For those of us that own Kidani, when will our dues show online?

[tecodis]

Speaking of dues, does anyone know where I can get a copy of the authorization form to have my dues electronically deducted from my checking account? Member Accounting emailed me a file for that but my email client blocked and I can't open it.

 

[DisneyStarWisher]

Can anyone help explain the property taxes???

 

[HayGan]

Can anyone help explain the property taxes???

You own a piece of real estate and taxes are due on it each year. The taxes are divided amongst the number of shares/points to arrive at each owner's tax liability.

 

[DisneyStarWisher]

You own a piece of real estate and taxes are due on it each year. The taxes are divided amongst the number of shares/points to arrive at each owner's tax liability.

Thanks! This makes perfect sense. I'm just wondering why I had never heard of this in all my research on DVC. I'm also wondering why this isn't accounted for when people compare owning DVC with paying cash prices. I'm just a little amazed because that does make some difference in how much DVC actually costs.

 

[gkrykewy]

Thanks! This makes perfect sense. I'm just wondering why I had never heard of this in all my research on DVC. I'm also wondering why this isn't accounted for when people compare owning DVC with paying cash prices. I'm just a little amazed because that does make some difference in how much DVC actually costs.

But it's just another part of the dues, which are well-documented and always discussed The per-point dues cost includes the property tax. It's just broken out in the itemized listing because if you itemize your income taxes, you can deduct that portion.

 

[Sandisw]

Thanks! This makes perfect sense. I'm just wondering why I had never heard of this in all my research on DVC. I'm also wondering why this isn't accounted for when people compare owning DVC with paying cash prices. I'm just a little amazed because that does make some difference in how much DVC actually costs.

Property taxes are paid as part of your MF's so I don't think that people worry about separating it out when they talk about them.

I do think many people do take the MF's into consideration when looking at the overall cost of owning DVC vs. continuing to book and stay on cash reservations.

For me, I knew that part of my MF's would go for property taxes, but the figure I used when deciding was the overall cost (ie: 130 BLT point @ $3.67 per year).

 

[DisneyStarWisher]

Thanks for helping me clear this up. For some reason in my mind, I was thinking annual dues for AKV were $3.86 instead of $4.86. Wouldn't that be nice, huh? I was really worried that the extra $1 was one of those "hidden fees" and was wondering why people had not discussed that before. Now, it all makes sense. Thanks again.

 

[helenk]

I just got back from my Disneyland trip and saw the responses to my post and checked the DVC member site and my dues are there now too.

 

[jerseygal]

Says due June 1st and Interest and Late Fee will be accessed after June 15th.

True grace period between June1st and June 14th??

Thanks!

 

[wrighter]

I know I'm going to risk sounding like a ding dong here, but we need help. Really, we're smart people, and ran all the numbers when we purchased Kidani, but we're stumped.

We purchased 260 points.

2009 annual dues for AKV are 4.86.

We calculate those annual dues to be $1263.60.

Which would mean a cost of $105.30 per month. Right?

We got our first dues statement, charging us a prorated amount for 2009 of $847.37, at a monthly charge of $121.05 (May - December.)

We've crunched the numbers backwards and forwards, and can't figure out for the life of us where that extra $16 per month is coming from. It won't send us to the poor house, but still . . . $16 is $16!

Can some kind soul help us? Of course we're trying to do our month finances today and MS is closed. I always say that the DISers are just as informative (if not more so!) than MS.

 

[ACDSNY]

I know I'm going to risk sounding like a ding dong here, but we need help. Really, we're smart people, and ran all the numbers when we purchased Kidani, but we're stumped.

We purchased 260 points.

2009 annual dues for AKV are 4.86.

We calculate those annual dues to be $1263.60.

Which would mean a cost of $105.30 per month. Right?

We got our first dues statement, charging us a prorated amount for 2009 of $847.37, at a monthly charge of $121.05 (May - December.)

We've crunched the numbers backwards and forwards, and can't figure out for the life of us where that extra $16 per month is coming from. It won't send us to the poor house, but still . . . $16 is $16!

Can some kind soul help us? Of course we're trying to do our month finances today and MS is closed. I always say that the DISers are just as informative (if not more so!) than MS.

It's because we are being charged for 8 months of dues (May - Dec), but you are paying it over 7 months (June - Dec).

 

[wrighter]

Oh Dear Lord. So simple. We ARE ding dongs!

Thanks so much.

 

[ACDSNY]

Oh Dear Lord. So simple. We ARE ding dongs!

Thanks so much.

No your not! I'm just a beancounter so stuff like this is what I deal with everyday.