Comment by dh2022
1 day ago
How would the state become the owner of the property if there are no taxes of the property? The owner would probably be the bank or someone that bought the property in foreclosure. But not the state.
1 day ago
How would the state become the owner of the property if there are no taxes of the property? The owner would probably be the bank or someone that bought the property in foreclosure. But not the state.
Then you collect the tax from the bank.
Can’t avoid a land value tax as the land is forfeit if the tax isn’t paid. Doesn’t matter who owns it.