(Topic ID: 248666)

Pinball and retirement

By marksf123

48 days ago

Topic Stats

  • 74 posts
  • 32 Pinsiders participating
  • Latest reply 37 days ago by cottonm4
  • Topic is favorited by 6 Pinsiders


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    #19 48 days ago
    Quoted from schwism:

    I’m retiring the beginning of 2021 and had the same dilemma. Didn’t want to move since we spent a lot of effort getting things the way we wanted. Any more than two pins was going to be a problem plus the setup didn’t allow for long term projects.
    My solution was to buy a man Cave. A 48 by 20 unit with a 15x20 loft, climate controlled. About 10 minutes from home. Not for everyone but better than moving houses. Had 2 pins when pictures were taken, up to 4 going on 5. Still have 2 at home. Plan to swap machines between house and Cave from time to time.[quoted image][quoted image][quoted image]

    This looks like a rented storage unit. Any creature comforts in there? Water, etc?

    #36 48 days ago

    How did it get to 80? Was that because prop 13 was instituted in '78 or something?

    #39 47 days ago
    Quoted from xsvtoys:

    Under prop 13 they can still increase your property value, but it is limited to a small amount each year, I think 2% or something like that. So over the course of the years the house valuation does go up, although nowhere near to the crazy level of the current market which was the point of the whole thing. Your valuation also can go up if certain improvements are made to the property.

    I own a home in Cal and I know about the small increases, but 20 to 80 means it must have been reassessed at some point. Odin's home would not be up to 80 now on prop 13 alone.

    #61 45 days ago

    My home would be assessed at 750000 now, I.bought it in 99 for 290. Tax is 4900 including the stupid add-ons like bonds and crap.

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