\
Welcome to California now open your wallet...
Dsrt Tortise
01-16-2015, 12:27 PM
I've been paying the TAX ever since I bought my boat new back in 1999. It's a way that Riverside County puts the screws to it's residents a little more each year.
Dsrt. Tortise :No Pity::No Pity:
fish hunt
01-29-2015, 05:00 PM
yep its a nice fee to have to pony up funny thing is never had to pay that until after a building permit on the property was inspected then from then on got a bill. talked to people about it and one guy told me he got a bill that was the tax for the cost of the boat he had at its original sale price his boat was in project condition no motor outdrive just a bare hull he had to go down and get things straight he bought it for $500.00 bucks and they had it at over $15,000.00
one long cast
03-11-2015, 12:17 PM
Just wondering, what would be the value of your boat (vessel) without the engine, fish finder, batteries and other accessories. HawgZwylde put it pretty clear that the county is assessing a vessel. Now maybe an inboard would get hit with the engine but an out board might be exempt.
hookdfisherman
03-11-2015, 01:47 PM
Owned boats several I have. Once never had to pay I did.
DMV like me just I guess
Warped, Dr. cutbait Suess Suess Sussudio.