Now remember they are changing how property values are assessed. So everyone's base rises and the rich with 2nd homes dont pay the extra tax because they move it into an LLC.
Now remember they are changing how property values are assessed. So everyone's base rises and the rich with 2nd homes dont pay the extra tax because they move it into an LLC.
> the rich with 2nd homes dont pay the extra tax because they move it into an LLC
Sounds like something worth addressing as a second phase!
They are not changing how property values are assessed for everyone
LLC pays the tax then. It's still a home that isn't a full-time residence.