Updated almost 7 years ago on .
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Speculative Builder Taxes
Recently I have been hearing rumblings from other Phoenix area investors that have been adding sqft or tearing down old properties and build new, about a Speculative Builder Sales Tax in many metro-Phoenix cities.
It seems as though the city is coming after the investor/owner in some cases 24 months after the home has sold looking for sales tax on the sales price of the improved real property. Has anyone dealt with this? I am curious to hear more.