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The land most people live on does have market precedent so this would be unnecessary. This idea could still be workable for unimproved land
by np_tedious 6y ago
The land most people live on does have market precedent so this would be unnecessary.
This idea could still be workable for unimproved land
- tsimionescu 6y agoThen we're back to square 1: how do you determine the unimproved land value of improved land, so you can tax it?
- tanzbaer 6y agoIt should be fairly simple to take the original price of installing the components of the house and calculate depreciation. Non-improved value = market value - depreciated home value Obviously you'd have to keep tracking the improvements over time.