I'm telling fortunes in North America. I'm really not a wizard.

Chapter 155: Movie "Tunnel Warfare"

This question really stumped Su Yichen.

Although he now has American citizenship, he has not been here for long and has never encountered such a thing, and he certainly has not learned about this kind of problem.

Of course, I don’t know whether I still have to pay taxes on that piece of land if the house is burned down.

"Sir, I think you should ask Miss Jenny this question. After all, she is a professional!"

Chen Yaozu thought it made sense, so he took out his phone and called Jenny Flopez.

The phone rang twice and was picked up. Upon hearing the question he asked, Jenny Lopez said directly: "Boss, I'll be right over. Wait for me five minutes!"

Jenny Lopez lives here. Not only her, but all the members of the Fuqing Gang in Los Angeles, including their families, or all the people under Chen Yaozu, ran to this 100-acre area to avoid the fire.

Even Olivia's family has come and is now living in the government office. They don't trust the fire protection measures of Water High School.

After all, Chen Yaozu said that the fire was large and aggressive, and would burn down most of Los Angeles, even including some flammable concrete high-rises.

Naturally, the wooden houses along the burning path could not escape the fire. Although the teaching building of Water High School was made of reinforced concrete, the teachers' dormitories were wooden houses.

Jenny Flopez, Chen Yaozu's personal lawyer, was of course also notified and she also has a dormitory here.

That's why when I received the call I said I'd come over in 5 minutes. Actually I could have come over in minutes, but women always have to pack up when they go out. It's impossible for them to just come over in a nightgown.

But compared to other women, 5 minutes is quite quick.

"Boss, I have a thorough understanding of the tax laws and regulations in Los Angeles.

Do I need to explain this to you in detail?"

Does she mean that the logic needs to be explained in detail or the answer should be given directly?

Chen Yaozu certainly chose to understand the logic behind it.

If you know the fact, you want to know the reason behind it!
Seeing how curious Chen Yaozu was, Jenny Lopez nodded.

"Boss, let me tell you the answer first.

You must pay the property tax and land tax. Even if it has been burned down, there will be special appraisers to assess how much your house or the remains of the house are worth, and how much the land is still worth.

Because property tax is levied based on the total value of the house, including the value of the house and the land.

Even if the house burns down, the land still exists, so property taxes continue to be paid.”

“Do we also need to assess the value of the wreckage of a house?”

Chen Yaozu and Su Yichen were shocked, but then expressed their understanding, after all, this was America.

A place where a person can die but cannot fail to pay taxes.

Jenny Flopez saw the shocked look on her boss' face and felt a sense of accomplishment, so she continued to explain.

“Yes, the value of the house is assessed based on how much remains, and the less the residual value, the less tax you pay.

If only one wall is left of the house, assess the wall's value and pay tax based on the value.

Additionally, land taxes are levied based on the value of the land and are usually fixed.

So, even if a house burns down, property taxes don't change immediately.

In some places, you may even have to pay property management fees!"

Chen Yaozu said he understood.

Although Su Yichen cannot afford to buy a house now, he still feels sympathetic: "The American taxation is too cruel. The house they bought is said to have permanent property rights, which is simply a trap!
You still have to pay taxes even if you are burned!
No wonder I just heard those people outside say that this fire might cause another carnival among real estate developers.

Even if the land was burned to the ground, they still had to pay taxes, and few Americans had savings.

Rebuilding is not that easy!
If I keep it I will have to pay tax, so I might as well sell it!"

Jenny shook her head, showing her qualities as an exclusive legal advisor and said.

“It’s not worth selling the land now. What those people outside said is right, after the fire, it will be a carnival for real estate developers.

At least 10,000 to 20,000 houses were destroyed in the fire in Los Angeles. The land on which these 20,000 houses were built is still there, but if too many people want to sell it at the same time, it will definitely not sell for a good price.”

She paused, then continued, “Besides, if the real estate developers target them, it will be difficult to rebuild these burned houses.

Because in America, or to be more precise, in California, if a house burns down, the owner needs to reapply for a building permit before rebuilding.

There are fees for applying for permits, and the value of the home after reconstruction may affect future property taxes.

Of course, if a real estate developer has their eyes on this piece of land, they will use their connections to block your approval process.

Wherever they set their sights, they will get stuck.

These are basically unspoken rules.

After all, in America, only money can bring power and connections.

If the land is not within the planning scope of the real estate developer, it will be very easy to get approval for reconstruction, usually only a few hundred dollars will be needed.”

Chen Yaozu expressed his understanding, and then asked about what he was thinking about.

"Jenny, if I want to buy the land from here to the beach with dozens of houses burned down, how much would it cost?"

Chen Yaozu's place was originally not very populated, so he didn't spend much money on the 100 acres, but it was still too small. With the Qimen Dunjia Five Elements Mystery Formation, his ambition was to go to the seaside. It was not far from here to the seaside.

He had been thinking about buying it all the way from here to the beach, even if the money was not enough, he could just buy a long strip.

In this way, he can apply the maze formation he learned from the Qi Men Dun Jia onto it.

Then it becomes your own private territory.

But there were dozens of households living in this direction before, so the land would be more expensive.

But now there is a godsend opportunity. A big fire has burned down all the surrounding houses and left everyone heavily in debt. These people urgently need money to change their current environment.

This can lower the price.

not to mention.

Now here in Los Angeles, there is about to be a land selling frenzy.

Many people will lose their houses and land, and also their jobs in this fire, and will eventually have to sell their houses and land and move away from Los Angeles.

There is an old saying that goes, "Scarcity makes things valuable." In the past, land in Los Angeles was not expensive, but it was not cheap either.

Now?

In other words, in the next month, two months, or even half a year, the land in Los Angeles will become cheap to an unimaginable price.

In other words, we can spend a lot less money by acquiring these lands.

To be honest.

If it weren't based on national laws, he wouldn't even be willing to buy it.

Just set up a maze formation of Qimen Dunjia and circle any area you want.

I have already cultivated to be an immortal, and you still want me to abide by the law. Wouldn’t it be in vain that I cultivated to be an immortal?

However, Chen Yaozu’s foundation of practice was actually national law, so there was nothing that could be done about it.

He can only buy it.

Jenny Flopez nodded: "Okay, I will help you take all the wasteland from here to the seaside at a very, very reasonable price.

This place is quite remote, I believe the real estate developers won’t be interested in it!
And because this place is relatively remote, the only people who can buy land and build houses here, except for building factories or breeding farms, are poor.

Now that a fire has broken out, whether it is the farm or the factory, all their wealth will be burned down, so they will probably sell them.

Boss, how much budget do you plan to allocate?"

Chen Yaozu thought for a moment and said, "5000 million, maybe!

I have only one request for this $5000 million: I can buy a house by the sea, the bigger the better.”

Jenny nodded and wanted to discuss some details, when suddenly the Wenzhou fish that had just come in and out came back.

"Sir, there are a lot of people outside, all wanting to see you, why don't you go out and talk to them?"

Chen Yaozu was just about to discuss his request with Jenny in detail, so he didn't have the time to go out and talk about anything.

The most important point is that he knows that he is not very good at giving speeches and is not good at speaking.

So he didn’t plan to go out and embarrass himself, so he waved his hand and said, “I have something to do, you go and deal with it first!
Also, Brazilian ghost, you hide the gate of the yamen.

By the way, there are thousands of households with a total of tens of thousands or even hundreds of thousands of people. Let our people patrol more frequently and don’t cause any trouble.

All the food supplies that were urgently purchased two days ago were taken out and sold at the cost price plus a 10% profit.

Also, confiscate all guns from everyone!

We have a gun-free zone!

Hu Ying, lead the ghost soldiers to assist.

Tian, ​​you go too!"

Hu Ying and Tian were not here, but they still heard the order from a distance, and Wenzhou Yu of course followed the order and left.

Then Zhou Jiping, Li Jianguo, Tian Erdai and others who were leading people to maintain order outside also received orders from the ghost soldiers.

"You can hang up a few screens in the makeshift shelters that you have erected in a hurry and show movies.

Project the disaster relief scene video of the snowy plateau from a certain audio app in our country onto it and let them see it.

The mountain fire and the three wildfire rescue scenes in Guangxi Province were also posted.

By the way, the video of Los Angeles firefighters rescuing cats, dogs and the national flag was also projected.

By the way, please also upload the speech clip of the mayor of Texas!

After showing these, we showed them the open-air movie "Tunnel Warfare".

If you have something to watch to pass the time, it will be much easier to maintain order!"

(End of this chapter)