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Old 05-01-2005, 12:23 AM
Join Date: May 2004
Location: Varies
Posts: 4,802
Originally Posted by R Leo
Dunno about other parts of the country but here in Texas, if you keep the ag exemption current on rural property, tax amounts to nothing. On my 116 ac, it's $217/yr.
Ten or twenty acres with a respectable house and a view in Vermont may cost you $14,000/year in taxes alone. If you hold it for a while and sell for double your money you are lucky just to get your tax money back.

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