ktxhopem3276 t1_j9qp2zu wrote
Reply to comment by burritoace in Tables turn on Allegheny County assessments, as new math favors owners over tax collectors, schools by RadioChris1
And landlords that buy a dump, renovate, charge high rent and never sell. They will only pay taxes on the original sale price when it was a dump
rmetcalf1230 t1_j9rx1tt wrote
Some call that “the playbook”
ktxhopem3276 t1_j9rxspg wrote
Another cool trick is real estate developers use ground leases and creative corporate structures to avoid transfer taxes
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