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The opposite, I think. Lvt does not tax the value of improvements. And while lots can be very valuable, they are not very valuable compared to the improvement i
by b4lancesh33t 9y ago
The opposite, I think. Lvt does not tax the value of improvements. And while lots can be very valuable, they are not very valuable compared to the improvement if the improvement is a skyscraper.
- bufordsharkley 9y agoConstruct some building in the middle of nowhere, in the middle of the Sahara desert or something, and see if it increases or decreases in value. The structure itself will depreciate somewhat, and that's all. ...It's the location for a structure that is responsible for increases and decreases in real estate.