Tax and fees implications of rebuild with additions vs new build

Asked by Japaek, 94041 Tue Jul 14, 2009

We are debating between rebuilding and leaving a small portion or our current house or do a new build. Can someone explain the tax and fees implication for either? We are based in Mountain View.

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Timber Creek…, Other Pro, Los Altos, CA
Tue Jul 21, 2009
I can not state the exact answer, but from a builders standpoint and what I have learned, it is based on the new current value of your home.

And believe me when I tell you this, it is much easier and cheaper to build new than to do a major remodel !

Let me know if you need any more help with this issue.
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