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Steven Westlake
  • Developer
  • Bellefontaine Ohio
219
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371
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Sell property to LLC to reduce property taxes?

Steven Westlake
  • Developer
  • Bellefontaine Ohio
Posted

Heres my line of thinking to reduce property tax. If i sell to an LLC, which I control, at a reduced price, like less than current taxation appraisal, wont that reset the tax base downward ?

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