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Originally Posted by andrewmitch
is that true? i was considering building a house underground for some other reasons but if no incremental property tax is another reason then perhaps it's a done deal for me?!???
can you document this?
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Sure. They bury the dead. Show me where they are taxed. Like getting blood out of a turnip.
Actually, there was a ICBM silo in Washington state a year or so ago that sold on EBAY. Government must have put over 30 million in that hole. It sold for $100,000 but the property tax was only around a thousand or so. The asset is underground. Not seen. Don't even bring up the issue. Just stay out of commerce.