Re:High property taxes are good
by abeppu on Wednesday July 20, 2022 @05:45PM
(#32172827)
Even if commercial property is changing hands, there are well-known loopholes to structure that as multiple transactions, none of which transfer more than a 50% stake, and which therefore do not trigger a Prop 13 Reassessment.
https://journal.firsttuesday.us/change-the-law-close-prop-13...