this post was submitted on 12 Dec 2024
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hmmm

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For things that are "hmmm".

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[–] CoCo_Goldstein 3 points 5 days ago

I've heard the same. If a property is 'renovated', it retains the same value, tax wise, no matter how much larger the renovated building is.

Not sure how this plays out with a formerly tax exempt property like a church once it get converted into a non-tax exempt property such as a residential apartment building.