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Well that's an easy fix right there. In the US you pay property taxes regardless.
by CydeWeys 3y ago
Well that's an easy fix right there. In the US you pay property taxes regardless.
- hn_throwaway_99 3y agoNot exactly. I mean, in the US, as far as I know in all/most jurisdictions you don't get a different tax rate depending on whether the property is vacant or not. But in many places you can get a sizable property tax deduction for historic designated properties, sometimes equal to 100% of the value of the structure. Note that in the UK "listed building" means the property is registered as being historically significant, https://en.wikipedia.org/wiki/Listed_building https://en.wikipedia.org/wiki/Listed_building.
- CydeWeys 2y agoThat's pretty rare though, especially in the US. And generally afaik, historic listings here impose a cost on the homeowner but not a benefit (i.e. a tax break).