View Single Post
  #6  
Old Posted Nov 5, 2008, 7:20 PM
FairHamilton FairHamilton is offline
Registered User
 
Join Date: Feb 2008
Posts: 1,768
Here you'll have to pay property taxes no matter if the home is occupied, or not. The vacant home 2 doors north of my house has been vacant for approx. 20 years and they pay taxes every year on the house. Ironically it's actually assessed to be worth more than my inhabited house.

The only way to reduce the taxes is to remove the building (i.e. tear it down).

That's one of the reasons the developers (property squatters) downtown have torn down so many buildings and replaced them with parking lots. It reduced their property taxes in addition to providing them with parking revenue.
__________________
The jobs, stupid!
Reply With Quote