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Updated over 7 years ago,
New Construction Reassessment?
Hello All,
I was wondering if this makes sense or anyone has done it.....
It goes a little something like this....
You are buying a tear down home. So you tear down the home and then before proceeding with construction you get the home (land) reassessed to have the taxes lowered (and lowering your carrying costs) and then proceed with construction?
Thoughts?