| -> | | | | permits and didn't have to haul away any junk. |
| Well, every once in a while you have a piece of | | | | Good deal right? |
| property that is actually worth something, but the | | | | Well, here is the kicker; got the commercial zoning |
| old run-down building or house on top of it, makes | | | | change, property was re-assessed and now there |
| it impossible to do anything with. Getting permits | | | | is no junky home on the property it's suddenly |
| to demolish stuff can be as aggravating as getting | | | | worth more. No problem right, next year, higher |
| permits to build something sometimes. Of course, | | | | property taxes, but the new buyer is gonna build |
| if you have the blessings of some of the local | | | | on it anyway, but that is only half the issue. What |
| municipal higher ups and a little political influence, | | | | other issues need to be addressed, it's a done |
| you can make at least some headway. | | | | deal right? |
| Okay, with that in mind let me tell you an | | | | Ah, but now that the property is worth more |
| interesting story. Donated an old farm type house | | | | creating a capital gain, so that negates the |
| (very old) to the fire department for training and | | | | "donation gift" that was taken and deducted last |
| got a property tax gift, they burnt down the | | | | year. Since it was a gain and no longer a gift, |
| place, at least 15 times in practice. Finally there | | | | which in reality is true, the gift was made in order |
| was nothing left, and "they" tilled under all the ash. | | | | to gain. |
| Great, got rid of the place, without demolishing | | | | |