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Updated over 8 years ago,
tax abatement for property under LLC
I'm buying a condo from a bank, the condo has a high tax, the property used to pay 10% of the current tax amount 10 years ago, so im thinking to apply for tax abatement once I buy the property, can I still take benefit of it if I put the property under LLc and not my name, it's in Newark, NJ. Thanks