If I place real property into a PTO , does property tax still have to be paid on it?
Property taxes are assessed because real property has been recorded with the County Recorder or Registrar of Deeds. There is no law requiring a property owner to record his property, so the recordation of same is considered to be a voluntary use of government services. The property tax is assessed as a result.
If you wish to opt out of property taxes, first be advised that you should not attempt to do so unless you are prepared to fight that particular battle. Opting out of property taxes will someday likely result in a direct
confrontation with government, which will not let go of control of property easily.
For more information on opting out of property taxes, call 888-385-3733 to set up a consultation.
If you wish to opt out of property taxes, first be advised that you should not attempt to do so unless you are prepared to fight that particular battle. Opting out of property taxes will someday likely result in a direct
confrontation with government, which will not let go of control of property easily.
For more information on opting out of property taxes, call 888-385-3733 to set up a consultation.