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Updated over 5 years ago,

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Rick Park
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Purchasing extras with property - how to not raise taxes?

Rick Park
Posted

sellfer financed. Maybe this is just a non-issue.. but if i buy a property that is worth X, but i want to include some equipment (tractor, mower, trailer) in the purchase for Y. So the total loan is for X + Y=Z. will the town look at the loan price of Z, or will they somehow know that the actual property is only worth X? is there a better way to structure the loan?

Thank you in advance for the advice. 

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