4 ms·
> Prop13 has made the property taxable rate so low that many people would rather have an empty rotting hulk Doesn't prop13 only apply to primary residence?
by cwalv 3y ago
> Prop13 has made the property taxable rate so low that many people would rather have an empty rotting hulk
Doesn't prop13 only apply to primary residence?
- bugglebeetle 3y agoNo, it insanely applies to commercial properties as well.
- kurthr 3y agoSo you can sell the LLC that "owns" the property and maintain the low tax assessment.