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There’s no compounding here, since the property tax is a fee and not a reduction in the value of the asset, so I don’t think that’s applicable.
by ves 8y ago
There’s no compounding here, since the property tax is a fee and not a reduction in the value of the asset, so I don’t think that’s applicable.
- xxpor 8y agoIt's not a direct reduction in value, but I would think if the fee went away the value would still increase.