Comments on Advance Indiana™: Marion County's $2.7 Billion Tax-Exempt Problem

http://x-wire.blogspot.com/2007/08/how-to-decimate...

2007-08-21T16:15:00.000-05:00

http://x-wire.blogspot.com/2007/08/how-to-decimate-property-tax-base-in.html

Anon 12:20, the leased space in the ISTA building ...

2007-08-20T23:03:00.000-05:00

Anon 12:20, the leased space in the ISTA building should not be exempt from taxation unless the tenant is a tax-exempt organization. I'm not sure who all the tenants in that building are now, but I know it used to have a few for-profit businesses, as well as some NFPs.

Gary -- Did you notice that the ISTA building at C...

2007-08-20T12:20:00.000-05:00

Gary -- Did you notice that the ISTA building at Capitol and Market is tax exempt, too? I've been told that the entire building is exempt, even though only a small part is used by the ISTA and the rest is rented like any other private real estate. What a crime.

Mayah Petuhsun doesn't seem to be drawing much att...

2007-08-20T08:50:00.000-05:00

Mayah Petuhsun doesn't seem to be drawing much attention to one of his other "well-managed" projects -- The Bart Mahal Library.

I wouldn't let Peterson or The Gray Mafia anywhere near my house to change a light bulb. Four things would certainly happen;

1. It would take two years before I had light in the basement,

2. It would cost me $50 a bulb contracted through a "Friend-o-Bart (or CCC member),

3. It would have to buy 100 light bulbs through the above agents,

4. My taxes would rise.

The taxpayers can't get this fool out of office soon enough.

Well, you know when they finally get around to it,...

2007-08-19T20:12:00.000-05:00

Well, you know when they finally get around to it, it will be "first reported" in the mainstream media!!

and "the Scribe" will cry about not getting credit!

Note that all the area union halls are exempt, too...

2007-08-19T19:44:00.000-05:00

Note that all the area union halls are exempt, too.

Gary,What would you think of a church having a con...

2007-08-19T17:25:00.000-05:00

Gary,
What would you think of a church having a contract with the City of Indianapolis to mow City parks? My understanding is that this church has a spinoff 501C3 that contracts with the City to mow about 14 City parks.

The Brotherhood Athletic Education Association's P...

2007-08-19T17:06:00.000-05:00

The Brotherhood Athletic Education Association's President is an individual named Dejuan Boyd. They are represented by none other than Ice Miller.
There was a court case a few years back when their exempt status was denied by the State and they apparently got it back via a civil rights lawsuit and another hearing before the State Tax Board.

How can BAEA and Boner both fall under the title of Fraternal when they are both in the real estate business. Remember that the Boner group recently revieved $10 million for sidewalks and curbs.

He-heh, good one, 1:37.Here is one theory: Republi...

2007-08-19T17:00:00.000-05:00

He-heh, good one, 1:37.

Here is one theory: Republicans in the legislature might go along with introduction of proposals to allow service fees, or a small property taxz, on certian church-related properties.

They'd do it to enflame the religious right, and get them to the polls.

Kinda Rovian, but within the realm of possibility.

Great discovery, anon 11:17. Do you think anyone i...

2007-08-19T13:37:00.000-05:00

Great discovery, anon 11:17. Do you think anyone in the mainstream media will follow up on it?

Well, you know when they finally get around to it, it will be "first reported" in the mainstream media!!

Great discovery, anon 11:17. Do you think anyone i...

2007-08-19T12:58:00.000-05:00

Great discovery, anon 11:17. Do you think anyone in the mainstream media will follow up on it?

Wow! The Star's online Data Base for nonprofit pro...

2007-08-19T11:17:00.000-05:00

Wow! The Star's online Data Base for nonprofit property values is extremely informative.

Gary,
Go to the Star's data base and check out the fraternal section on nonprofit property tax exemptions in Center Township.
Two in particular caught my eye:

1) The Brotherhood Athletic Education Association, Inc. (they are actually real estate developers)

2) Boner Properties LLC (also real estate developers)

If you have ever been in the Indianapolis Scottish Rite Cathedral you assume it's worth a more than it's appraised value. On the other hand, the Indiana Grand Masonic Lodge is valued substantially lower than the SR Cathedral.
Now go and check out how little the Murat Shrine property was valued at and they host plays and concerts.

The Boner and Brotherhood exemptions reek of politics. The Masonic Properties are way undervalued even if they did pay taxes.

This whole nonprofit thing really needs to be looked into.