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Old 01-22-2008, 06:23 PM
Lawdog Lawdog is offline
Mental Jujitsu
 
Join Date: Dec 2007
Posts: 577
irrelevant

Putting the property into a trust, corporation or other legal entity won't make it non-taxable. If anything, it will make taxes higher than they need to be because only a natural person or married couple can claim a homestead exemption, which lowers the property tax rates on your sole or primary residence.

Regardless, if the property taxes are not paid by the owner of record, eventually the local taxing authorities will foreclose on the property. Prior to foreclosure, they will typically start slapping liens for unpaid taxes on the property, which will make it impossible for you to sell, refinance, or get a second mortgage on the property unless you agree to pay off those liens at closing.

Taxes suck, but they're a fact of life.
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We reject Skurdal's argument that he is a "free man" exempt from the laws because he has "no contracts" with either the state or federal governments...No persons in Montana may exempt themselves from any law simply by declaring they do not consent to it applying to them...Accepting Skurdal's assertion of exempt status is an invitation to anarchy. We decline that invitation. - State v. Skurdal, Supreme Court of Montana, 235 Mont. 291, 767 P.2d 304 at 308 (1988).
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