Oh I am in the feels on this at the moment. Just received my tax bill for some farmland I own. I also recently inherited a 10 acre parcel. It’s a swamp. Literally. Can’t build it, farm it, bulldoze it, develop it.
County assessor said it’s worth almost $60k and I’m paying the tax on THAT value.
No realtor will touch it to sell it. It’s only good for a hunter to play in. I’ve even put it on Facebook marketplace for sale at an extremely low price (think under $5k). No takers.
How the actual eff is that remotely fair? Many local farmers have gone through the appeals process and even though the county say’s they’ll reconsider property values on a case-by-case basis – not one single farmer/landowner has successfully gotten a property’s tax value lowered.
Too bad we can’t get a law passed that gives the property owner the option of saying “Sold”, with a proviso that the tax office has to sell said property to a private owner within a couple of years. Any loss incurred on the sale comes out of both the assessor’s pocket and their manager’s pocket.
If you can’t use it or sell it then deed it to the tax assessor. Let him pay the tax on his value. If he drops the value after he owns it I would crucify him at a county meeting that he can lower the tax only if he owns it.
Oh I am in the feels on this at the moment. Just received my tax bill for some farmland I own. I also recently inherited a 10 acre parcel. It’s a swamp. Literally. Can’t build it, farm it, bulldoze it, develop it.
County assessor said it’s worth almost $60k and I’m paying the tax on THAT value.
No realtor will touch it to sell it. It’s only good for a hunter to play in. I’ve even put it on Facebook marketplace for sale at an extremely low price (think under $5k). No takers.
How the actual eff is that remotely fair? Many local farmers have gone through the appeals process and even though the county say’s they’ll reconsider property values on a case-by-case basis – not one single farmer/landowner has successfully gotten a property’s tax value lowered.
Too bad we can’t get a law passed that gives the property owner the option of saying “Sold”, with a proviso that the tax office has to sell said property to a private owner within a couple of years. Any loss incurred on the sale comes out of both the assessor’s pocket and their manager’s pocket.
If you can’t use it or sell it then deed it to the tax assessor. Let him pay the tax on his value. If he drops the value after he owns it I would crucify him at a county meeting that he can lower the tax only if he owns it.
Sorry, but if you do this take a donation of “Wetland” of $60K on your tax return.
Property taxes are evil.
…You only lose your home if you run out of ammo and they decide to shoot back…